Consumer banking
Consumer banking
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First Financial Bancorp in Cincinnati has added two directors from recent acquisitions in Columbus, Ohio.
September 16 -
The Federal Housing Finance Agency's plan to restrict membership to the Federal Home Loan Bank System could cost lenders hundreds of billions in mortgage funding, according to the CEO of the Chicago FHLB.
September 16 -
The nation's youngest adults will spend more than $2 trillion in the next several years on rent and mortgage loans, according to a recent report by The Demand Institute.
September 16 -
The Consumer Financial Protection Bureau suit against Corinthian Colleges is the second time the agency has taken public action against a for-profit school rather than a student lender.
September 16 - New York
Three New York bank tellers have been arrested and accused of participating in an identity theft ring, state Attorney General Eric Schneiderman said Tuesday.
September 16 -
Marquette Financial Companies in Scottsdale, Ariz., promoted Larry West to be its new chief executive officer.
September 16 -
Capital Bank Financial shares a problem with other investor-backed companies built to make a lot of bank acquisitions: their stocks trade at low premiums because they are overcapitalized, but they are unable to deploy their capital in M&A deals because of those low stock values.
September 16 -
The state of New York's court system announced new rules Tuesday designed to ban collecting debts that consumers already have paid off, did not incur or where the six-year statute of limitations has expired.
September 16 -
Toronto-Dominion Bank expects to be New York City's third-largest lender by branches within two years, Chief Executive Officer Ed Clark said, surpassing Bank of America Corp.
September 16 -
SunTrust Banks in Atlanta has signed a 25-year deal for the naming rights to the new Atlanta Braves stadium.
September 16 -
WASHINGTON The Consumer Financial Protection Bureau has filed a complaint against Corinthian Colleges alleging the for-profit chain of colleges ran a predatory lending scheme and used unlawful debt collection practices.
September 16 -
1st Capital Bank in Monterey, Calif., has appointed a chief banking officer who will take on most of the responsibilities of its recently departed chief administrative officer.
September 16 -
Institutional investors are betting that Americans still want backyards and porches even if they don't have the credit to buy stand-alone homes of their own, according to equity research analyst Ivy Zelman. She says that's a good thing for renters. "They can professionalize a very antiquated industry and provide the consumer with more choices for a different type of shelter," she says.
September 16 -
Several cities, including Chicago and Atlanta, have seen dramatic rates of improvement in delinquent commercial loans but are still short of the national norm. That leaves them more vulnerable if another downturn occurs in the highly competitive business-lending market.
September 16 -
Bankers can attempt to remedy confusing and ineffective consumer protection laws by assembling a task force of experienced bank attorneys and compliance officers to draft model legislation.
September 16 -
Avidbank Holdings in Palo Alto, Calif., has added Michael Rosinus to its board of directors.
September 16 -
The ability to stop using credit cards and pay cash for purchases can be a sign of financial stability as it proves a persons lifestyle is in line with their income, according to an industry association. Not surprisingly, many people are in the danger zone.
September 16 -
The world's biggest banks are overhauling how they trade currencies to regain the trust of customers and preempt regulators' efforts to force changes on an industry tarnished by allegations of manipulation.
September 16 -
Zions Bancorp. in Salt Lake City is looking to redeem up to $500 million of senior notes.
September 16 -
The House of Representatives approved an update to the Truth in Caller ID Act of 2009 that protects consumers from receiving calls and text messages on cell phones from a phone number that is deliberately falsified.
September 16




