Consumer banking
Consumer banking
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Consumer bankers are reluctant to start charging customers new fees for existing products. But Capital One's Jonathan Witter pointed to the flexibility banks offers in pricing business-banking products as an example of how they could generate more fee revenue on the consumer side.
March 18 -
Heritage Financial is paying 1.5 times tangible book value for Valley Community, but the markets welcomed the deal because Heritage expects to slash the seller's expenses as much as 50% because of market overlaps.
March 18 -
Banks, thrifts and credit unions brought in $32 billion in overdraft revenue last year, a 1% increase from 2011, according a new study.
March 18 -
HSBC agreed to sell its Canadian store card unit to Toronto-Dominion Bank as it closes its consumer-finance business in the country.
March 18 -
U.S. Bancorp (USB) has agreed to purchase Deutsche Bank's (DB) municipal bond trustee business.
March 18 -
A number of bank chief executives have ties to teams in this year's NCAA men's basketball tournament. Here are some prominent examples.
March 18 -
Bankers who were at last week's convention are considering ways to expand social media use and offer new products that will not run afoul of regulators.
March 18 -
Capital requirements for community banks should be raised outside of the Basel III process and through a much more simplified system of risk-weighted assets.
March 18 -
Goldman Sachs (GS) endured a setback Monday when the U.S. Supreme Court refused to hear the company's appeal of a lower-court decision involving securities backed by residential mortgages.
March 18 -
A dissident investor's candidate has joined the board at First Financial Northwest (FFNW) in Renton, Wash., ending a costly legal dispute.
March 18 -
The biggest challenge facing bankers these days is not regulation or economic sluggishness. It's figuring out how to charge for products and services that bank customers have grown to expect for free, says PNC's CEO-in-waiting William Demchak.
March 18 -
Starbuck Bancshares has sweetened the consideration it will pay for PremierWest Bancorp (PRWT) in Medford, Ore.
March 18 -
The Federal Deposit Insurance Corp. has terminated a consent order issued to Saehan Bank (SAEB) in Los Angeles.
March 18 -
First Citizens BancShares (FCNCA) in Raleigh, N.C., is preparing to spend millions of dollars to improve its information technology platform.
March 18 -
Landmark Credit Union may buy Hartford Savings Bank in Wisconsin, the National Credit Union Administration board decided Thursday.
March 15 -
Top bankers went out of their way to praise the Consumer Financial Protection Bureau and its Director, Richard Cordray, at American Banker's Retail Financial Services Conference. Despite the happy talk, they stopped short of calling for the GOP to end its opposition to the bureau or for Cordray's directorship to be made permanent.
March 15 -
The longtime chief executive of New Hampshire Thrift Bancshares is ready to retire — but not to leave completely. Stephen Ensign, 65, is set to retire April 30 as an employee of the Newport company but will remain its chairman.
March 15 -
The Fed's rejection of BB&T's capital plan likely bars the serial acquirer from big acquisitions for several months, but it might be able to pull off a small one.
March 15 -
The results of new stress tests on the nation's largest banks set the financial world abuzz Thursday. But lost in the shuffle were announcements from several smaller institutions, which underwent their own round of stress testing.
March 15 -
Only 30% of community banks communicate via social media, and that needs to change if they want to attract younger customers, members of the industry said.
March 15






