Consumer banking
Consumer banking
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Add hiring a new chief financial officer to Doral Financial's growing list of headaches. The $8 billion-asset San Juan, Puerto Rico, company disclosed in a regulatory filing Friday that Nancy Reinhard will resign as acting CFO and principal accounting officer.
January 16 -
The Federal Trade Commission announced its largest-ever payday lending settlement on Friday, as two companies agreed to pay $21 million and waive another $285 million in charges that were never collected from customers.
January 16 -
Sunflower Financial in Salina, Kan., has canceled its planned purchase of First Western Financial in Denver. The $1.7 billion-asset Sunflower had agreed in September to buy the $688 million-asset First Financial.
January 16 -
The past year was a bit of slog for most regional banks and, if fourth-quarter results are any indication of what's ahead, then 2015 isn't looking much better.
January 16 -
New York Attorney General Eric Schneiderman is proposing legislation to strengthen data security laws to protect consumers from having their personal data stolen.
January 16 -
Ten financial institutions, including four banks, will accept the new IDNYC card as a primary form of identification for new accounts. Community advocates hope the move will help more immigrants and unbanked individuals use banking products.
January 16 -
WASHINGTON The Federal Reserve announced the formation of a federal advisory council to examine and advise the board on matters related to community and consumer affairs.
January 16 -
Franklin Financial Network in Franklin, Tenn., has filed for a $50 million initial public offering.
January 16 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
January 16 -
Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.
January 16 -
In a newly created role, 14-year company veteran Andres Wolberg-Stok is helping Citigroup take its consumer technologies in new directions with APIs, wearables, the Internet of things and biometric authentication.
January 16 -
The big oil lender faces a classic dilemma: extend more credit to energy companies in need of more capital, or lock down to guard against a prolonged downturn.
January 16 -
The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.
January 16 -
PrivateBancorp in Chicago reported higher quarterly profit as strong loan growth offset lower yields.
January 16 -
Bank of the Ozarks in Little Rock, Ark., reported a higher profit in the fourth quarter behind record net interest income.
January 16 -
Mortgages for Gulf War veterans have more than tripled since 2008, which along with a spirited outreach program and the post-crisis credit squeeze, has helped fuel a steady increase in Department of Veterans Affairs lending.
January 16 -
The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.
January 16 -
VantageScore Solutions LLC announced Thursday that the results of a consumer survey found Millennials remain cautious about key life events years after the recession.
January 16 -
In a record Federal Trade Commission settlement involving payday lenders, two companies will pay $21 million to resolve charges that they violated the law by charging consumers undisclosed and inflated fees.
January 16 -
The former head of the bankrupt Mt. Gox Co. bitcoin exchange was originally believed by U.S. investigators to be the secret mastermind behind the Silk Road online drug marketplace, an agent who infiltrated the website told jurors at the trial of the man prosecutors now accuse of running it.
January 16



