Consumer banking
Consumer banking
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Strong loan and asset growth powered the Internet banking company BofI Holding (BOFI) to record profits in the quarter that ended Dec. 31.
February 5 -
Benjamin Lawsky, New York's top financial regulator, has asked more than a dozen banks including Goldman Sachs Group Inc. (GS) and Deutsche Bank AG (DB) for documents related to their currency trading practices
February 5 -
Santander Bank, formerly Sovereign Bank, has launched a rewards-heavy credit card and made other creative retail moves in the U.S. as it tries to establish an identity beyond that of the foreign-owned bank with the tricky name.
February 5 - Texas
BBVA Compass reported a 28% drop in profits in the fourth quarter from the same period in 2012, to $68.8 million, as revenue, interest income and noninterest income all declined.
February 5 -
A little-known dissident investor wants the company to sell. Another shareholder is comfortable giving management them more time to become profitable. A key issue involves the company's deferred-tax asset.
February 5 -
New regulations and tighter underwriting since the financial crisis have slowed down the mortgage process so much that closing a loan within 15 days is something lenders can brag about.
February 5 -
Lynn E. Szymoniak, famous for helping to uncover the robo-signing scandal, is now suing 22 companies for allegedly creating fraudulent documents and submitting tens of thousands of false claims to HUD.
February 5 -
Cascade Bancorp (CACB) in Bend, Ore., reported lower quarterly profits as merger costs drove up noninterest expenses.
February 5 -
Bankers had more optimism about market conditions in December, fueled by accelerated activity in commercial lending and improved loan pricing.
February 5 -
PrivateBancorp (PVTB) in Chicago has continued its trend of hiring former employees of LaSalle Bank, this time hiring a group who will lead the company in advising other banks.
February 5 -
Black Knight Financial Services, formerly known as Lender Processing Services and ServiceLink, conducted loan processing on a record 41 million loans through the end of last year.
February 5 -
MADISON, Wis. -- In a strong sign that the U.S. economy continues to recover, credit union lending outpaced savings in 2013.
February 5 -
Bank of Georgetown in Washington, D.C., is moving its corporate headquarters and opening an adjacent branch.
February 5 -
American International Group Inc. (AIG) and other objectors to Bank of America Corp.'s $8.5 billion settlement with mortgage-bond investors including BlackRock Inc. (BLK) asked a judge to delay entry of a ruling approving the pact.
February 5 -
JPMorgan Chase & Co. (JPM) will pay $614 million to settle claims it improperly approved Federal Housing Administration and Veterans Affairs loans that weren't eligible for insurance from those agencies because they didn't meet underwriting requirements.
February 5 -
A class-action lawsuit in Albuquerque, N.M. claims the collection practices surrounding local red light camera and speed camera tickets violate the federal Telephone Consumer Protection Act.
February 5 -
The Federal Trade Commission testified before Congress Tuesday on the agencys ongoing efforts to promote data security, and reiterated its support for enactment of a strong federal data security and breach notification law.
February 5 -
The Federal Reserve banks signaled Tuesday that they are pushing ahead with their efforts to encourage the construction of a faster nationwide payment system.
February 4 -
House Republican leaders squashed an attempt Tuesday by Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, to force a vote on a Senate-passed bill reforming flood insurance.
February 4


