Consumer banking
Consumer banking
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Governor Andrew Cuomo and Attorney General Eric Schneiderman agreed to split the first $163 million of New York's $613 million share of a settlement with JPMorgan Chase (JPM) over mortgage bond sales, according to their offices.
January 21 -
Ohio Attorney General Mike DeWine's office received more than 2,400 collection complaints in 2013, with hundreds of those complaints involving potential scams.
January 20 -
On Friday the Office of the Comptroller of the Currency closed the $61.7 million-asset DuPage National Bank in West Chicago, Ill. Its failure is expected to cost the Deposit Insurance Fund $1.6 million.
January 17 -
The Office of the Comptroller of the Currency took action against bank technology providers BSERV and Fundtech in December, ordering the companies to ensure that their services effectively monitor risk.
January 17 -
Old Second Bancorp (OSBC) in Aurora, Ill., is set to begin a stock offering that could help it dig out of a deep capital hole.
January 17 -
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January 17 -
The Buffalo, N.Y., company still has some goodwill from analysts based on its reputation as a skilled bank buyer, but it has become the poster child for the risks associated with M&A in a tough regulatory environment.
January 17 -
Wells Fargo (WFC), U.S. Bancorp (USB), Fifth Third Bancorp (FITB) and Guaranty Bank of Wisconsin all pulled the plug Friday on a controversial lending product that competes with payday loans.
January 17 -
A recap of the informed opinions (and the discussions they generated) this week on BankThink.
January 17 -
As with any new technology, mobile wallets must earn the trust of the consumers and merchants who would use them. Many mobile payment apps may attempt to beef up security with password and PIN protection, but a few have had their security scrutinized very publicly.
January 17 -
Executives at a number of midsize institutions were excited about the prospects of booking more commercial loans in 2014.
January 17 -
The head of NorthStar Bank in Tampa, Fla., has stepped down.
January 17 -
Westbury Bancorp (WBB) in West Bend, Wis., has appointed Greg Remus chief operating officer.
January 17 -
Citigroup is cutting 950 jobs in default mortgage servicing after selling some business to Fannie Mae.
January 17 -
EBay Inc. has written a new policy on virtual currency sales, set to go into effect for U.K. customers in early February.
January 17 -
Fee revenue and improved asset quality helped BancFirst (BANF) in Oklahoma City beat fourth-quarter earnings forecasts.
January 17 -
Farmers & Merchants Bank of Long Beach (FMBL) in California posted higher quarterly profits as lending grew.
January 17 -
Bank of the Ozarks (OZRK) in Little Rock, Ark., got an earnings boost ahead of its acquisition of a Houston bank.
January 17 -
Voice activation could give consumers increased visibility into their accounts and keep them connected to their bank.
January 17 -
Bond Street Holdings in Fort Lauderdale, Fla., seems to have dodged the curse of the canceled bank deal.
January 17



