Consumer banking
Consumer banking
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JPMorgan Chase Chief Executive Officer Jamie Dimon sees challenges from companies such as Facebook and Google as they seek to provide online banking and money-sending services.
May 6 -
Read alone, a recent report from the CFPB might suggest that arbitration clauses in banking contracts could disadvantage consumers, but it was only a preliminary look that failed to paint a complete picture of arbitration's costs and benefits.
May 6 -
The Texas Attorney General's office reports that a new scam involving people pretending to be investigators with the office has victimized at least 200 people, each who recently applied online for a small loan.
May 6 -
UMB Financial (UMBF) in Kansas City, Mo., has agreed to buy the corporate trust business of RCB Bank in Claremore, Okla.
May 6 -
Prices for loans underlying commercial mortgage-backed securities held steady over the past month, according to DebtX, which operates an online marketplace for loan sales.
May 5 -
First Mid-Illinois Bancshares (FMBH) in Mattoon, Ill., has received approval from the Nasdaq Stock Market to list its common stock on the Nasdaq Global Market.
May 5 -
Green Bancorp in Houston has agreed to buy SP Bancorp (SPBC) in Plano, Texas.
May 5 -
First American Bank in Elk Grove Village, Ill., has agreed to buy Bank of Coral Gables in Florida.
May 5 -
Bankers are split on whether consumers' use of credit cards will stabilize over the next two years and if their level of card debt may eventually return to pre-financial crisis levels, according to a report released Monday by the Federal Reserve Board.
May 5 -
Union Bank has entered into a strategic alliance with Lending Club, a peer-to peer lending marketplace provider that connects creditworthy borrowers with investors.
May 5 -
Regulators are seeking to limit risky behavior. Shareholders are intent on paying for performance. The result in 2013 was modest gains for bank CEOs and a shift to long-term payouts.
May 5 -
First National Bank of Southern California announced Monday that it is acquiring First Mountain Bank in Big Bear Lake, Calif., in a deal that would roughly double its size.
May 5 -
Fidor Bank AG is the first bank to integrate the real-time global settlement protocol provided by Ripple Labs.
May 5 -
Employee turnover remains high in the banking industry. Financial institutions are trying several different tactics to keep intellectual property from leaving when an employee jumps ship.
May 5 -
With nearly a third of bank tellers on public assistance nationwide, labor advocates are pushing banks to increase pay for workers at the low end of the spectrum.
May 5 -
The company, which agreed to buy Continental Bank in Pennsylvania, has the "firepower" for more deals as it looks to build the size to match its existing cost structure, CEO Ted Peters says.
May 5 -
Banking is dominated by leaders who are straight, white and male, despite copious evidence that greater diversity at senior management levels improves companies' performance. American Banker editors discuss why diversity efforts are falling short at banks and regulatory agencies, and what executives can do to fix these problems.
May 5 -
Yes, subprime mortgage lending is picking up. But industry experts believe regulatory reform and new documentation requirements will prevent bubble-era style risk layering from re-emerging.
May 5 -
Doral Financial (DRL) in San Juan, Puerto Rico, is developing a revised capital plan to address concerns from the Federal Deposit Insurance Corp.
May 5



