Consumer banking
Consumer banking
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Quarterly profit at Heartland Financial (HTLF) in Dubuque, Iowa, slipped by 31% from a year earlier as costs rose and gains from loan sales fell.
July 29 -
John Salop of BB&T (BBT) succeeds Fred Rubin, the $875 million-asset Access announced Monday.
July 29 -
American International Group Inc. (AIG) will return funds to customers at its banking unit and shut their accounts amid a retreat from deposit-taking as the Dodd-Frank Act places limits on insurers.
July 29 -
Smart employers know there are no bounds on talent that are defined by race, gender, ethnicity or sexual orientation.
July 29 -
Synovus Financial, which endured a drubbing from the economy while overcoming massive challenges, has a large to-do list if it wants to regain relevance.
July 29 -
Union Bank in San Francisco has teamed up with a pair of children's authors to publish a rhyming book that teaches the importance of saving.
July 29 -
A sharp increase in long-term interest rates caused a slowdown in loan demand in June that overshadowed a much-needed inflection point with pricing.
July 29 -
Bitcoin, a decentralized virtual currency, has been declared illegal in Thailand. Members of the Foreign Exchange Administration and Policy Department made the determination at a meeting on July 29 in the Southeastern Asian country, according to a Bitcoin exchange operator in attendance.
July 29 -
MainSource Financial Group (MSFG) in Greensburg, Ind., has been cleared to redeem the last of the preferred stock it had issued through the Troubled Asset Relief Program.
July 29 -
The Consumer Financial Protection Bureau's crackdown on Castle & Cooke Mortgage is the first in what could be a string of enforcement actions against mortgage originators for failing to follow new loan officer compensation rules.
July 29 -
Several major trends continued in the second quarter: strengthening credit quality, continued debt reduction and a focus on cutting costs. Revenue and loan growth remain a challenge, but signs are emerging that consumers and businesses are ready to spend again, which could bode well for bank earnings in the second half of the year and into 2014. Other potential profit drivers: a surge in wealth management income and, for some banks, a more level playing field.
July 29 -
Pacific Commerce Bank in Los Angeles has satisfied enforcement orders imposed by state regulators, but it still has more work to do.
July 29 -
Trustmark in Jackson, Miss., has bought two branches from SOUTHBank in Huntsville, Ala.
July 29 -
WSFS Financial Corp. in Wilmington, Del., has agreed to buy the mortgage banking company Array Financial Group in Haverford, Pa.
July 29 -
India's consumers have everything they need to move away from cashthey're just waiting for the right catalyst, according to Visa's Sam Shawki.
July 29 -
Social media proves more effective than phone calls or branch visits to spur buying of financial services products, a Gallup survey says. Some bankers remain skeptical.
July 29 -
ING Direct Canada CEO takes part in a "Daily Show" dig at U.S. banks.
July 29 -
Banks add expertise, services for trade finance boom.
July 29 -
This new generation of workers, clients and shareholders, LGBT or not, is going to demand equality.
July 29 -
Banks with $2 billion to $10 billion of assets ranked by three-year average return on equity. Our chart offers an in-depth look at the performance of mid-tiers nationwide, including key metrics like net income, efficiency ratio and tangible equity.
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