Consumer banking
Consumer banking
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Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.
October 19 -
The White House is pushing back on suggestions that it will cut a deal to recapitalize Fannie Mae and Freddie Mac before the end of President Obamas term, putting the pressure back on Congress for a solution.
October 19 -
Springleaf's proposed acquisition of Citi's OneMain Holdings is being delayed by the Justice Department, which appears focused on preserving competition at the local level even as a raft of new subprime installment lenders are popping up on the Web.
October 19 -
A blog post published Monday by the New York Fed offered the embattled payday lending industry a rare show of regulatory support.
October 19 -
Community banks, frustrated that online and email marketing often gets overlooked, are trying to get people to engage with local businesses in hopes of landing more clients.
October 19 -
Quicken Loans is partnering with Freddie Mac to boost business among first-time and middle-income borrowers as it battles allegations over its past underwriting practices on Federal Housing Administration-backed mortgages.
October 19 -
Dollar Bank in Pittsburgh has named James McQuade its CEO-in-waiting. McQuade will succeed Robert Oeler on Nov. 1 as president of the $7.2 billion-asset mutual thrift, and then will become CEO some time next year, when Oeler retires from that position.
October 19 -
Fannie Mae plans to make several changes that could help more consumers, including those with little credit history, qualify for a home loan.
October 19 -
Diebold Inc. offered 1.57 billion euros ($1.8 billion) in cash and stock to acquire its German rival, Wincor Nixdorf AG, in a bid to create the biggest maker of cash machines and security systems with about $6 billion in sales.
October 19 -
Even if Operation Choke Point officially ended, U.S. regulators have continued to apply the policy of threatening investigations and ruinous fines against banks that service "high-risk" customers in disfavored industries.
October 19 -
Communities First Financial in Fresno, Calif., has a new chief executive.
October 16 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 16 -
Investar Holding in Baton Rouge, La., has made a series of changes to its executive ranks.
October 16 -
Acquisitions would seem to be a logical course of action for regional banks struggling to cut costs and boost revenues in the low interest rate environment, but some bank chief executives are less open to the idea than others as comments by the heads of First Horizon and SunTrust demonstrate.
October 16 -
General Electric plans to ask early next year for relief from heightened regulatory scrutiny, while its former credit card arm says that it won't be subject to the same stress-testing rules as most banks its size.
October 16 -
The agency's staff is already working on a new regulation that would easing access to capital, an issue that makes bankers very nervous.
October 16 -
BofI Holding in San Diego is poised to end a tumultuous week, after a lawsuit accusing it of lax controls sent investors scurrying.
October 16 -
Citigroup has launched a unit in its global consumer bank dedicated to the development of its mobile banking services and promoted Heather Cox to be its CEO.
October 16 -
Consumer confidence in October remained flat amid concerns about slower growth in the labor market and across the broader economy.
October 16 -
A proposed class-action lawsuit filed Wednesday accusing debt-buying giant Portfolio Recovery Associates of abusing U.S. courts by filing collection lawsuits against tens of thousands of consumers based on false affidavits.
October 16





