Consumer banking
Consumer banking
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TipperCoin is attempting to combine two concepts that have faced strong headwinds in the past year: digital currency and Twitter-based payments.
December 27 -
Cathay General Bancorp in Los Angeles has announced a number of executive changes, including the appointment of Irwin Wong to the newly created position of chief retail administration and regulatory affairs officer.
December 27 -
Susquehanna Bancshares (SUSQ) in Lititz, Pa., has sold 30 branches to a SunTrust Banks (STI) subsidiary and agreed to lease them back.
December 27 -
The Columbus, Ga., company has overcome a series of challenges since 2008, yet it will face more in the coming year. CEO Kessel Stelling, in a Q&A, addresses questions about how it will boost revenue and profits.
December 27 -
Banks need startups to test the waters with new products and services, but startups need banks for their capital, infrastructure, large customer bases, established regulatory relationships and compliance training.
December 27 -
Banking regulators have until Monday to respond to a lawsuit filed by the American Bankers Association over the Volcker Rule.
December 26 -
The board of Carolina Trust Bank (CART) in Lincolnton, N.C., has recruited Jerry Ocheltree, the former leader of First Bancorp (FBNC), to be its next president and chief executive.
December 26 -
Deals involving large community and midsize banks dominated M&A in 2013. The motives and market conditions involved differed dramatically, but all the dealmakers had -- and in some cases still have -- tough questions to answer from regulators, investors and activists.
December 26 -
A breakdown of M&A announcements in the financial services industry for the week ended Dec. 21.
December 26 - Georgia
Buoyed by its success on the West Coast, Operation Hope is partnering with the likes of SunTrust and Popular Community Bank to set up its financial literacy centers in such cities as Memphis, Atlanta, Washington and New York.
December 26 -
Further delays in the M&T/Hudson City deal were a reminder of how hard it is to manage banks in the limbo between the announcements and closings of M&A agreements. Tougher regulatory scrutiny means longer waits and greater risk of cancellation.
December 26 -
Bankers have almost become used to the intense growth of new rules in the five years since the financial crisis, but some see a light at the end of the tunnel as the agencies inch toward the end of Dodd-Frank rulemakings and the economy improves.
December 26 -
Most bankers are reluctant to shrink the size or number of their physical locations, but for the New Jersey lender ConnectOne, "the primary channel is no longer the branch on the corner." CEO Frank Sorrentino III discusses how ConnectOne has expanded its business in the competitive New York market by embracing technology instead of building many branches.
December 26 -
Bitcoin may get the most attention, but several merchants are beginning to accept a digital currency called Litecoin, the second largest digital currency by market capitalization.
December 26 -
Interest rates will rise sooner or later, and banks should be prepared to manage their risk exposures, according to a new report from the Federal Deposit Insurance Corp.
December 26 -
Banc of California suffered from growing pains -- and a big third-quarter loss -- due to rapid expansion. CEO Steven Sugarman must prove to investors in 2014 that his efforts are leading to a stronger company.
December 26 -
It should be obvious that no one in his or her right mind would design the bank regulatory system we have today. No third-world country's bureaucracy is so byzantine.
December 26 -
Target Corp., the second-largest U.S. discount chain, faces almost two dozen lawsuits filed by customers after a computer security breach exposed data on 40 million debit and credit cards.
December 26 -
Fidelity National Financial Inc. agreed to settle Federal Trade Commission charges that its proposed $2.9 billion acquisition of Lender Processing Services Inc. (LPS) would substantially lessen competition by combining the firms title plant assets in several local markets in Oregon.
December 26 -
Consumer statute lawsuits in November were consistent with the trend seen throughout 2013. Fair Debt Collection Practices Act and Fair Credit Reporting Act litigation both declined while Telephone Consumer Protection Act lawsuits expanded.
December 26




