Consumer banking
Consumer banking
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TAMPA, Fla. Grow Financial FCU will open a new branch in Wesley Chapel that will feature interactive tellers.
July 25 -
Investors have been pressuring Hancock Holding (HBHC) in Gulfport, Miss., to speed up cost cuts after its $1.5 billion purchase of Whitney Holding in 2011. Second-quarter results strengthened their case.
July 25 -
Wells Fargo (WFC) said Thursday it will terminate eight mortgage joint ventures including a partnership with HomeServices Lending, an affiliate of Berkshire Hathaway.
July 25 -
New York financial regulator Benjamin Lawsky has proposed rules that would require improved record keeping and overhaul other practices at banks and third-party debt collectors.
July 25 -
More fee income and a better credit picture propelled Susquehanna Bancshares (SUSQ) in Lititz, Pa., in the second quarter.
July 25 -
Bankers have been seeking more leeway on loan workouts with recent graduates struggling to make their payments. The federal banking agencies responded Thursday, but not in the way the industry had hoped.
July 25 -
E-Trade Financial Corp (ETFC) recorded a large loss in the quarter that ended June 30 after management decided to solicit buyers for its market-making unit.
July 25 -
Texas Capital Bancshares (TCBI) in Dallas posted lower quarterly income due to a spike in expenses.
July 25 -
Sen. Bob Corker, R-Tenn., a co-author of housing finance legislation, urged the House and Senate to pass their bills that offer different replacements for Fannie and Freddie. The bills can be reconciled in negotiations later, he said.
July 25 -
Slowly but surely, community banks have been lending out more of the deposits they take in, a healthy sign for the industrys profitability.
July 25 -
Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.
July 25 -
Normally low-profile PacWest CEO Matt Wagner could get a night gig emceeing roasts or appearing at an L.A. comedy store, a sometimes-lighthearted conference call revealed this week.
July 25 -
Citigroup and Wells Fargo are laying off hundreds of mortgage workers, as the boom in home loan refinances starts to taper off. The job cuts are a familiar story for the cyclical mortgage business, but they signal more bad news for the banks that have seen refis as a bright spot amid lackluster sources of revenue.
July 25 -
Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.
July 25 -
The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.
July 25 -
United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.
July 25 -
Our contributors have presented their ideas on how tomorrow's banks can offer customers value and make money for the long haul. Now it's time to share yours.
July 25 -
Bank of America has added two veteran bankers, Clayton Rose and Pierre de Weck, to its board of directors.
July 25 -
Berkshire Hills Bancorp in Pittsfield, Mass., is planning a comprehensive review designed to reduce core operating costs.
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