Consumer banking
Consumer banking
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Next year could be a make or break moment for John Taylor, who was hired as CEO of a Kentucky company with one of the largest remaining Tarp balances and massive credit issues.
December 23 -
The Volcker Rule may be finalized, but bankers still face many looming questions about the final shape of the Dodd-Frank financial reform law and other pending financial regulations. American Banker editors discuss what to expect in 2014 from regulators including the Federal Reserve, the Federal Housing Finance Agency and the Consumer Financial Protection Bureau.
December 23 -
A former president and chief executive of the Pennsylvania Bankers Association has joined the board of DNB Financial (DNBF) in Downingtown, Pa.
December 23 -
Before consigning millions of Americans to lives of perpetual tenancy, we need observers on all sides of the housing reform debate to put aside rhetoric and focus on market realities.
December 23 -
Valley National Bank (VLY) in Wayne, N.J., is joining the trend toward self-service banking with a plan to upgrade the technology at most of its 204 branches over the next five years.
December 23 -
CMS Bancorp (CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.
December 23 -
The Armory Bitcoin Wallet, a security and payments application, has changed its technology to require less computer memory but it's still a product for power users
December 23 -
The KBW Bank Index continued its upward trajectory in 2013, again outperforming the S&P 500 (all returns are through Dec. 12). This year, many of the top performing bank stocks among those with $20 billion or more in assets were large community banks rather than the biggest institutions.
December 23 -
JPMorgan Chase is strictly limiting the debit card use of shoppers who used Chase debit cards at Target during the retailer's recent data breach, which took place November 27 to December 15.
December 22 -
Representative Mel Watt, who will leave Congress to become regulator of Fannie Mae and Freddie Mac, said he will delay a planned increase in the fees the U.S.-owned companies charge to guarantee mortgages.
December 21 -
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Investors Bancorp (ISBC) in Short Hills, N.J., plans to issue up to $2.5 billion of stock as part of its conversion from a mutual to a stock holding company.
December 20 -
Pacific Financial (PFLC) in Aberdeen, Wash., has named a new leader for its bank.
December 20 -
By assessing nearly $100 million in fines and restitution against Ally Financial on Friday, regulators sent a warning shot to all indirect auto lenders that they will be severely penalized if partnering dealerships charge higher interest rates or fees to minorities.
December 20 -
Team Capital Bank in Bethlehem, Pa., has done something few startups of the last decade could boast of: it survived the financial crisis and just sold for $122 million.
December 20 -
The Office of the Comptroller of the Currency has taken disciplinary action against the banking software provider Jack Henry & Associates for failing to get a processing center damaged by Hurricane Sandy up and running in a timely manner.
December 20 -
Palmetto Bancshares (PLMT) in Greenville, S.C., is combining its chairman and chief executive roles.
December 20 -
American National Bankshares (AMNB) in Danville, Va., has tapped one of its executives to become chief banking officer.
December 20 -
Most of the bankers highlighted a year ago made headlines, took bold steps or had successful years. As expected, some bought other banks, rebranded or repositioned their companies for the future.
December 20 -
A recap of the informed opinions (and discussions they generated) on BankThink this week.
December 20




