Consumer banking
Consumer banking
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While many still see Bitcoin as an unrealistic payment method, venture capitalists say there are clear use cases for the decentralized cryptocurrency in micropayments, international remittance and charity.
May 20 -
The $208 million-asset bank has filed an application for the change with regulators, it said last week. Executives wanted to get away from the geographically limiting name, though they plan to keep the bank's headquarters in Lowell.
May 20 -
Citigroup (NYSE:C) is replacing Sanjiv Das, the chief executive of its mortgage unit, with private bank head Jane Fraser.
May 20 -
The best-connected bankers in town combine heartfelt community involvement with hard-headed pragmatism about the importance of personal relationships when doing business. American Banker Magazine Editor Heather Landy discusses what others can learn from their examples.
May 20 -
Huntington Bancshares in Columbus, Ohio, has introduced a new MasterCard for business clients as it seeks to expand its card business.
May 20 -
The $2 billion-asset company in Rockville, Conn., said Monday it plans to repurchase as many as 10% of its roughly 2.7 million shares outstanding.
May 20 -
A federal judge has revived a lawsuit that charges JPMorgan Chase (JPM) with misrepresenting the quality of loans that backed securities sold to Belgian bank Dexia.
May 20 -
Bloomberg LP has hired a consulting firm with significant ties to financial regulators to help review its privacy policies.
May 20 -
Shareholders of OptimumBank Holdings (OPHC) have approved a reverse stock split aimed at preserving the Fort Lauderdale, Fla., company's Nasdaq listing.
May 20 -
Tim Pawlenty, the CEO of the Financial Services Roundtable, says the Consumer Financial Protection Bureau has been forging a "constructive" relationship with the banking industry, especially as it dealt with qualified mortgage and remittance rules.
May 20 -
Enterprise Financial Services has completed the purchase of a mortgage business from F&M Bank and Trust.
May 20 -
Crypto Street, a startup thats building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.
May 20 -
New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo (WFC) and Bank of America (BAC), resetting the clock on his plans to sue the banks over 339 alleged servicing violations.
May 17 -
Miguel Blesa, a former executive of Caja Madrid, is in Spanish prison after being accused of arranging to buy Florida's City National Bank at an inflated price.
May 17 -
Pacific Mercantile Bancorp (PMBC) has postponed its annual meeting after it discovered that it awarded too many stock option grants to its former chief executive.
May 17 -
Fulton Financial (FULT) in Lancaster, Pa., announced that its longtime chief financial officer will retire at the end of this year.
May 17 -
The CFPB's revised final rule on remittances made it easier on bankers, but it will still have a significant though unclear impact on international money transfers.
May 17 -
As investor Jay Sidhu and Atlantic Coast Financial intensify their fight over the Florida company's deal to sell to Bond Street Holdings, the market has priced a higher deal value into the stock. Atlantic Coast warns that no such bump-up is coming.
May 17 -
Commerce Bancshares is the latest bank to announce plans to buy a small bank in Oklahoma, which boasts one of the nation's lowest unemployment rates
May 17 -
Brennan Ryan, a partner at Nelson Mullins, ran the equivalent of several marathons with his wife and a friend in the Marathon des Sables to raise money for Hemophilia of Georgia.
May 17




