Consumer banking
Consumer banking
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First Niagara Financial Group (FNFG) in Buffalo, N.Y., has promoted executive John Golding to senior director of small-business banking.
October 21 -
Seacoast Banking Corp. of Florida (SBCF) is shifting to a more heavily stock-based payment structure for its directors.
October 21 -
Massachusetts homeowners facing foreclosure can expect improved protections under regulations filed by the state's Division of Banks that prevent national and state lenders from foreclosing on a property if an application for a loan modification is in process.
October 21 -
The person-to-person payments market is heating up and has banks going head-to-head with a pack of crafty upstarts. At stake is a service that, after numerous false starts, may be on the verge of replacing cash for a wide range of transactions.
October 21 -
Its almost impossible to disclose the exact amount of third-party fees that will be charged for delivering money when those third parties may include a village council or military authority.
October 21 -
A U.S. housing regulator is seeking at least $6 billion from Bank of America Corp. to settle civil claims the firm sold faulty mortgage bonds to government-backed finance companies Fannie Mae and Freddie Mac, according to a person with direct knowledge of the discussions.
October 21 -
Metro Bancorp in Harrisburg, Pa., beat quarterly earnings estimates as its loan book posted strong growth.
October 21 -
Customers want to bank in the most convenient way for them. Banks dont need to close their branches necessarily, but they certainly must transform them to address this fundamental shift in behavior.
October 21 -
JPMorgan Chase's record $13 billion settlement has significant implications for the financial industry, but they may not be what casual observers expect. Following is a guide to the key takeaways from the deal.
October 20 -
JPMorgan Chase & Co. (JPM) has reached a tentative resolution of all civil mortgage-bond related matters with the Department of Justice under which it will pay a record $13 billion, a person familiar with settlement talks said.
October 19 -
Old Second National (OSBC) in Aurora, Ill., has been released from a 2011 consent order issued by the Office of the Comptroller of the Currency.
October 18 -
Enforcement actions relating to anti-money laundering rules and the Bank Secrecy Act were a prominent theme in the Office of the Comptroller of the Currency's monthly round-up of orders issued from late August through September.
October 18 -
New York financial regulator Benjamin Lawsky is urging the state to make it harder for debt collectors to win court judgments using shoddy documentation.
October 18 -
FHFA Acting Director Ed DeMarco has been vague about why the regulator rejected Fannies force-placed proposal, a decision that has drawn sharp criticism from consumer advocates.
October 18 -
The qualified mortgage rule remains the big unknown in the mortgage industry just three months before it's scheduled to become law of the land. We speak with officers of the New York Association of Mortgage Brokers about how they're prepping for this brave new world.
October 18 -
Investors Bancorp (ISBC) in Short Hills, N.J., has added to its board a longtime New York banker with deep roots in Brooklyn.
October 18 -
For a company facing as much public scrutiny as JPMorgan Chase (JPM), even the smallest strategic move can ignite a firestorm of speculation about whats really behind its actions.
October 18 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
October 18 -
SBT Bancorp (SBTB) in Simsbury, Conn., has hired David MacKenzie as its chief mortgage and consumer lending officer.
October 18 -
Multiples are stronger in historical terms than many bankers assume, buyers' stock prices are going up and banks need to get to $25 billion of assets to thrive, says David Olson of River Branch Holdings.
October 18



