Consumer banking
Consumer banking
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OFG Bancorp (OFG) in San Juan, Puerto Rico, added two members to its executive team.
July 10 -
Regulatory fines, lawsuits and other scandals have made it difficult to repair banks' damaged public images, 80% of marketing and communications executives from financial firms said in a recent survey. That's not all they are stewing over, either.
July 10 -
A spike in smaller deals, along with improved premiums, is providing hope that buyers and sellers are finally coming together as industry experts forecast several years earlier.
July 10 - New York
Discover President Roger Hochschild, testifying at a government antitrust trial of American Express in federal court in Brooklyn, N.Y., said his company tried to offer low interchange rates in the late 1990s and then gave up because bigger, higher-cost rivals had too much market power.
July 10 -
In the world of official corporate comments, give peer-to-peer lender Lending Club a gold star. A rival firm, Upstart, says that one of its co-founders, Paul Gu, applied to Lending Club for a loan and was offered a high interest rate, but Lending Club challenged that tale in a humorous rebuttal.
July 10 -
Amazon.com is accused in a lawsuit filed Thursday of billing customers millions of dollars in charges racked up unknowingly by children.
July 10 -
Applications for loans to purchase newly constructed homes were down 5% in June from the month before, according to Mortgage Bankers Association data.
July 10 -
The Consumer Financial Protection Bureau has reached a $10 million settlement with payday lender ACE Cash Express over allegations that it used illegal debt collection practices.
July 10 -
Banks approved a greater portion of small-business loan applications in June compared with last year, an indicator of an improving economy, according to a Biz2Credit study issued this week.
July 10 -
Bank of America, Citigroup and Wells Fargo won dismissal of lawsuits brought by the city of Miami claiming they flooded minority neighborhoods with predatory mortgages before the housing bubble burst.
July 10 -
Home Federal Bancorp of Louisiana (HFBL) in Shreveport, La., has hired a new chief financial officer.
July 10 -
The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, according to a new report by the American Bankers Association.
July 10 -
The Texas-based lender, charged with various illegal debt collection tactics, has responded to the action.
July 10 -
Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.
July 10 -
From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.
July 10 -
VSB Bancorp (VSBN) in Staten Island, N.Y., reported higher quarterly profit on lower expenses and higher-yielding securities investments.
July 10 -
Push notifications offer banks and credit card issuers a unique way to communicate with a generation that's skeptical of the financial industry but fond of technology and hungry for deals.
July 10 -
The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, though a key figure rose slightly from the fourth quarter. Meanwhile, payments on home equity lines fell to their lowest level in five years, according to a new ABA report.
July 10 -
Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.
July 9 -
Creative alternatives to overdrafts are not the sole domain of big banks.
July 9





