Consumer banking
Consumer banking
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Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says Jacob Farber, senior counsel for Perkins Coie LLP.
July 22 -
BancorpSouth has delayed the closing of two bank acquisitions after regulators took issue with the Tupelo, Miss., company's compliance programs.
July 22 -
Washington Trust in Westerly, R.I., rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.
July 21 -
Cardtronics Inc. is set to buy Welch ATM for $160 million, expanding the ATM provider with an additional 26,000 kiosks.
July 21 -
Advocates blame the securitization-financed, institutional-scale landlords for astronomical rents and poor maintenance and call for Congressional hearings and government oversight.
July 21 -
Zions Bancorp. in Salt Lake City reported a spike in quarterly earnings after posting a larger credit to its loan-loss provision and reducing noninterest expenses.
July 21 -
Arrow Financial (AROW) in Glens Falls, N.Y., posted higher quarterly earnings because of loan growth and an improved net interest margin.
July 21 -
Most big banks have reported lower revenue for the second quarter, the downside of trying to beef up loans in a hotly competitive, low-rate lending market. Earnings reports at BB&T and SunTrust shed light on the problems of yield and margin that lie below the surface throughout the industry and threaten growth prospects.
July 21 -
Central Federal in Worthington, Ohio, raised roughly $12 million from a private placement of preferred stock.
July 21 -
In another reshuffling of its mortgage ranks, Bank of America has promoted D. Steve Boland, who joined the company through the 2008 acquisition of Countrywide Financial, to head residential lending.
July 21 -
Investors have never been shy about treating Bitcoin as an investment rather than a spendable currency, but the companies that operate in the digital currency space have had a harder time attracting capital.
July 21 -
Northwest Bancshares in Warren, Pa., saw its second-quarter profit decline due to the deterioration of its commercial loan portfolio and elevated expenses.
July 21 -
Recent calls in Congress to take a closer look at the quasi-governmental Farm Credit System and its regulator have pleased bankers, who want to bring attention to their complaints of unfair competition.
July 21 -
The Consumer Financial Protection Bureau said Monday that it is accepting consumer complaints on prepaid cards and other non-bank products such as credit repair services and pawnshop loans.
July 21 -
Peoples Bancorp (PEBK) in Newton, N.C., reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.
July 21 -
SunTrust Banks is planning to sell $2.1 billion in government-guaranteed, performing residential mortgages this quarter, after selling $325 million last quarter, to meet proposed Basel III regulatory liquidity coverage ratios.
July 21 -
Hampton Roads Bankshares has hired four lenders from Northwest Savings Bank in Baltimore to run its new commercial lending office there.
July 21 -
A U.S. district court on Monday halted a Buffalo, N.Y.-based collection agency from doing business, froze the operation's assets and appointed a temporary receiver to take over the defendants' business pending trial.
July 21 -
Federal regulators hope hackers can help put a stop to automated telemarketing calls such as the well known "Rachel from Cardholder Services."
July 21 -
SunTrust Banks (STI) said second-quarter profit rose on higher revenue from investment banking and the sale of an asset-management unit.
July 21



