Consumer banking
Consumer banking
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Companies specializing in single-family rentals say the population of renters is growing and many of these consumers (including a number of former homeowners) are happy to rent.
April 24 -
Complaints filed against debt collectors with the Consumer Financial Protection Bureau have increased, or held steady, in all but one month since the bureau began accepting them last July, according to an analysis.
April 24 -
Legislation introduced in the Senate to amend the Fair Credit Reporting Act is designed to protect consumers from inaccurate credit reports and credit scores.
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported higher quarterly earnings after selling some commercial loans.
April 24 -
Russian President Vladimir Putin said Visa (V) and MasterCard (MA) will lose market share in Russia after they blocked some transactions because of U.S. sanctions on individuals and banks.
April 24 -
Louisiana legislators Wednesday advanced a proposal to limit the number of payday loans a borrower can take out each year, a concession of sorts after a stronger measure failed.
April 24 -
First Niagara Financial Group's (FNFG) first-quarter profit fell 11.7% as job cuts and branch closures increased expenses.
April 24 -
Orrstown Financial Services (ORRF) in Shippensburg, Pa., will cut 32 jobs in its operations and retail branches after implementing technology upgrades.
April 24 -
As state regulators take more interest in Bitcoin, third-party vendors are looking to apply the expertise they built in other markets to digital currency. One such vendor, Strevus, has a background in securitization, which is another volatile and risky market.
April 24 -
The lawsuit claims that Benjamin Weinger of 3-Sigma Value conspired with certain directors to defame the executives before the board fired them earlier this month.
April 23 -
The first-quarter profit at Cardinal Financial Corp. (CFNL) in Tysons Corner, Va., fell 42% from a year earlier, largely due to merger-related expenses.
April 23 -
The Consumer Financial Protection Bureau unveiled a new pilot program on Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.
April 23 -
New York's top banking regulator, Benjamin Lawsky, is suing a Long Island subprime auto lender for allegedly refusing to refund customers money that they were owed and failed to protect confidential customer information.
April 23 -
The state is asking Google, Comcast and other companies to stop running ads for companies that can't lend legally to its residents. Bankers are also being urged to be on the alert for illegal loans to their customers.
April 23 -
How Popular's decision to sell operations in California, Illinois and central Florida fit into the plans of three community banks looking to grow.
April 23 -
A Democratic coalition of nearly two dozen lawmakers is urging the Department of Education to change its rules to better protect students from unfair banking practices at colleges.
April 23 -
PacWest Bancorp (PACW) in Los Angeles reported a surge in quarterly profits as the company produced more loan revenue.
April 23 -
By buying more goods and services from businesses rooted in diverse communities, banks can build bridges with those communities and expand their customer base. And by expanding their networks of potential suppliers, banks can obtain better quality services at lower prices.
April 23 - Texas
Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.
April 23 -
M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.
April 23



