Consumer banking
Consumer banking
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Mortgage applications, including requests for refinancings and for home purchase loans, rose from the previous week for the week ended April 11.
April 16 -
The Chicago-area company has shown a willingness to pursue small branch deals and expand in nearby Wisconsin as it looks for liquidity and lending opportunities.
April 16 -
As banks increasingly compete to manage their most affluent customers' assets, some financial companies are using savvy strategies to win a share of this lucrative business. American Banker reporters discuss the tactics some banks are using to stand out from the wealth-management crowd.
April 16 -
The shut down comes three years after a Canadian company purchased the business.
April 16 -
A federal worker union is battling a bipartisan push in Congress to restart the Internal Revenue Service's controversial use of private collection agencies to pursue tax debts.
April 16 -
The moves are part of a recent trend of banks exiting businesses that they believe have fallen out of favor with regulators.
April 16 -
Community Bankers Trust (ESXB) in Richmond, Va., has named a new chief credit officer for its Essex Bank
April 16 -
U.S. banks today are safer, sounder, more secure, transparent, accountable and are performing their critical roles in the global economy.
April 16 -
Huntington Bancshares (HBAN) in the first quarter padded its litigation reserves and recorded one-time expenses related to a recent acquisition.
April 16 -
Mt. Gox Co., the bitcoin exchange that collapsed in February, gave up on a plan to revive itself, dealing a setback to creditors seeking the recovery of hundreds of millions of dollars in the virtual currency.
April 16 -
Bank of America, the second- biggest U.S. lender, swung to a surprise loss as the company booked $6 billion of costs tied to mortgage disputes.
April 16 -
U.S. Bancorp, the nation's biggest regional lender, posted a first-quarter profit that matched analysts' estimates as mortgage-banking revenue declined.
April 16 -
PNC Financial Services Group Inc., the second-biggest U.S. regional bank, said profit rose 6.5 percent, beating analysts' estimates, as expenses declined and the company set aside fewer provisions for soured loans.
April 16 -
Banks from New Jersey to California are going public with offerings ranging from $23 million to $223 million. The banks will use the proceeds to do everything from buy other institutions to retire debt. Following is a look.
April 16 -
National consumer credit default rates fell in March to the lowest post-recession rate, according to data released Tuesday.
April 16 -
Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing documents. The agency is asking the top servicers for an inventory of loans with missing documents.
April 15 -
Unity Bancorp (UNTY) in Clinton, N.J., plans to raise up to $6 million through a rights offering.
April 15 -
The wealth management units of Wells Fargo and Bank of the West are looking to expand their asset-management businesses by entering the lucrative and competitive New York market. Both banks are opening new offices in Manhattan this year.
April 15 -
Robert Wilmers, chairman and CEO of M&T Bank, told shareholders at its annual meeting that times are tough for banking and that the continued delay of its Hudson City deal, and associated high costs, are disappointing. But he insisted that the deal is still worth doing.
April 15 -
National Penn Bancshares (NPBC) in Allentown, Pa., dropped out of the auction Tuesday afternoon after U.S. Bankruptcy Court Judge David Rice agreed to reopen bidding for First Mariner.
April 15





