Consumer banking
Consumer banking
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A Maine Supreme Court justice has ordered the withdrawal of a public reprimand of a lawyer involved in a mortgage foreclosure scandal related to robo-signing documents.
January 20 -
WASHINGTON The Supreme Court has declined to take up an appeal from retailers seeking to toughen Federal Reserve Board restrictions on debit interchange fees charged by financial institutions.
January 20 -
The S&P/Experian Consumer Credit Default Indices, a measure of changes in consumer credit defaults, continued to show an increase in default rates through December, according to data released Tuesday by S&P Dow Jones Indices and Experian.
January 20 -
The FTC is sending more than $700,000 in refund checks to people who lost money in a "Rachel from Cardholder Services" scheme that promised to reduce the interest rate on consumers' credit cards for an upfront fee.
January 20 -
Bankwell Financial Group in New Canaan, Conn., has hired a new chief strategy officer.
January 20 -
M&T Bank in Buffalo, N.Y., reported a higher quarterly profit as lower expenses offset tighter margins.
January 20 -
Regions Financial in Birmingham, Ala., reported a lower fourth-quarter profit because interest rates squeezed lending margins and mortgage-related revenue fell.
January 20 -
A Wall Street lobbying group said President Barack Obama's plan to raise $110 billion over the next decade through a new tax on financial companies could stifle economic growth and make banks less likely to lend.
January 20 -
Many community banks will soon have to replace outdated technology expenses that will hit them in an ongoing environment of compressed net interest margins, increasing compliance costs and higher capital requirements.
January 19 -
The Office of the Comptroller of the Currency closed First National Bank of Crestview in Florida on Friday, marking this year's first bank failure.
January 16 -
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Associated Banc-Corp in Green Bay, Wis., has agreed to buy Ahmann & Martin, a benefits consulting firm in Edina, Minn.
January 16 -
The Ocwen spinoff Altisource Portfolio Services delivered notices to more than 800 employees and hundreds of contractors this week as part of the company's scramble to reassure investors.
January 16 -
CMS Bancorp in White Plains, N.Y., is working through a material weakness unearthed by a recent audit.
January 16 -
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


