Consumer banking
Consumer banking
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JPMorgan Chase's website suffered outages for a few hours on Friday. The nation's biggest bank by assets says it is researching the cause.
February 15 -
A Maryland legislator has introduced a bill that would open the way for the creation of a state-run bank.
February 15 -
PremierWest shareholders are scheduled to vote Tuesday on its proposed sale to the holding company of AmericanWest Bank. At 43% of tangible book value, some of them might be reluctant.
February 15 -
The arrangement is designed to give the bank some high-level mortgage expertise, but some industry observers have raised questions about the size of the $100,000 monthly fee.
February 15 -
The anonymous digital currency Bitcoin, which is already accepted on the Wordpress blogging site, has another mainstream partner. Reddit, the social news and entertainment site, now accepts bitcoins as payment for Reddit Gold, a subscription service.
February 15 -
Credit card delinquencies rose in January, but chargeoffs fell and portfolios appear likely to extend a streak of strong performance in the months ahead.
February 15 -
Late-night comedian Stephen Colbert's show on Feb. 14 was almost entirely devoted to financial services issues, including an attack on Wells Fargo's decision to fire a call center employee and a cameo by Sheila Bair.
February 15 -
Bankers want to get a better understanding of how to run their businesses at a time of regulatory uncertainty.
February 15 -
The American Bankers Association announced Feb. 12 that Jason Kratovil has been hired as vice president and deputy executive director for the ABA's Card Policy Council. His first day is Feb. 19.
February 15 -
In a letter to the Consumer Financial Protection Bureau, the U.S. Chamber of Commerce said the agency needed to guard against unclear and inefficient supervision, recommending several changes.
February 15 -
President Obama's executive order on cybersecurity calls on intelligence agencies to share information about digital threats with the private sector, but the agencies may have trouble sharing information themselves.
February 15 -
Charter Financial in West Point, Ga., has begun the stock offering for its second-step conversion.
February 15 -
Boosting regulatory oversight of Wall Street firms will better allocate examiner resources to the riskiest financial firms and help reduce unnecessary burdens on community banks.
February 15 -
An investor with a history of forming and selling banks has bought a large stake in Liberty Bell, a Philadelphia-area bank.
February 15 -
The merger of the two airlines makes it likely that two rewards programs will become one, leaving the incumbent issuers no choice but to duke it out.
February 15 -
Just days after announcing that it is selling part of its mortgage-servicing business, Ocwen Financial (OCN) agreed to buy the mortgage-lending unit of New York investment bank Gleacher
February 15 -
First BanCorp in San Juan, P.R., is attempting to improve its capital position by converting preferred shares into common stock.
February 15 -
Severn Bancorp (SVBI) in Maryland will restate earnings for the past three years to reflect a change in how it accounts for premiums on deposit insurance.
February 15 -
Wells Fargo (WFC) is broadening U.K. commercial property lending as European banks are forced to retreat.
February 15 -
A Florida couple has filed a lawsuit against Fifth Third Bancorp (FITB) over its “Early Access” deposit-advance program.
February 14


