Consumer banking
Consumer banking
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Goldman Sachs is in the final stages of negotiating $1.1 billion settlement with the Federal Housing Finance Agency, according to a news report Friday.
August 22 -
WASHINGTON The Consumer Financial Protection Bureau has finalized revisions to its international money transfer rule that will provide certain remittances with a longer exemption.
August 22 -
Members of the San Antonio financial services company can now use its mobile app to conduct verbal or text searches, speak with customer service representatives and conduct increasingly sophisticated transactions. The ultimate goal is an app that learns from customer behavior and acts more human.
August 22 -
Peapack-Gladstone Financial in Bedminster, N.J., could look to raise up to $100 million in coming months.
August 22 -
Who says you can't have it all? Banks like Eagle Bancorp and Puget Sound Bank are adding loans at a fast clip, but that hasn't stopped them from looking for deals. Still, such banks must make sure their deals do not wreck the growth engine they already have.
August 22 -
Lower volume and improved processes are being credited for making mortgage lenders more efficient at getting loans through the origination process
August 22 -
The Federal Trade Commission has asked a federal court to shut down a debt relief and credit repair scam that falsely claimed the federal government funded the program and that it was endorsed by President Obama.
August 22 -
Inc. magazine has ranked Fairport, N.Y.-based collection agency ConServe on its 33rd annual Inc. 500|5000 list, a ranking of the nation's fastest-growing private companies.
August 22 - Rhode Island
Citizens Financial Group in Providence, R.I., has hired Russell Herakovich to lead the national expansion of its health care banking group.
August 22 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
August 22 -
Blue Harbour Group, an activist investor fund, has amassed a 5.7% stake in Investors Bancorp in New Jersey.
August 21 -
The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry for a pilot program looking at whether electronic fillings can improve the mortgage closing process.
August 21 -
Chemical Financial in Midland, Mich., and First National Bank of Omaha in Nebraska have partnered to market and issue a new rewards-based MasterCard.
August 21 -
Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.
August 21 -
Brian Moynihan has been in charge of Bank of America for nearly five years, and he has spent most of that time in lawyer mode, overseeing settlements worth $48 billion. He is generally praised for taking the bank to this point, but now comes the hard part: getting B of A to grow again.
August 21 -
The Consumer Financial Protection Bureau and Federal Trade Commission filed an amicus brief in the case of Hernandez v. Williams, Zinman & Parham, which concerns the interpretation and enforcement of the Fair Debt Collection Practices Act.
August 21 -
Payment Alliance International reached an agreement with SchoolsFirst Federal Credit Union to apply its brand to 109 automated teller machines located in Rite Aid pharmacies throughout Los Angeles.
August 21 -
A generation shift could also create issues for community banks that are in search of fee income.
August 21 -
Bank of America Corp. will pay $245 million to settle U.S. Securities and Exchange Commission allegations that it failed to disclose rising mortgage losses and the risks of bonds tied to home loans.
August 21





