Consumer banking
Consumer banking
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Comptroller of the Currency Thomas Curry acknowledged Thursday that his office needs to better cater to community banks, including improving their communication with local examiners.
March 14 -
A group of about 50 to 60 protestors interrupted a speech by Wells Fargo (WFC) Chief Executive Officer John Stumpf on Thursday at a banking conference, taking over the stage with chants and complaints about home foreclosures.
March 14 -
PremierWest Bancorp (PRWT) in Medford, Ore., has granted itself more time to persuade shareholders to approve a takeover by Starbuck Bancshares.
March 14 -
U.S. banks are expected to unload up to $2 trillion in mortgage servicing rights. Behind the sell-off are tough new Basel III capital requirements and the past failures in servicing troubled loans that has brought unwanted scrutiny. Picking up the slack are nonbanks like Nationstar (NSM), Ocwen Financial (OCN) and Walter Investment (WAC), all of which have been aggressively snapping up banks' servicing portfolios. Watch out, too, for Penny Mac, which plans to use the proceeds from its planned public offering to fund servicing acquisitions.
March 14 -
The anger against the country's biggest banks is ready to boil over, Harris Simmons, the chairman and chief executive of Zions Bancorp., warned Wednesday.
March 14 -
Pan Pacific Bank in Fremont, Calif., has snagged a small business lender from the Bay Area. The $113.3 million-asset bank said Thursday that Ron Barrett was hired as a vice president and manager of government-guaranteed loans.
March 14 -
State Bank Financial (STBZ) in Atlanta has lowered its 2012 earnings to address an accounting error in tied to loans it obtained from failed-bank deals.
March 14 -
Elizabeth Warren, the consumer advocate turned senator, reiterated her call on lawmakers to vote on Consumer Financial Protection Bureau Director Richard Cordray.
March 14 -
Banks have been pillars of their communities and pillars of local architecture throughout American history. Several institutions today operate out of digs that are listed on the National Register of Historic Places. Here's a look at some of the most notable and elegant examples.
March 14 -
Home repossessions in the U.S. plunged 29% last month from a year earlier to the lowest level since 2007 amid increased efforts by state lawmakers and courts to delay property seizures, according to RealtyTrac.
March 14 -
Blackstone Group, manager of the largest real estate private-equity fund, has expanded a credit line to buy single-family homes to $2.1 billion from $600 million, according to a person with knowledge of the deal.
March 14 -
Impersonators of Sammy Davis Jr., Frank Sinatra and Dean Martin (oddly) captured the sense of renewal at the ICBA conference in Las Vegas.
March 13 -
Gibraltar Private Bank & Trust in Coral Gables, Fla., is in talks with several potential buyers, the South Florida Business Journal reported in its online edition Wednesday.
March 13 -
The CFPB director received a frosty reception at the ICBA conference despite remarks designed to calm bankers' fears.
March 13 -
The midsize New York mortgage lender and the West Coast bank created to house the IndyMac assets are worlds apart in many ways, but their rumored deal is strange enough to work, experts say.
March 13 -
The Federal Deposit Insurance Corp. chairman gave an update on the agency's community bank work and said the agency is on target to reach a statutory minimum for insurance reserves.
March 13 -
Bank of Hawaii (BOH) has agreed to delay its exit from American Samoa for one year to give the territory time to recruit another bank.
March 13 -
Speaking at an industry conference, the Huntington CEO says banks can't use the low-rate environment, the slow economic recovery or the costs of regulation as excuses to cut corners and shortchange customers. "We have to set a higher standard."
March 13 -
Bankers at the trade group's annual conference want to focus on momentum, although many acknowledge lingering doubt about the future.
March 13 -
First Bancorp in Troy, N.C., has applied for regulatory approval to move its headquarters to Southern Pines, N.C.
March 13





