Consumer banking
Consumer banking
-
Fidor Bank AG, of Munich, has agreed to help Bitcoin Deutschland GmbH, an exchange operator, to speed trading of bitcoins and comply with regulatory requirements.
July 11 -
F.N.B. Corp. (FNB) in Hermitage, Pa., is establishing a regional headquarters in downtown Cleveland.
July 11 -
The $857 million-asset company tapped Jerry Rexroad to succeed John Russ, a company spokeswoman said on Thursday. Rexroad has been chairman and CEO of affiliate Crescent Mortgage.
July 11 -
Technology is among the biggest expenses for small banks, so it is important for managers to read the fine print before finalizing a contract.
July 11 -
Signature Bank in New York City has lured a group from HSBC as it continues its private-banking push.
July 11 -
Commerce Bancshares in Kansas City, Mo., reported lower quarterly profit as interest income fell and credit costs spiked.
July 11 -
Chemung Financial in Elmira, N.Y., has agreed to buy six branches in upstate New York from Bank of America.
July 11 -
Bank of America's proposed $500 million settlement with a class of investors in residential mortgage-backed securities issued by its Countrywide Financial unit needs more explanation before it can be approved, a judge said.
July 11 -
Miami's foreclosure rate ranked at the top of major U.S. metropolitan areas last month as auctions more than tripled, signaling lenders are preparing to sell a backlog of distressed properties amid rising home prices.
July 11 -
Ann Mehlum, the chief executive of Summit Bank of Eugene, Ore., will step down to lead the U.S. Small Business Administration's loan programs.
July 10 -
Big banks tightened credit for small businesses in June, a month after being their most generous in six years.
July 10 -
The Consumer Financial Protection Bureau made it clear Wednesday that it would be using complaint data gathered from consumers to heavily pursue debt collection firms at every level through both enforcement actions and new rulemakings.
July 10 -
In a setback for credit card issuers and a win for retailers, legislation that would bar merchants from charging customers to pay with plastic has stalled in about 15 states
July 10 -
Crescent Financial Bancshares of Raleigh, N.C., is going to transfer its stock listing from the Nasdaq to the New York Stock Exchange. The company also announced it will change its name to VantageSouth Bancshares.
July 10 -
The number of bank deals and the average sale price fell in the first half, but M&A activity could increase the rest of the year if investors keep bidding up the stocks of bank buyers.
July 10 -
Six regulatory agencies on Wednesday issued a proposal that would exempt three types of higher-priced mortgage loans from appraisal requirements.
July 10 -
CoBiz Financial (COBZ) in Denver plans to enter two new markets Fort Collins and Colorado Springs and create a private-banking division.
July 10 -
Overregulation and elimination of short-term credit alternatives will merely hurt consumers, particularly when criticism of existing products comes with no new solutions.
July 10 -
American Banker asked readers and staff members to recommend books for bankers to take on their summer vacations. Share your own suggestions in the Comments section below.
July 10 -
United Community Financial (UCFC) in Youngstown, Ohio, has been freed from a cease-and-desist order.
July 10




