Consumer banking
Consumer banking
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The Financial Accounting Standards Board has postponed the release of a rule to overhaul how banks calculate loan losses.
November 12 -
WASHINGTON Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.
November 11 -
Salvatore Marranca and Garrett Richter have a lot in common: both found success in the banking world after army service in Vietnam. It was that wartime experience, though, that set them apart from most of their peers.
November 11 -
More consumers are aware of the increase in data breaches in 2015 compared to last year but overall concerns about identity theft have declined, according to TransUnions second annual Holiday Identity theft survey.
November 11 -
More consumers are aware of the increase in data breaches in 2015 compared to last year but overall concerns about identity theft have declined, according to TransUnions second annual Holiday Identity theft survey.
November 11 -
Stonebridge Financial in West Chester, Pa., plans to sell its bank through bankruptcy proceedings.
November 11 -
Anybody in the consumer contact business - particularly debt collection - is acutely aware of the TCPA violation land mines. Dialing cell phones on a predictive dialer without the consumers express permission can result in fines of $1,500 per dial, with threats of class-action lawsuits.
November 11 -
Mid Penn Bancorp in Millersburg, Pa., plans to exit the Small Business Lending Fund program and redeem a separate pool of preferred stock through an upcoming debt sale.
November 11 -
Royal Bank of Canada's chief executive, Dave McKay, says the company could roll out a loyalty system kept on a blockchain next year as it experiments with distributed ledgers and looks to enhance its mobile wallet.
November 11 -
There's another fintech accelerator coming to New York.
November 11 -
Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.
November 11 -
For years, UMB Financial rode fee-income gains from the expansion of its asset management unit to some strong quarters. But the unit's production has waned lately forcing the company to rethink its expense base and management structure.
November 11 -
RBB Bancorp in Los Angeles has agreed to buy TFC Holding, the parent of TomatoBank in Los Angeles.
November 11 -
Our nation has a long way to go to protect those defending our homeland. Stopping the damage of high-cost credit is an important first step.
November 11 -
Bankers are likely to cheer an ad from a conservative group portraying the CFPB as a Stalinist bureaucracy bent on denying consumers' credit. But the ad's over-the-top attack is already playing into the hands of Sen. Elizabeth Warren, the agency's founder.
November 10 -
Banc of California in Irvine has named executives to the newly created positions of chief strategy officer and chief investment officer.
November 10 -
An interbank loan market for community and regional banks, and backed by the Chicago Board Options Exchange, plans to open for business next month.
November 10 -
Silicon Valley Bank in Santa Clara, Calif., has hired a chief operations officer to replace Bruce Wallace, as he shifts to a more digital-focused role.
November 10 -
The added clarity provided by the Federal Housing Administration's revised single-family handbook comes at the expense of lender flexibility to get loans qualified, including a popular workaround for borrowers with deferred student loan debt.
November 10 -
Given that Bank of the Ozarks has agreed to pay handsomely for C1 Financial in Florida, the relatively scarce number of large institutions in the state could command higher prices from acquirers.
November 10




