Consumer banking
Consumer banking
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As consolidation heats up, bankers are pushing back against lawsuits challenging a deal's merits. Experts say the law firms pursuing litigation are motivated by fees and often withdraw when bank lawyers use legal maneuvers to lengthen the process.
August 29 -
Bank of America has taken a significant reputational hit as a result of its 2008 acquisition of Countrywide Financial. Could it have mitigated some of the damage with a different branding strategy?
August 29 -
Beer and wine are often used to lower inhibitions about anything new. Why should payment technology be any different? Many companies that manufacture or sell alcohol are at the forefront of payments innovation.
August 29 -
Fannie Mae plans to sell its Washington, D.C., headquarters building within the next three years as it consolidates several office sites into a single location, the mortgage finance company announced Thursday.
August 29 -
A Massachusetts mutual's failure to gain depositor approval for a conversion suggests a way for small towns to push back against the loss of their local banks, according to lawyer Kevin Handly.
August 29 -
Regulatory delays have forced ViewPoint Financial in Plano, Texas, and LegacyTexas Group in Plano to push back the closing date for their planned merger a second time.
August 29 -
Great Western Bancorp in Sioux Falls, S.D., has filed documents for an initial public offering.
August 29 -
College students risk paying hundreds of dollars in fees each year if they overuse campus banking products, according to Consumer Reports.
August 28 -
Unity Bancorp in Clinton, N.J., raised $6.3 million from a rights offering.
August 28 -
Following a prolonged stretch of modest loan growth, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile showed loan balances shooting to a level not seen since 2007.
August 28 -
An examination of the details in the B of A settlement shows many examples of risky behavior, including mortgage applications that were underwritten with "shadow" guidelines that allowed exceptions to approve almost any loan.
August 28 -
Bitcoin wallet and merchant services provider Coinbase has insured the bitcoins it holds against theft and loss.
August 28 -
National Association of Retail Collection Attorneys President Joann Needleman has been appointed to serve on the Consumer Financial Protection Bureaus Consumer Protection Advisory Board.
August 28 -
China Huarong Asset Management is tentatively set to go public later this year.
August 28 -
A judge had ordered Joseph Stilwell to appear in court and respond to a subpoena from the Securities and Exchange Commission tied to a securities fraud investigation.
August 28 -
All banks, regardless of size, must invest more in technology despite shareholder pressure to cut costs, said Victor Nichols, a former CIO at Wells Fargo and current director at Bank of Hawaii.
August 28 -
The Federal Trade Commission announced Thursday the winners of its "Zapping Rachel" robocall contest held earlier this month at the DEF CON 22 hacking conference.
August 28 -
The median price of a residential home sold in July soared from a year ago but there are warning signs.
August 28 -
BNC Bancorp in High Point, N.C., has filed to sell up to $150 million in securities. The $3.7 billion-asset company said in a filing Tuesday that it could issue common and preferred stock, debt securities and other securities from time to time.
August 28 - Alabama
Regions Financial in Birmingham, Ala., should save some money after deciding against filling a soon-to-be-vacant executive post.
August 28




