Consumer banking
Consumer banking
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Bank of New York Mellon, the custody bank under pressure from activist investor Trian Fund Management to lift its share price, declined the most in nine months after reporting fourth-quarter earnings that missed analysts' estimates.
January 23 -
State Street said fourth-quarter profit fell 3.7% as expenses rose faster than revenue.
January 23 -
Forget the machines. Even forget the software. Diebold's business plan for the future as touted in a video the company screened at 50 movie houses around the world centers on its collaboration with banks and others on innovation.
January 23 -
The new year represents a chance for credit unions to take a close look at their branch networks and identify areas to cut costs as well as look for opportunities for growth.
January 23 -
The focus on raising the $50 billion-asset threshold determining which banks face the toughest provisions is highlighting interest in letting more community banks enjoy exemptions written into the law.
January 23 -
First Niagara reported a fourth-quarter profit, but the more interesting question was why the Buffalo, N.Y., bank won't fully explain the customer problem that has forced it to set aside more than $20 million.
January 23 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
January 23 -
Complaints filed with the Consumer Financial Protection Bureau in 2014 totaled 39,185, a number that should rise by a few hundred as the totals are refined in the coming weeks.
January 23 -
Independent Bank Corp. of Ionia, Mich., is consolidating 14 of its 74 Michigan branches.
January 23 -
Overall consumer litigation against collection agencies and creditors fell in 2014 thanks to a third straight year seeing a decline in Fair Debt Collection Practices Act cases.
January 23 -
Prosperity Bancshares in Houston posted higher quarterly profit despite investor concern about the company's energy loans.
January 23 -
A small Georgia lender has reached a deal to avoid a threatened involuntary bankruptcy, though the resolution is likely to leave key legal questions on trust-preferred debt and bankruptcy unresolved.
January 23 -
Huntingdon Valley Bank in Huntingdon Valley, Pa., and Victory Bank in Limerick, Pa., have called off a planned merger of equals.
January 23 -
JPMorgan Chase and Goldman Sachs boosted the cash portion of their leaders' bonuses for the first time since 2010, as a surge in U.S. bank stocks slows.
January 23 -
First Horizon National in Memphis reported lower quarterly profits that were largely due to a dip in fee-based income.
January 23 -
Former Miss America Bess Myerson helped overhaul Citi's consumer loan contracts in the 1970s. Then she turned her attention to cleaning up the bank's collections unit.
January 23 -
First Citizens Banc Corp in Sandusky, Ohio, is changing its name.
January 23 -
Associated Banc-Corp in Wisconsin reported a modest increase in quarterly earnings, and its CEO said it is actively seeking acquisition targets.
January 22 -
ServisFirst Bancshares in Birmingham, Ala., which went public last spring, reported a 27% increase in earnings, to $15 million, in the fourth quarter. It also announced plans to expand into South Carolina.
January 22 -
Independent Bank in Rockland, Mass., reported higher quarterly profits, on lower expenses and revenue increases.
January 22


