Consumer banking
Consumer banking
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WASHINGTON The Consumer Financial Protection Bureau issued a bulletin Tuesday warning financial institutions about entering into agreements with third parties that share or hide information related to regulatory exams.
January 27 -
Old National Bancorp in Evansville, Ind., has agreed to buy Mutual Underwriters Insurance in Louisville, Ky.
January 27 -
The traditional method of measuring mortgage denial rates is fundamentally flawed and can produce mistaken conclusions about access to credit.
January 27 -
In Russia, according to a report from The Moscow Times, an alarming debt collection trend involves collectors seizing household pets from debtors who have defaulted on their loans.
January 27 -
South Dakota's Senate Commerce and Energy Committee was scheduled to hold a hearing Tuesday on a state Revenue Department proposal to open a state debt collection office.
January 27 -
Peer-to-peer and institution-to-small business loan marketplace Funding Circle launched a new fractional loan marketplace today, the San Francisco company announced.
January 27 -
Prosper Marketplace, the online lending platform that arranges funding for unsecured consumer loans, announced its first takeover Tuesday, paying $21 million to buy American HealthCare Lending. The target offers loans for elective medical procedures.
January 27 -
Synovus Financial in Columbus, Ga., reported a sharp rise in fourth-quarter profit on loan growth, lower expenses, improved credit quality and other factors.
January 27 -
Commerce Bancshares in Kansas City reported lower quarterly profit on higher expenses.
January 27 -
The traditional method of measuring mortgage denials is fundamentally flawed. Evaluating not just the quantity but also the quality of mortgage applicants can give a clearer picture of actual denial rates.
January 27 -
Wells Financial in Wells, Minn., has installed an interim leader after the resignation of its chief executive.
January 27 -
SVB Financial Group in Santa Clara, Calif., is planning to issue $350 million in senior debt.
January 27 -
Central Valley Community Bancorp in Fresno, Calif., will soon have a new chief executive.
January 27 -
The Federal Reserve appears to have looked at Bitcoin as a potential set of rails for real-time payments in the banking system but shelved the concept for now.
January 27 -
In a new detailed report, the Federal Reserve laid out four options for upgrading the creaky U.S. payment system. The study raised questions about how far the Fed can, and should, go to bring about change.
January 26 -
Zions Bancorp earned $73.2 million in the fourth quarter, compared to a loss of $59 million in the same period of 2013, when it recorded a large Volcker Rule-related charge on debt investments.
January 26 - Rhode Island
Citizens Financial Group in Providence, R.I., posted higher quarterly profits in its first full quarter since going public.
January 26 -
Two Pennsylvania banks recently called off a mutual conversion/merger after the FDIC rejected it on policy grounds. The decision and lack of guidance from the FDIC could spell trouble for other banks with similar plans.
January 26 -
WASHINGTON The Office of the Comptroller of the Currency has named Michael Brickman as deputy comptroller for special supervision.
January 26




