Consumer banking
Consumer banking
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A spike in security breaches might make such protection more appealing to customers, even though regulators are taking a closer look at banks that offer such add-on products.
March 17 -
For several years regional banks have been furiously trying to boost fee income by beefing up in wealth management. But the cost of acquiring talent has made it hard for them to gain traction in this all-but saturated market.
March 17 -
Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.
March 17 -
West Virginia lawmakers passed a bill Saturday to make changes to the states Consumer Credit and Protection Act concerning collecting debts, including the codification of abusive call volume.
March 17 -
Private student loans would no longer be exempt from protections when borrowers file for bankruptcy, under a bill introduced in the U.S. Senate.
March 17 -
Warburg Pincus is set to sell its remaining shares of National Penn Bancshares in Allentown, Pa.
March 17 -
First Defiance Financial in Defiance, Ohio, has completed its exit from the Troubled Asset Relief Program after buying an outstanding warrant from the Treasury Department.
March 17 -
Meta Financial Group in Sioux Falls, N.D., expects to have a strong fiscal second quarter despite a small charge tied to brokered deposits.
March 17 -
Kearny Financial in Fairfield, N.J., is moving ahead with its second-step conversion after getting approval from the Federal Reserve Board.
March 16 -
Lending groups are demanding the Consumer Financial Protection Bureau take down its mortgage rate calculator, arguing it is providing misleading information to consumers.
March 16 -
Nomura Holdings Inc. and Royal Bank of Scotland Group Plc helped fuel a bubble that led to the collapse of the U.S. housing market, an attorney for the Federal Housing Finance Agency said at the opening of a trial over defective mortgage-backed securities.
March 16 -
A former chief financial officer at Cooperative Bank in Roslindale, Mass., has filed a whistle-blower lawsuit against the mutual thrift, alleging he was fired after complaining about conflicts and mismanagement.
March 16 -
Westamerica Bancorp. probably expected little trouble when it asked for regulatory permission to close a small branch in northern California. Wrong! Welcome to the world of online petitions and social media.
March 16 -
Despite turmoil in the auto loan market - delinquencies are up, more people are losing their cars to repossession - Santander Consumer USA still had few problems finding buyers last week for a bond deal consisting of auto loans to credit-troubled borrowers.
March 16 -
The Newton (Iowa) Community School District will hire an outside collection agency to help recover an estimated $50,000 owed to the district in overdue food-service accounts.
March 16 -
Frank Hamlin, CEO of Canandaigua National, suggested in a recent letter to shareholders that N.Y. Attorney General Eric Schneiderman's cases against Financial Institutions Inc. and Evans Bancorp were politically motivated.
March 16 -
The dress was casual. The presentations were edgy. But representatives of Capital One's innovation lab made it clear to the South by Southwest crowd that it's not exactly like the startups it wants to hire away from.
March 16 -
Tangible book value was considered nearly sacred after the financial crisis. With the economy improving, investors are becoming more tolerant of acquirers diluting tangible book value for accretive deals.
March 16 -
BMO Harris is adding cashless ATM access to 750 machines, enabling customers to withdraw cash using a smartphone application instead of a plastic card.
March 16 -
A recent Supreme Court decision means that one exemption to the Fair Labor Standards Act does not apply to mortgage salespeople, but their employers might still be able to take advantage of other exemptions.
March 16



