Consumer banking
Consumer banking
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JPMorgan Chase & Co., the largest U.S. bank, said internal stress tests show the company would come through an economic crisis with more than enough capital to stay in business.
September 17 -
A mountain of regulations set to go into effect in January, the Fed's mixed signals and fair lending issues topped the list of concerns at a recent mortgage bankers' risk management conference in Phoenix. American Banker's Kate Berry, who attended the event, reports.
September 17 -
Larry Uhlick will retire as chairman of the Birmingham, Ala., company's bank on Sept. 30. BBVA Compass also said in a press release Monday that Manolo Sanchez, the bank's president and chief executive, will succeed Uhlick.
September 16 -
SB Financial (SBFG) in Defiance, Ohio, has filed a shelf registration that would allow it to raise up to $30 million over the next three years.
September 16 -
The acquisition-minded Heritage Financial and Washington Banking are said to be seeking targets to nearly double their size, motivated in part by the recent Umpqua-Sterling deal.
September 16 -
Activist investor Lawrence Seidman is pressuring OBA Financial Services to find a buyer, saying its poor asset growth, lagging efficiency and "abysmal" returns on average assets and average equity make it necessary.
September 16 -
Bank of America Corp., the second-largest U.S. bank, said it could survive a deep U.S. recession that includes a 21 percent drop in housing prices and an 11.7 percent jobless rate.
September 16 -
J. Michael Cline will retire from his position as president and CEO role at the end of 2013, the $265 million-asset company announced Monday.
September 16 -
First Citizens Banc Corp (FCZA) in Sandusky, Ohio, plans to raise up to $25 million to redeem shares it originally issued as part of the Troubled Asset Relief Program.
September 16 -
The Federal Deposit Insurance Corp. has filed more lawsuits against the directors and officers of failed financial institutions in 2013 than in any year since the recession, according to a Cornerstone Research report released Monday.
September 16 -
Many regulators and pundits overlook the distinct difference between responsible lenders who offer a safe, reliable loan product, and unscrupulous lenders who commit fraudulent acts and scam consumers.
September 16 -
The financial lure of credit cards has become increasingly hard to resist for regional banks that exited the business several years ago.
September 16 -
King Bancshares in in Kingman, Kan., has merged its consumer finance unit, Western Credit, into its Citizens Bank of Kansas.
September 16 -
American Express, Wells Fargo and Citigroup are continuing to sell controversial credit card payment protection and monitoring services, even as the industry braces for a second round of regulatory crackdowns.
September 16 -
OnDeck, a New York-based online lender that makes small-business loans, announced Monday that it has raised $130 million in new debt funding.
September 16 -
Banc of California (BANC) in Irvine has acquired the investment advisory firm Palisades.
September 16 -
James Rohr plans to leave the board of directors of PNC Financial Services (PNC) in April, one year after stepping down as chief executive.
September 16 -
Hampden Bancorp sent a letter to shareholders urging them to reject as board members two candidates proposed by Clover Group, a Dallas hedge fund that controls about 6.8% of Hampden's voting rights.
September 16 -
NewDominion Bank in Charlotte, N.C., has promised to decide on applications for certain commercial loans within three days, or pay $3,000 toward closing, in hopes of speeding its own recovery.
September 16 -
PORTSMOUTH, N.H. Service CU announced it has opened a branch inside the Walmart Supercenter in Hinsdale.
September 15





