Consumer banking
Consumer banking
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First Horizon National in Memphis, Tenn., swung to a first-quarter loss after it paid $212.5 million to settle an investigation into its pre-crisis mortgage dealings.
April 17 -
Home Bancshares in Conway, Ark., has bids out to buy three banks that, if successful, would add $2 billion in assets.
April 17 -
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.
April 17 -
People's United Financial in Bridgeport, Conn., reported higher first-quarter profit on higher lending fees and gains on the sale of loans.
April 16 -
American Express Co., this year's worst performer in the Dow Jones Industrial Average, said first-quarter profit rose 6.5% as expenses declined.
April 16 -
Sandy Spring Bancorp, in Olney, Md., reported an increase in quarterly profit because of an increase in mortgage revenue.
April 16 -
The high-flying sector is primed for a correction, industry leaders said this week. Declining credit standards are one of the top concerns.
April 16 -
Hampton Roads Bankshares in Virginia Beach, Va., plans to merge its banks and change its name to Shore Financial.
April 16 -
Citigroup faced many of the same earnings headwinds as other large banks lower revenue and lending but still surprised observers with a strong first quarter Thursday. Its North American consumer business was a big reason why.
April 16 -
Webster Financial in Waterbury, Conn., reported lower first-quarter profit as costs from adding personnel and an acquisition weighed on results.
April 16 -
The automated-teller-machine maker announced new software that it estimates can save up to 40% annually on ATM costs by reducing the agony of updating each box individually. The product targets the many banks that still need to upgrade their ATM fleets to Windows 7.
April 16 -
Low-income borrowers are responsible for much of the recent surge in student loan defaults and delinquencies, according to new research by the Federal Reserve Bank of New York.
April 16 -
Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.
April 16 -
Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.
April 16 -
PacWest Bancorp reported higher quarterly profit, as loan growth and lower expenses offset credit issues in the Los Angeles company's energy portfolio.
April 16 -
BBVA has acquired San Francisco user-experience firm Spring Studio, in a bid to improve the look and feel of its digital banking services.
April 16 -
First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.
April 16 -
Mortgage lenders are stressed about how the CFPB's new mortgage disclosure rule will impact their business. But the new forms may give them a chance to improve business performance.
April 16 -
Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.
April 16 -
The Consumer Financial Protection Bureau issued a final rule Wednesday aimed at improving the way that companies submit consumer credit card agreements to the Bureau.
April 16





