Consumer banking
Consumer banking
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Canadian payday loan provider Cash Store Financial Services Inc. is seeking protection from creditors as it faces liquidity woes resulting from the suspension of its right to offer loans in the province of Ontario.
April 15 -
The Social Security Administration announced Monday the suspension of a program to collect more than 10-year-old taxpayers' debts by seizing tax refunds.
April 15 -
Charlie Shrem, a prominent Bitcoin evangelist, was indicted for allegedly trying to launder more than $1 million in the virtual currency in a case tied to the illicit online bazaar Silk Road.
April 14 -
Heritage Bancorp in Pearland, Texas, has agreed to buy Nixon State Bank in Nixon, Texas.
April 14 -
The federal push to stamp out illegal online lending is having unintended negative consequences, an umbrella group for state banking regulators says.
April 14 -
CB Financial Services (CBFV) in Carmichaels, Pa., has agreed to buy FedFirst Financial (FFCO) in Monessen, Pa.
April 14 -
Behind Citigroup's first-quarter results that momentarily pleased investors are darker signs: rising legal and restructuring costs that take away from efforts to reenergize revenue.
April 14 -
Joseph Stilwell used a photo of the then-chairman of Harvard Illinois snoozing at last year's annual meeting as part of his fight for representation on the board. Harvard's board accused Stilwell of waging his battle "in the gutter."
April 14 -
The company, which was an active acquirer before the financial crisis, has returned to its roots after a long hiatus brought on by the downturn and integration problems. Archie Brown, who became CEO in 2008, says the company is taking a more disciplined approach this time.
April 14 -
First Mariner's holding company, First Mariner Bancorp (FMAR), filed for Chapter 11 bankruptcy in February as part of a $100 million recapitalization plan.
April 14 -
The Minnesota-based agency agreed to pay a civil penalty in North Carolina to refund processing fees customers in the state submitted along with monthly payments.
April 14 - New York
M&T Bank (MTB) in Buffalo reported lower earnings in the first quarter as customer activity dwindled in the first two months of 2014 and costs associated with regulatory requirements grew.
April 14 -
U.S. Bank has agreed to buy Ally Bank's document-custodian business.
April 14 -
Kenneth Lehman is getting ready to increase his stake in Liberty Bell Bank (LBBB) in Marlton, N.J.
April 14 -
Navient, a company formed from Sallie Mae, will launch next month and take over Sallie Mae's loan management and asset recovery business.
April 14 -
The odds are stacked against anyone who uses the telephone to make a living. Before you get a word in, people are quoting bits and pieces of anti-collection propaganda - and they often are misinformed.
April 13 -
The Mortgage Bankers Association lowered its 2014 origination estimate after a disappointing March report on home sales.
April 11 -
Mobile wallets and mobile point of sale systems have tried many tactics to win over merchants by cutting costs. Some vendors have been extremely inventive in how they push cheaper payment options.
April 11 -
The Export-Import Bank of the United States and the Eastern and Southern African Trade and Development Bank signed a $100 million memorandum of understanding that promotes American businesses operating in the region.
April 11 -
The San Francisco bank is mainly counting on organic loan growth and improved asset quality to drive future profits, but it would also be open to acquisitions, especially in the credit card in wealth management businesses.
April 11





