Consumer banking
Consumer banking
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The Consumer Financial Protection Bureau has taken a sweeping approach in using its authority to propose supervision of the largest nonbank auto lenders, unveiling a plan that would effectively cover 90% of the market.
September 17 - Rhode Island
Citizens Financial Group in Providence, R.I., has upgraded its education refinance loan product to enable college graduates to refinance federal student loans in addition to private student loans.
September 17 -
Prosperity Bancshares and Hancock Holding knew they would lose significant interchange income when they hit the $10 billion mark, but they were not quite ready for the increased regulatory scrutiny that came with that growth.
September 17 -
During a wide-ranging discussion of the economy and regulation, Wells Fargo CEO John Stumpf cited several factors that were harming the housing market. His comments came the same day the White House hosted a meeting on the topic.
September 17 -
Regulators, advocacy groups and attorneys general are paying close attention to how banks market to and serve different racial and economic groups. There are several things banks can do to protect themselves when putting together a strategic plan.
September 17 -
Two online payday loan operations in the Kansas City area have been shut down after the CFPB and FTC charged them with bilking more than $36 million from consumers.
September 17 -
Two federal regulators announced lawsuits on Wednesday against two separate payday lending operations.
September 17 -
Eastern Bank in Boston is raising its profile by installing automated teller machines at travel plazas along some of Massachusetts' most heavily traveled highways.
September 17 -
Park Cities Financial Group announced Wednesday that it is buying CU Bancshares in Dallas and its subsidiary, the $593 million-asset Town North Bank.
September 17 -
The $5.2 billion-asset company intends to use the proceeds from its sale of subordinated notes for general purposes, it said in a press release Wednesday.
September 17 -
Sun Bancorp in Mt. Laurel, N.J., has expanded its senior management team, hiring Patricia Schaubeck as executive vice president and general counsel.
September 17 -
The mobile wallet finally has some real momentum. Will the biggest banks use the opportunity to take business from their smaller peers?
September 17 -
Several key statistics tracked carefully by collection agencies and creditors surprisingly dropped in August, including lawsuits and complaints filed with the Consumer Financial Protection Bureau.
September 17 -
The rise of microbreweries and farm-to-table restaurants is a sign that Americans are increasingly willing to sacrifice scale and endless options to support businesses that cater to local tastes and values.
September 17 -
Citigroup Inc. (C) is diving deeper into derivatives.
September 17 -
New York Attorney General Eric Schneiderman on Tuesday announced the arrest of five people, including three bank tellers, for taking part in an identity theft ring.
September 17 -
Tucker, Albin and Associates Inc. earned a spot on the latest Inc. 5000 list published by Inc. magazine. The list honors growing privately held U.S. companies.
September 17 -
Banks and mortgage lenders may have received too much relief from loan buybacks, putting taxpayers at greater risk for losses, according to a Federal Housing Finance Agency inspector general's report.
September 17 - Minnesota
U.S. Bank in Minneapolis will pay nearly $11,500 to a Native American couple in North Dakota to settle a lending-discrimination complaint with the Department of Housing and Urban Development.
September 16 -
In his first major policy speech as the new housing secretary, Julian Castro voiced support for a Senate bill to reform housing finance and said policymakers should "remove the stigma associated with promoting homeownership."
September 16


