Consumer banking
Consumer banking
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Debit cardholders would feel more appreciated if their bank voluntarily notified them prior to overdrafts and offered to mail statements in languages other than English.
January 16 -
U.S. foreclosure activity during all of 2013 dropped 26% compared to 2012 to 1.361m properties, its lowest level since 2007 (1.3m filings), according to RealtyTrac U.S. Foreclosure Market Report.
January 16 -
Huntington Bancshares' (HBAN) fourth-quarter profits fell 6% from the same quarter in 2012, to $158 million, due largely to a sharp decline in mortgage banking income.
January 16 -
Goldman Sachs Group Inc., the Wall Street bank with the highest return on equity, reported earnings that beat analysts' estimates as equity-underwriting fees doubled and full-year compensation costs fell to the second- lowest percent of revenue since the firm went public in 1999.
January 16 -
Citigroup (NYSE:C) reported fourth-quarter profit that missed Wall Street estimates as bond trading slumped. The stock fell more than 2.5% in early New York trading.
January 16 -
More than anything I would like good customer service, close attention to my account security and really low fees. Unfortunately, I must admit I almost never get what I want from my bank.
January 16 -
PNC Financial Services Group Inc. (PNC) posted fourth-quarter profit that beat analysts' estimates as the lender set aside less money for soured loans.
January 16 -
Coconut Grove Bank in Miami has appointed a new chief financial officer: Samuel Milne, the former CFO of the struggling U.S. Century Bank.
January 15 -
Duncan Niederauer, the head of the New York Stock Exchange's parent company, this week contemplated the consequences of his future retirement and urged his fellow financial executives to "be humble" about their professional clout.
January 15 -
Malvern Bancorp (MLVF) in suburban Philadelphia announced Wednesday the resignation of president and chief executive Ronald Anderson.
January 15 - New York
Citigroup officials were granted access Wednesday to the Manhattan site of a 30-hour, six-alarm fire that destroyed a two-story branch over the weekend.
January 15 -
In an attempt to combat money laundering, JPMorgan Chase (JPM) is banning anonymous cash deposits into accounts at branches.
January 15 -
Community Bank-Wheaton/Glen Ellyn in Illinois has been released from a cease-and-desist order from the Federal Deposit Insurance Corp. and state regulators.
January 15 -
WASHINGTON Changes in overall loan balances were muted in the last six weeks of 2013, with bankers in some regions reporting minor growth and those in other parts of the country seeing volume remain stagnant, the Federal Reserve Board said Wednesday.
January 15 -
Bank of America's chief executive, Brian Moynihan, has come under withering criticism the past few years from skeptics who doubted he could right the ship. After the company reported solid fourth-quarter profits Wednesday, some former doubters appeared to be altering their views.
January 15 -
Customers Bancorp and CMS called off their merger and are fighting over whether Customers owes a $1 million breakup fee. Emotions run high in these cases, but bank execs need to learn to avoid such distractions to protect long-term growth strategies, experts warn.
January 15 -
The American Bankers Association announced Wednesday that it will drop its request for emergency relief in pending litigation over the Volcker Rule, but declined to stop the suit entirely.
January 15 -
Policymakers say they want to bring "underbanked" groups into the traditional banking system for safer consumer options, small-business growth, a sound banking system and other laudable reasons. But today's rules and aggressive enforcement work against these goals.
January 15 -
The company paid out billions to settle mortgage issue, cut jobs and shed a noncore business. Investors hope those moves will position SunTrust for a solid 2014.
January 15 -
RBS Citizens Financial Group in Providence, R.I., has appointed Tony Di lorio, a former chief financial officer for Deutsche Bank, to its board of directors.
January 15



