Consumer banking
Consumer banking
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Investors Bancorp in Short Hills, N.J., reported higher third-quarter earnings, fueled by strong loan growth.
October 31 -
First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.
October 31 -
Megabanks continue to increase their share of personal trust and fiduciary assets, leaving most small banks on the margins of the business. But community banks could stage a comeback by focusing on quality service and the slightly less-rich.
October 31 -
The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.
October 31 -
Mobile money products are taking off in countries including Bangladesh, Kenya and Somaliland and banks have a historic opportunity to get involved in this rapidly advancing market.
October 31 -
Continuing housing problems and increasing economic inequality are bringing illness to low-income neighborhoods. To solve the problem, policymakers and financial industry leaders need to develop programs that address the intersecting issues of health and poverty.
October 31 -
As regulators heighten their scrutiny of Bitcoin businesses, several digital currency supporters are looking for business models that do not subject them to the cumbersome requirements they would face as money services businesses or money transmitters.
October 31 -
New York Private Bank scored a victory this week when it lured two entertainment industry lenders away from Comerica Bank to head up its new film finance division. But the small, New York-based bank is also entering a fiercely competitive field. Here are some of the major players it will be up against.
October 30 -
Green Dot announced Thursday that its revenue and net income rose in the third quarter as the firm found ways to earn more money from its base of 4.6 million active prepaid cards.
October 30 -
Citigroup on Thursday revised its third-quarter earnings downward by $600 million, citing an unexpected spike in legal costs.
October 30 -
Profits at United Bankshares soared in the third quarter thanks largely to a recent acquisition, but credit quality weakened slightly as several commercial borrowers struggled to repay their loans.
October 30 -
Embattled nonbank servicer Ocwen took a $100 million charge for a potential settlement of foreclosure violations and posted a third-quarter loss, but warned the final cost to settle allegations that it backdated foreclosure notices could be higher.
October 30 -
First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.
October 30 -
Jan Estep, president and CEO of Nacha, discusses the organization's revised proposal to speed transactions on the automated clearing house network and how it improves on the plan that member banks voted down two years ago.
October 30 -
Small lenders are hoping a new representation and warranty framework by Fannie Mae and Freddie Mac will offer them alternatives to loan repurchases.
October 30 -
Fenway Summer, a firm started by ex-regulator Raj Date, announced plans Thursday to launch its subprime credit card in the spring of 2015.
October 30 -
Fifth Third Bancorp in Cincinnati plans to remain in the business of providing mezzanine finance, even though a rival investment management company has hired four of its lenders.
October 30 -
If we hope to achieve pay equality and see more women in leadership positions, women need to ask for what they believe they deserve, and companies must change ingrained attitudes toward those who do so.
October 30 -
Park Sterling in Charlotte, N.C. reported lower quarterly earnings as integration costs for a recent acquisition overshadowed solid loan growth.
October 30 -
The Florida company's business plan relies heavily on consolidation, but management hasn't announced a deal in more than two years. CEO Gene Taylor recently told analysts that M&A remains a focus, but the company will no longer discuss the topic until it has something to announce.
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