Consumer banking
Consumer banking
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Wells Fargo & Co., the largest bank on the U.S. West Coast, named Laurie Nordquist head of personal and small business insurance at its brokerage unit.
December 4 -
Overall U.S. foreclosure activity is down 23% year-to-date through October, but foreclosure activity on homes in the $5 million-plus value range is up 61% from the same time period in 2012, according to RealtyTrac.
December 4 -
Following tectonic shifts in the video rental industry, the very Blockbuster stores that were just yesterday a competitive advantage rather quickly became an albatross. That type of chain of events is one that bankers need to be especially on guard for.
December 4 -
They are inching closer to complying with the $25 billion national settlement but the latest report from monitor Joseph Smith has found that there is still a little more work to be done.
December 4 -
Coinplug, a startup Bitcoin merchant services and trading platform being developed for the Korean market, has received $400,000 in funding from Cupertino, Calif.-based Silverblue Inc.
December 4 -
Theres a reason most Americans still like their local banks, even if they detest the megabanks after the financial crisis.
December 3 -
Dan Benhase will retire next year as head of its wealth management, government and home lending group, the Columbus, Ohio, bank said in a press release Tuesday.
December 3 -
ViewPoint Financial Group is acquiring LegacyTexas in hopes of creating a large community bank solely focused on the greater Dallas-Fort Worth metropolitan area, bucking a 2013 trend in Texas and across the country of using M&A to enter complementary markets.
December 3 -
Frustrated by the lack of new banking charters, two banking trade groups are urging the Federal Deposit Insurance Corp. to relax restrictions on startup institutions.
December 3 -
The Treasury Department was set Tuesday to sell the warrants it held in Cathay General Bancorp (CATY) in Los Angeles.
December 3 -
In the end, we will once again have a system that looks suspiciously like Fannie Mae and Freddie Mac redux, with a housing bubble, a mortgage meltdown and a financial crisis.
December 3 -
The Department of Housing and Urban Development is a rare government agency that funds private enforcement of its own regulations. It does so via its Fair Housing Initiatives Program, which offers grants to nonprofits to carry out the work.
December 3 -
The National Fair Housing Alliance's claims that banks have failed to maintain homes in minority neighborhoods are based on shaky factual and legal ground. However, alliances between the nonprofit and its allies in government may leave bankers with little choice but to settle.
December 3 -
Three men have been found guilty by a federal jury for their roles in a nationwide foreclosure-rescue scheme.
December 3 -
Royal Bank of Scotland Group Plc, Britain's biggest taxpayer-owned lender, apologized for a technical fault that left customers unable to access accounts and offered to compensate those who have lost money.
December 3 -
The demand for information is the latest gambit in Superintendent Benjamin Lawskys attack on the online payday lending industry.
December 3 -
Lingering uncertainty over affairs in Washington should prompt caution among borrowers in coming weeks, bankers say.
December 3 -
Carolina Premier Bank in Charlotte, N.C., is planning to swap its state charter for a national bank charter and change its name.
December 3 -
The Federal Reserve Board has lifted enforcement actions against Parkway Bancorp in Harwood Heights, Ill., and Peoples Inc. in Lawrence, Kan.
December 3 -
Anchor Bancorp Wisconsin (ABCW) returned to profitability in the third quarter, after restructuring its debt through a Chapter 11 bankruptcy and getting $175 million in new capital.
December 3


