Consumer banking
Consumer banking
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The Federal Trade Commission cleared Fidelity National's $2.9 billion deal for Lender Processing Services on condition that Fidelity sell a copy of databases serving six Oregon counties to preserve competition.
December 24 -
Huntington Bancshares (HBAN) in Columbus, Ohio, plans to close nine branches after its acquisition of Camco Financial (CAFI) in Cambridge, Ohio.
December 24 -
Anchor Bancorp Wisconsin in Madison plans to return to the Nasdaq through an offering of common stock after it restructured debt by filing for bankruptcy.
December 24 -
The Monetary Authority of Singapore (MAS), the country's central bank, has decided not to interfere with transactions made in the digital currency.
December 24 -
A man dressed in Kris Kringle's trademark snowy beard and red stocking cap robbed a SunTrust Banks (STI) branch in Port Orange, Fla., on Monday, according to multiple news reports.
December 24 -
For the second time in a little over a year, regulators have punished the credit card giant for allegedly using deceptive marketing and unfair billing practices in selling add-on products.
December 24 -
In a wide-ranging interview, Carver Bancorp CEO Deborah Wright says she expects 2014 to see the New York bank target more underbanked customers, expand lending to nonprofits and serve as a beacon of hope to other minority-owned banks.
December 24 -
Three states recently legalized Internet wagering, but so far banks have been reluctant to let gamblers use credit cards to make their bets.
December 24 -
Unregulated entities face a tough road ahead. More banks will align IT risk with enterprise risk management. Banks will place heightened emphasis on their overall risk management vision, and data architecture will emerge as critical competency.
December 24 -
MutualFirst Financial (MFSF) in Muncie, Ind., has exited the Treasury Department's Small Business Lending Fund.
December 24 -
First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.
December 24 -
Underperformance was a matter of perspective this year. A strong stock market provided a lift to all banks with more than $20 billion in assets, though these institutions underperformed relative to the 30% rise in the KBW Bank Stock Index.
December 24 -
MBT Financial (MBTF) in Monroe, Mich., is selling $14 million of common stock to two institutional investors and will sell another $6 million of stock through a rights offering.
December 23 -
Parke Bancorp (PKBK) in Sewell, N.J., has raised roughly $20 million in a private placement.
December 23 -
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. (TGT) during the retailer's data breach.
December 23 -
WASHINGTON - PNC Financial has reached a $35 million settlement with the Consumer Financial Protection Bureau and Department of Justice over allegations that National City Bank - which PNC acquired in 2008 - made higher-priced mortgage loans to minorities.
December 23 -
When Tom Curry was first named as comptroller, there were some doubts about whether he was the right pick to address the industry's problems and the agency's battered reputation. Yet during the past year, Curry has reasserted the OCC's role in banking regulation and appears distinctly more comfortable in his role.
December 23 -
WASHINGTON The American Bankers Association plans to challenge the Volcker Rule in court unless regulators immediately suspend portions of the controversial regulation that restrict certain collateralized debt obligations of trust-preferred securities.
December 23 -
Banks that want to expand via M&A will face a special challenge in 2014. The failed-bank market has quieted, but regulatory costs and other factors that are expected to drive open-bank M&A haven't coalesced quite yet, says bank M&A advisor Randy Dennis.
December 23 -
The number of homes in foreclosure fell sharply in the third quarter as fewer and fewer borrowers fell behind on their mortgages, according to a report released Monday by the Office of the Comptroller of the Currency.
December 23





