Consumer banking
Consumer banking
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First Commonwealth Financial Corp. (FCF) in Indiana, Pa., has launched a new residential mortgage banking division.
July 15 -
WASHINGTON A new analysis by the American Action Forum examines the cumulative costs and paperwork burdens of the Dodd-Frank Act roughly four years after the financial reform law's passage.
July 15 -
The industry is slowly turning to valuations based on earnings rather than tangible book value, raising concerns that banks might feel pressure to make short-term decisions and ill-fated acquisitions.
July 15 -
The Virginia and West Virginia bankers associations have intensified merger discussions and could combine into a single trade group by year's end, according to a report Tuesday from Richmond BizSense.
July 15 - New Jersey
Investors Bancorp (ISBC) in Short Hills, N.J., has broken ground on the first of four new branches it plans to open on Staten Island in New York City.
July 15 -
Add JPMorgan Chase CEO Jamie Dimon as a member of the league of extraordinarily optimistic bank executives, but a figure deep in his bank's quarterly report a high utilization rate for commercial lines of credit gives his predictions more credibility than his rivals'.
July 15 -
At a congressional hearing Tuesday, partisan lawmakers gave wildly divergent interpretations of the payment system crackdown.
July 15 -
Westamerica Bancorporation (WABC) in San Rafael, Calif., reported another decline in quarterly profits as low interest rates continued to reduce yields on loans and investment securities.
July 15 -
The Fed Chair tells lawmakers she's "very positive on the idea of having a community banker appointed to the Board," but against requiring it by legislation.
July 15 -
Washington Federal (WAFD) in Seattle reported increased quarterly earnings after buying dozens of branches from Bank of America (BAC).
July 15 -
The Federal Deposit Insurance Corp. has proposed tailoring its system for pricing banks' insurance premiums to correspond with new Basel capital requirements.
July 15 -
JPMorgan Chase Chairman and CEO Jamie Dimon, recently diagnosed with throat cancer, told analysts that the Wall Street bank has an "exceptional group of executives" who could replace him someday but that that won't be happening any time soon.
July 15 -
American Express (AXP) went on trial last week in Brooklyn over government allegations that its rules for merchants violate antitrust law. The trial, which is expected to continue until September, is merely the latest episode in the credit card industry's long-running antitrust battles. Heres a look back at some of the most important antitrust cases involving the card networks.
July 15 - Texas
Comerica (CMA) in Dallas reported higher earnings for the second quarter thanks heavily to savings on salary-related expenses.
July 15 -
Independent Bank in McKinney, Texas, is planning to raise capital by issuing debt.
July 15 -
"The real question for me is should we be in the FHA business at all," the CEO says.
July 15 -
Shares of Bank of the Ozarks (OZRK) rose in early trading Tuesday after the Little Rock, Ark., company reported a 30% increase in its second-quarter profit.
July 15 -
Commerce Bancshares (CBSH) in Kansas City, Mo., reported higher quarterly earnings because of a slight increase in revenue.
July 15 -
Frederick J. Hanna & Associates responded to a lawsuit filed Monday by the Consumer Financial Protection Bureau.
July 15 -
Australian banks give homeowners greater flexibility with portable loans and an option that lets customers make prepayments on their mortgages and tap into the extra cash later. American banks could increase customer retention and build stronger client relationships by doing the same.
July 15




