Consumer banking
Consumer banking
-
A number of community banks have removed CEOs, announced plans to sell or reached compromises with dissident shareholders in recent weeks. And proxy season has yet to hit its stride.
January 27 -
Payment processor First Data has agreed to pay JPMorgan Chase (JPM) millions of dollars in order to settle a hiring dispute, The Wall Street Journal reported Monday.
January 27 -
Hanmi Financial (HAFC) in Los Angeles reported dip in quarterly profits because of costs related to its planned acquisition of Central Bancorp.
January 27 -
A new accounting framework could give banks a leg up in small-business lending by making it cheaper for companies to provide accurate financials, but accounting experts are divided over whether the standards are an improvement or risky and confusing.
January 27 -
Waterstone Financial (WSBF) in Wauwatosa, Wis., disclosed that its chief financial officer is resigning.
January 27 -
Ohio Attorney General Mike DeWine's says his office has collected more than $1.3 billion in debts owed to state government offices.
January 27 -
Experienced community bank executives know that failure to manage their banks sensitivity to interest rate risk can cause financial troubles.
January 27 -
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon, who got a 74 percent raise for his work in 2013, stands to reap a separate and bigger payday within months.
January 27 -
VantageSouth Bancshares (VSB) in Raleigh, N.C., and Yadkin Financial (YDKN) in Elkin, N.C., are merging.
January 27 -
CHARLOTTESVILLE, Va. -- Banks are reducing their number of branches to increase efficiency and boost sluggish revenue growth, according to a new report from SNL Financial.
January 27 -
IMGCAP(1)]
January 24 -
The $300 million-asset bank said in a press release Friday that Theodore Biagini, 73, had been chairman since its January 2007 opening.
January 24 -
A group of 33 senators, mostly Democrats, is urging the new head of the Federal Housing Finance Agency to resume funding for two affordable housing trust funds.
January 24 -
A Florida businessman has been ordered to pay roughly $1 million and spend over a year in prison for defrauding the Export-Import Bank of the United States.
January 24 -
The Oklahoma State Banking Department has closed Bank of Union in El Reno.
January 24 -
The Riverwoods, Ill., company is the second large private student lender in two weeks to announce plans to enter the long-moribund refinancing market.
January 24 -
The Mississippi bank's latest acquisition would take it into the Austin, Texas, market, but CEO Dan Rollins refuses to answer questions from investors and analysts about how quickly it would earn back its dilution of tangible book value.
January 24 -
CEO Gary Crosby believes new technology will help the Buffalo, N.Y., company generate revenue more in line with being a large financial institution. But his $250 million investment pledge didn't sit well with investors who were hoping for cost-cutting.
January 24 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
January 24 -
Cathay General Bancorp (CATY) of Los Angeles reported earnings of $31.9 million for the fourth quarter of 2013, an increase of 12.7% from the same quarter a year prior.
January 24





