Consumer banking
Consumer banking
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Removing enforcement personnel from exams is just the start to a broad overhaul designed to make the process faster and free up personnel to pursue their own investigations outside of exams, according to Steven Antonakes, the CFPB's No. 2.
October 11 -
A sharper-than-expected decline in third-quarter mortgage revenues at Wells Fargo could spell bad news for other home lenders. The bank eked out another record profit by releasing loan-loss reserves.
October 11 -
Banks are looking to the relative safety and profitability of their wealth management divisions to boost earnings. But with that strategy comes increased regulatory and ethical scrutiny of this business line.
October 11 -
The Fed's Janet Yellen and optimism about the future were hot topics at American Banker's Women in Banking awards dinner on Thursday.
October 11 -
The underlying results of JPMorgan's third quarter were mediocre, even excluding heavy litigation costs. Its loan outlook for the current quarter is unencouraging. Expect a lot of other banks to continue the theme this fall.
October 11 -
Regulators have proposed new rules that would require banks to accept private flood insurance on homes in high-risk areas.
October 11 -
Even though the U.S. payments industry's regulatory environment can be difficult for startups, there is plenty of investment being made in the market for new disruptive technologies.
October 11 -
Payward Ltd., which runs the Kraken digital currency exchange, is the latest virtual-currency provider to partner with Fidor Bank in Germany.
October 11 -
The Office of the Comptroller of the Currency has updated its accounting guidelines to reflect the new regulatory-capital requirements outlined in Basel III set to take effect next year.
October 11 -
The Treasury Department expects to receive roughly $66 million from a recent auction of stakes it owns in seven banks from the Troubled Asset Relief Program.
October 11 -
Bertha Garza, who has used her role at IBC Bank in Brownsville, Texas, to help spread financial literacy, was given American Banker's Community Impact Award, presented for the first time at our annual gala celebrating the industry's most powerful women.
October 11 -
As if rising mortgage rates arent scary enough, some analysts are pointing to a lurking threat to housing: vampire properties.
October 11 -
Bank of the Ozarks posted a 16% rise in quarterly profit after completing an acquisition and reporting strong loan growth.
October 11 -
Webster Financial (WBS) in Waterbury, Conn., reported higher third-quarter profit as commercial loan growth made up for a steep decline in mortgage-banking revenue.
October 11 - WIB PH
'Lady, you got a lot going on,' a customs agent recently told American Banker's Most Powerful Woman in Finance, upon learning she was an American banker working from JPMorgan Chase.
October 11 - WIB PH
Accepting her award as the "most powerful woman in banking" at American Banker's annual awards dinner at the Waldorf Astoria on Thursday, KeyCorp's Beth Mooney anticipated a time when female leaders in the industry are so commonplace that gender is merely an afterthought.
October 11 -
Wells Fargo & Co., the largest U.S. home lender, said third-quarter profit climbed 13 percent to a record as fewer loan defaults and lower expenses helped overcome weakness in mortgage lending.
October 11 -
JPMorgan Chase & Co. reported its first quarterly loss under Chief Executive Officer Jamie Dimon after taking a $7.2 billion charge for legal expenses.
October 11 -
SunTrust Banks (STI) has agreed to pay $1.5 billion to resolve claims of shoddy mortgage lending, servicing and foreclosure practices.
October 10 -
WEST JORDAN, Utah Mountain America CU this week opened a new branch in Pocatello, its fifth in Idaho and 77th in its five Western states field of membership.
October 10



