Consumer banking
Consumer banking
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Thirteen mortgage servicers will begin compensating more than 4 million borrowers beginning in April as part of the amended consent orders released by regulators on Thursday.
February 28 -
This week, the most senior JPMorgan Chase (JPM) executives spent six hours airing their plans for growth and retrenchment. Here are some of the strategies Chief Executive Jamie Dimon and his top lieutenants discussed.
February 28 -
A growing number of community banks are experimenting with traveling employees and student part-timers to cut branch expenses.
February 28 -
Checking account regulations are outdated even for their primary product. Why would you want to regulate prepaid cards with a set of archaic rules?
February 28 -
Following allegations that the FHFA killed a Fannie Mae plan that would have saved homeowners and taxpayers hundreds of millions of dollars, the ranking member of the House Finance Committee has asked the regulator to explain its decision.
February 28 -
Dan Rollins suggested that BancorpSouth undertake a sequester-style process to reduce expenses.
February 28 -
As ATM network operators add more complex payments functions, technology providers such as Fiserv and NCR are tweaking the underlying technology to better monitor the machines remotely.
February 28 -
No, Tamara Hambright and Paula Vardell aren't sisters, but the longtime co-workers say they have become two halves of the same brain and will work hard to build up the Dallas bank's warehouse lending division.
February 28 -
Federal prosecutors have charged Wilbur Tate, now of Dacula, Ga., with conspiracy to commit bank bribery, the Special Inspector General for the Troubled Asset Relief Program said Wednesday.
February 28 -
Are regulatory rules meant to make big banks safer instead doing more to shield them from competition from smaller players?
February 28 -
There's an oversupply of old-fashioned branches, and banks don't know what to do with them, says industry consultant and executive recruiter Rod Taylor.
February 28 -
Royal Bank of Canada, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank reported first-quarter profits that topped analysts' estimates on record earnings from personal and commercial lending.
February 28 -
OceanFirst Financial in Toms River, N.J., has hired the former chief executive of Patriot National Bancorp as its president.
February 28 -
Peoples Financial in Biloxi, Miss., is resuming stock buybacks.
February 28 -
If a customer connects to an open Wi-Fi network, fails to follow adequate Bluetooth communications protocol or uses shoddy passwords on smartphones, a bank's internal networks may be exposed to fraud.
February 28 -
Royal Bank of Scotland Group (RBS) will sell a 25% stake in its Citizens Financial Group unit in the U.S. and shrink its investment bank to boost capital, the British bank said Thursday.
February 28 -
The well-connected consulting firm has hired Joe Petro, a former Secret Service agent who ran Citigroup's security and investigative services for 20 years. Citi has replaced him with Brian Parr, another prominent agency veteran.
February 27 -
The Georgia community bank converted its 300+ staff to Google Apps for Business, signaling a continuing, albeit slow, trend of banks going to the cloud for email service.
February 27 -
Housing counselors grilled mortgage settlement monitor Joseph A. Smith on why banks are not disclosing data that would show whether communities hit hardest by the foreclosures crisis are getting the bulk of the relief.
February 27





