Consumer banking
Consumer banking
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WASHINGTON The Consumer Financial Protection Bureau warned lenders Thursday to avoid marketing services agreements where payment for advertising is really just disguising kickbacks.
October 8 -
Allegiance Bancshares expects to raise about $54.6 million in its initial public offering, as the Houston company priced the offering more than two years after expressing interest in going public.
October 8 -
Rabobank in Roseville, Calif., has lined up its next president and chief executive.
October 8 -
In a Q&A, Hari Gopalkrishnan, who oversees mobile banking for Bank of America's consumer and wealth management operations, discusses the mobile trends of the past year, including the difference between what its technology is capable of doing and what consumers are willing to adopt.
October 8 -
Buyers of securitized loans sue Lynn Tilton, the Pittsburgh Home Loan bank's Kristina Williams advises women executives on leveling the playing field, ex-Ally Bank chief Barbara Yastine joins a wealth management firm and Google's Ruth Porat warns about the economic threat posed by mounting student loan debt.
October 8 -
The digital-age industry sells borrowers on its speed. But it remains captive to outdated technology that can delay the delivery of funds by several days.
October 8 -
Mechanics Bank in Walnut Creek, Calif., has named three senior financial executives, about five months after a Dallas investment group acquired a majority stake.
October 8 -
Alma Bank in Long Island City, N.Y., will integrate technology from Diebold that allows for cardless transactions at automated teller machines.
October 8 -
The Pennsylvania company said in a recent filing that its board also looked at succession planning, service provider relationships, board expansion and financial forecasts before seeking bids and agreeing to sell to F.N.B. Corp.
October 8 -
An ACLU chapter sued Benton County, Wash., accusing it of sending people to jail or forcing them to toil on work crews if they fail to pay their court fines. The class-action case wants a ruling on the constitutionality of the county's collection strategies.
October 8 -
Old National said that by owning the branches instead of leasing them, it would have greater control of the properties, classify the branches as assets on its balance sheet and become more efficient.
October 8 -
Avoid viewing millennials as a monolithic group. Consider parsing them into subgroups such as affluent, homebuyers, entrepreneurs and savers. The smarter move may be removing the age bracket blinders entirely.
October 8 -
Minnesotas Supreme Court ruled Wednesday that out-of-state payday lenders will have to follow the states strict lender law for Internet loans, rejecting an argument that the law is unconstitutional.
October 8 -
U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.
October 8 -
It started out as a chat over dinner and cocktails between a director of Trans Pacific National Bank and Dr. Robert Murray, a part-time physician for the San Francisco Giants.
October 7 -
WASHINGTON The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.
October 7 -
Royal Bank of Canada has received approval from the Federal Reserve Board to buy City National in Los Angeles.
October 7 -
Dime Community Bancshares in Brooklyn, N.Y., has agreed to sell a number of real estate properties for $80 million.
October 7 -
Banks say the Consumer Financial Protection Bureau plan to ban arbitration clauses for individual claims will aid trial lawyers, while consumer advocates say the move is overdue and may not go far enough.
October 7 -
The $1.5 billion-asset bank issued $25 million of subordinated notes due 2025 in a private placement. WashingtonFirst used the proceeds to redeem $8.9 million in SBLF preferred shares, which it issued to the Treasury Department in 2011.
October 7


