Consumer banking
Consumer banking
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In Mexico, debt collection harassment complaints have more than tripled in the first half of this year compared to the same period a year ago.
August 10 -
The range of loan products offered by mortgage lenders and investors has been narrow since the housing crisis, but a few underserved niches are starting to make a comeback.
August 10 -
Byron Thompson, chairman of Country Club Bank in Kansas City, Mo., has died.
August 10 -
A group of nonbank small-business lenders unveiled a self-regulatory pledge Thursday designed to bring greater clarity and consistency to their industry's pricing.
August 10 -
Community banks are being crushed by burdensome rules and regulations. Policymakers should recognize their plight and scale back Dodd-Frank.
August 9 -
ValueAct Capital Management has amassed a stake in American Express, people with knowledge of the matter said, as the activist fund considers pursuing shareholder-friendly changes at the credit-card issuer.
August 7 -
Cornerstone Bank in York, Neb., has tapped Kris Holoch to succeed her father Kelly Holthus as the bank's chief executive. Holoch previously served as executive vice president and on the board.
August 7 -
M&T Bank's disclosure that it is in settlement talks with the Justice Department for not complying with underwriting guidelines on FHA loans has renewed fears that more lenders will be targeted.
August 7 -
Apple Pay users are fanatically satisfied to the tune of 98% of in-store users and 93% of in-app users surveyed making an average of 2.6 weekly in-store purchases and 2.3 weekly in-app purchases, according to the Auriemma Consulting Group.
August 7 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including a critical look at the Fed's post-crisis monetary policies and a bid to make the funding community groups receive from banks more transparent.
August 7 -
Cordia Bancorp found an experienced leader to run its bank, and executive recruiters believe more companies could do the same as they try to train the next generation. One problem: Most retired CEOs seem content to sit on the sidelines after enduring the financial crisis.
August 7 -
The number of banks has fallen just 18% nationwide in the five years since Dodd-Frank became law, far less than the 40% figure cited by Rubio in Thursday night's debate.
August 7 -
BankUnited in Miami Lakes, Fla., has promoted Michael McClanahan to the newly created position of Orlando market president.
August 7 -
WASHINGTON Bankers are fighting back against a proposal by the Department of Education that would restrict how universities disburse federal student loan funds, calling it a "large-scale incursion" into the banking sector that goes beyond the department's statutory authority.
August 7 -
A New York City law designed to prevent collection law firms from engaging in abusive practices does not infringe on the state's authority to regulate the profession, according to a ruling this week.
August 7 -
Bryn Mawr Bank in Pennsylvania has issued $30 million in subordinated debt.
August 7 -
Blockchain technology may soon make the high fees, lengthy transaction times and opacity that have plagued legacy cross-border payments a thing of the past.
August 7 -
Heritage Financial in Olympia, Wash., has agreed to an early termination of its Federal Deposit Insurance Corp. loss-share agreements for its purchase of two failed banks in 2010.
August 7 -
Bank of America is offering $1.2 billion of mostly delinquent home loans, extending a series of sales by lenders seeking to pare holdings and meet demand by investment firms for soured mortgages.
August 7 -
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.
August 7






