Consumer banking
Consumer banking
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A trans-Atlantic trademark dispute pits one of the most talked-about startups in the emerging blockchain technology field against a futures exchange whose founder is involved in another ballyhooed blockchain firm.
August 14 -
BNC Bancorp in High Point, N.C., has agreed to buy Southcoast Financial in Mount Pleasant, S.C., for $95.5 million in stock.
August 14 -
Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.
August 14 -
Increases in credit card and auto loan balances were not enough to keep overall household debt balances from remaining flat since the first quarter, according to the Federal Reserve Bank of New Yorks Household Debt and Credit Report.
August 14 -
Empire National Bank in Islandia, N.Y., has named former Commerce Bank president and chief executive Robert Falese to its board.
August 14 -
Malvern Federal Savings Bank has hired its chief risk officer from a rival Pennsylvania bank.
August 14 -
The foreclosure crisis is receding, but it has having an enduring impact on lenders' risk appetites.
August 14 -
In 1979, mortgage bankers worried that they could be undercut by "sleeping giants" like Merrill Lynch, Sears Roebuck and what was then called Master Charge.
August 14 -
The New Jersey Senate passed a bill Thursday that would require collection agencies to stop pursuing identity theft victims until the debt is sorted out.
August 14 -
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 from our social media platforms.
August 14 -
Pioneer Bancshares in Dripping Springs, Texas, has struck a deal to merge with FC Holdings, the parent company of First Community Bank in Sugar Land, Texas.
August 13 -
As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.
August 13 -
Banc of California in Irvine is looking for a new chief financial officer, after Ronald Nicolas announced his resignation.
August 13 -
Banks, marketplace lenders and other nonbank lenders were dealt a setback when a federal appeals court declined to reconsider a ruling that has set off alarm bells across the consumer finance industry.
August 13 -
First NBC Bank Holding in New Orleans has delayed the release of its 10-Q, after it discovered an accounting error.
August 13 -
Just 8% of U.S. mortgage origination volume in the second quarter went to borrowers with subprime credit scores, according to new research by the New York Fed. The findings suggest that mortgage standards have loosened only slightly, if at all.
August 13 -
Long proven popular in countries like the U.K., prize-linked accounts recently became legal for banks to offer in some states in the U.S. Blue Ridge Bank in Virginia is early to the market with a product that gives depositors a chance to win $200 monthly for every $25 they save.
August 13 -
The Federal Housing Finance Agency is expected to issue a proposal soon that would require Fannie Mae and Freddie Mac to purchase manufactured housing loans from lenders.
August 13 -
Contrary to the results of a recent internal investigation, the Justice Department's Operation Choke Point circumvents due process in attempt to shutter lawful businesses like payday lenders and ammunitions dealers.
August 13 -
Homeownership is out of reach for too many Americans. The next president could change that with a few simple policies aimed at encouraging private capital to invest in residential mortgages.
August 13






