Consumer banking
Consumer banking
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No Debts for Vets campaign supports military men and women suffering from financial hardships.
September 11 -
Microbranches have their merits but banks should be aware that changes in technology and customer preferences could render them obsolete.
September 11 -
A TV reality show cast member, who pleaded created two phony collection agencies to steal millions from consumers and financial institutions, turned himself in Thursday - a day late - to begin an eight-year prison sentence.
September 11 -
Brookline Bancorp in Boston plans to raise $75 million by issuing debt.
September 11 - Florida
If anybody deserves to tell a "Gee, my arms are tired" joke, it's Bob Barnes of Mainstreet Community Bank of Florida, who spent the month of August doing push-ups to raise money for a community group that provides food and shelter for people in need.
September 11 -
First Citizens Banc in Sandusky, Ohio, has agreed to buy TCNB Financial in Dayton, Ohio.
September 11 -
Citizens Financial Group in Providence, R.I., is expanding its banking unit that focuses on the technology sector.
September 11 -
Until we know without doubt with whom we are transacting, the legacy payment networks cannot be made secure for Internet-sourced electronic payments.
September 11 -
New York City Mayor Bill de Blasio has appointed Minerva Tantoco, a former executive at UBS and Bank of America, as the city's chief technology officer.
September 11 -
Cape Bancorp in Cape May Courthouse, N.J., has agreed to buy Colonial Financial Services in Vineland, N.J.
September 11 -
Wells Fargo and Bank of America and JPMorgan Chase are pressing downstream to compete for commercial and industrial loans, and regional and small banks are feeling the pain more than ever.
September 10 -
PennyMac became the third largest correspondent aggregator after banks turned their back on the mortgage origination channel. With banks now increasingly shedding servicing rights, PennyMac is poised to make a similar play in servicing.
September 10 -
NewDominion Bank in Charlotte, N.C., said Wednesday that its chief executive, C. John Hipp, plans to retire by the end of the year. He will be succeeded by Blaine Jackson, the bank's chief financial officer.
September 10 - WIB PH
Ana Patricia Botin, named chairman of Banco Santander SA (SAN), becomes the most powerful woman in European banking, succeeding her father a day after his death.
September 10 -
Interest rate risk. Demanding regulatory and GSE standards. Shifting demographics. These are among the reasons that lenders will have a hard time balancing the call for affordable home loans with legal and market realities.
September 10 -
New regulatory and investor compliance requirements have put a renewed emphasis on quality control measures. But lenders are discovering the additional costs of these efforts are outweighed by the savings from originating fewer defective loans.
September 10 -
Bank of America Corp. trading executives David Moore and David Hartney departed as the firm prepares to eliminate fixed-income and equities jobs worldwide, according to people with knowledge of the moves.
September 10 -
More millennials could become homeowners if banks educate them about private student loan refinancing options and programs that can help them obtain affordable mortgages.
September 10 -
Rep. Maxine Waters, D-Calif., plans to introduce the Fair Credit Reporting Improvement Act of 2014 on Wednesday, a measure to overhaul the 44-year-old law governing how lenders report consumer payments to credit bureaus.
September 10 -
First Business Financial Services in Madison, Wis., has appointed David Papritz as chief financial officer and senior vice president of corporate development.
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