Consumer banking
Consumer banking
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Banks and regulators aren't the best judges of what constitutes a clear and transparent disclosure form. The CFPB could fix the problem by holding a contest that asks professional designers to create models that convey important information in a way that consumers can understand.
November 24 -
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November 21 -
Millennial women are making great strides in the workforce, but still "channel their inner ninth grade insecure freshman when it comes to financial matters," according to Fidelity's head of personal investing.
November 21 -
MidWestOne Financial Group in Iowa City has agreed to buy Central Bancshares in Golden Valley, Minn.
November 21 -
The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology infrastructure. But industry groups object to the new fee being proposed to generate the necessary funding.
November 21 -
Giving roughly 5 million immigrants at least temporary relief from deportation could conceivably ease lenders' and borrowers' qualms about mortgages to undocumented workers who qualify with individual taxpayer identification numbers.
November 21 -
MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state.
November 21 -
The acquisition of CapitalSource has pushed PacWest's capital from full to overflowing. With diminished interest in M&A, the Los Angeles company recently doubled its dividend, while analysts expect management to award a special payout in the future.
November 21 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
November 21 -
The growing influence of nonbank companies poses a danger to the financial system, and perhaps a national security threat, BB&T's Kelly King says during a wide-ranging conversation among big-bank CEOs.
November 21 - Rhode Island
Citizens Financial Group in Providence, R.I., has expanded its student loan-refinancing program to include more options for shorter loan terms.
November 21 -
The defendants in a federal court action brought by the Federal Trade Commission agreed Thursday to stop running an advance fee recovery scheme for the duration of the ongoing litigation.
November 21 -
WASHINGTON Promontory Financial Group announced Friday that it had given financial awards to two small institutions that are expanding banking access to the underbanked.
November 21 -
Banks that do business with the marijuana industry should follow guidance from the Financial Crimes Enforcement Network in order to navigate the conflict between state and federal laws, a top-ranking official from the Office of the Comptroller of the Currency said Thursday.
November 21 -
BB&T's chief executive on Thursday warned his peers about the increasing risks being taken in commercial lending.
November 21 -
Consumer activists are targeting the use of arbitration clauses at Wells Fargo and PNC Financial Services Group.
November 20 -
Fannie Mae and Freddie Mac updated their representation and warranties frameworks in a move designed to encourage mortgage lenders to ease credit restrictions by limiting repurchase requirements.
November 20 -
The Consumer Financial Protection Bureau issued a proposal Thursday that would institute new foreclosure protections for consumers after the agency found its previous mortgage rules didn't go far enough.
November 20 -
The moves by two of the industrys biggest players come as regulators are pressuring lenders to offer more relief to distressed borrowers.
November 20 -
Fraternity Community Bancorp in Baltimore has agreed to add a director recommended by activist investor Joseph Stilwell.
November 20


