Consumer banking
Consumer banking
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Farmers Capital Bank (FFKT) in Frankfort, Ky., is one step closer to being freed from a regulatory order.
January 23 -
Executives at KeyCorp and Fifth Third Bancorp said they are noticing increased consumer confidence, which would translate into more lending opportunities this year.
January 23 -
Paydiant has received a patent covering technology that allows consumers to withdraw cash out of ATMs with their smartphones, a feature that it says should appeal to banks.
January 23 -
Perhaps more community banks should think boldly like TriCo Bancshares. The small California bank's deal to buy another rural lender, North Valley Bancorp, could give it the scale it needs to knock heads with Wells Fargo and B of A, its execs say.
January 23 -
The Target and Neiman Marcus breaches have reignited data security as an issue on Capitol Hill, but many hurdles still stand in the way of legislation.
January 23 -
Flagstar Bancorp (FBC) in Troy, Mich., outstripped earnings estimates by a wide margin as the company received a $410 million tax benefit and slashed its loan-loss provision by 72%.
January 23 -
Columbia Banking System (COLB) in Tacoma, Wash., reported higher quarterly earnings buoyed by last year's purchase of West Coast Bancorp in Lake Oswego, Ore.
January 23 -
Financial institutions that can figure out how to couple an efficient and optimized loan process with personalized service will win in the future.
January 23 -
Coinmkt, a digital currency exchange based in Los Angeles, has opened an account with E-Trade to allow users to deposit U.S. dollars into the exchange as wire transfers from U.S. bank accounts.
January 23 -
Barkocy, research director of Mendon Capital Advisors, salutes his mentors and confesses a soft spot for small banks as he prepares to wrap up a career that lasted nearly five decades.
January 23 -
PacWest Bancorp (PACW) of Los Angeles reported a steep decline in quarterly earnings after it took a large charge tied to stock awards.
January 23 -
National Penn Bancshares (NPBC) in Boyertown, Pa., will close nine branches as it looks to cut costs.
January 23 -
Alemany, who stepped down as head of RBS Citizens Financial Group in October, will serve as a director and audit committee member at business lender CIT Group.
January 23 -
Purchases of previously owned homes climbed in December for the first time in five months as job gains and healthier household balance sheets helped Americans adjust to higher mortgage rates.
January 23 -
Citigroup, which cut unwanted assets 25% last year, should no longer be expected to offer clients unlimited financial services, Chief Executive Officer Michael Corbat said.
January 23 -
BankUnited (BKU) in Miami Lakes, Fla., reported quarterly earnings that were in line with Wall Street expectations.
January 23 -
California's plan to halt payday loan services owned by Indian tribes was dealt a setback this week after a state appeals court ruled tribal sovereign immunity stands in the way.
January 23 -
Susquehanna Bancshares (SUSQ) in Lititz, Pa., reported a profit of $41.3 million in the fourth quarter, down 4.4% from a year earlier.
January 23 -
The latest Equifax National Consumer Credit Trends Report indicates that the automobile lending sector continues to thrive. The total number of new auto loans originated from January through October 2013 was 20.2 million, totaling $405.2 billion and representing the highest origination total for that time in eight years.
January 23 -
First Financial Bancorp (FFBC) in Cincinnati warned that it will take a hit to fourth-quarter earnings because of a $22.4 million valuation adjustment to its indemnification asset from the Federal Deposit Insurance Corp.
January 23


