Consumer banking
Consumer banking
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Amazon.com Inc. is expanding the use of its digital currency, Amazon Coins, to all apps and games in the mobile Amazon Appstore.
February 19 -
Twelve defendants that allegedly operated Web sites enticing consumers with bogus offers of "free $1,000 gift cards" for major retailers have agreed to pay $2.5 million in settlements with the Federal Trade Commission.
February 19 -
The credit card delinquency rate (the ratio of borrowers 90 days or more delinquent on their general purpose credit cards) dropped on a yearly basis from 1.61 percent in Q4 2012 to 1.48 percent in Q4 2013.
February 19 -
Former Jefferies & Co. managing director Jesse Litvak defrauded investors of $2 million using a U.S. bank bailout program to earn illegal profit for the firm, prosecutors said at the start of his trial.
February 19 -
As Credit Suisse Group AG (CSGN) sees it, time has run out on New York Attorney General Eric Schneidermans pursuit of Wall Street banks for mortgage fraud that helped trigger the financial crisis.
February 19 -
JPMorgan Chase & Co. dropped Al-Rajhi Bank, the world's largest Shariah-compliant lender, as a correspondent banking client amid a push to improve risk controls, said two people with direct knowledge of the move.
February 19 -
The Federal Deposit Insurance Corp. is suing eight former officers and directors of Habersham Bank over their role in the failure of the Clarkesville, Ga., lender.
February 18 -
First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.
February 18 -
First Defiance Financial (FDEF) in Defiance, Ohio, has agreed to buy First Community Bank in Columbus, Ohio.
February 18 -
The Minnesota Department of Commerce on Friday appointed the National Credit Union Administration as receiver of $51 million St. Francis Campus Credit Union of Little Falls, Minn.
February 18 -
Regions Financial (RF) and MCG Capital (MCGC) have accused a Dallas securities firm of participating in a fraud that cost the two lenders millions of dollars in losses.
February 18 -
The company's management team is confident it can build off a beachhead, making its case by referencing past forays into Baton Rouge, La., and Houston.
February 18 -
Before regulators go any further, they should open a public dialogue to make sure they don't do a lot more harm by eliminating the few lenders that remain.
February 18 -
PNC Financial Services Group Inc., the second-largest U.S. regional bank, is expanding its commercial banking services in Canada.
February 18 -
The head of a small Atlanta credit union used a negative situation, the Target data breach's impact on her customers, to score PR points. More big banks should think and act this creatively in crises.
February 18 -
The Community Home Lenders Association is concerned the high fees will be more of a drag on home purchase volume as interest rates rise.
February 18 -
U.S. households took on debt at a faster clip in the fourth quarter than at any time in seven years, but credit quality measures continued to improve, according to economic reports issued Tuesday by the Federal Reserve Bank of New York and other sources.
February 18 -
Keith Wilton previously served as an executive vice president at Santa Barbara Bank & Trust, which is now owned by UnionBanCal. Before that, he was president of the specialty finance group at Greater Bay Bancorp, which was sold to Wells Fargo (WFC) in 2007.
February 18 -
An investment firm in North Carolina has raised its stake in Republic First Bancorp (FRBK) in Philadelphia.
February 18


