Consumer banking
Consumer banking
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Pan Pacific Bank in Fremont, Calif., reported another profitable quarter. The $113.3 million-asset bank earned $330,000 in the fourth quarter, compared to a $544,000 loss a year earlier.
January 17 -
Republic Bancorp (RBCAA) in Louisville, Ky., posted higher quarterly earnings after booking gains tied to recent failed-bank acquisitions.
January 17 -
Virginia Commerce Bancorp in Arlington took a quarterly hit to earnings after exiting the Troubled Asset Relief Program.
January 17 -
Smith, who retired this month after seven years as CEO of Fulton Financial in Pennsylvania, gives the cold, hard truth about leadership and puts it in historical terms.
January 17 -
Bank of America (BAC) reported profit dropped 63 percent as costs mounted from faulty foreclosures and flawed home loans made as long as a decade ago.
January 17 -
BB&T in Winston-Salem, N.C., posted an increase in quarterly earnings on higher mortgage fees and loan growth.
January 17 -
Just a week after overhauling how mortgages are underwritten, the Consumer Financial Protection Bureau was set Thursday to unleash an additional series of rules dictating extensive new requirements for mortgage servicing.
January 17 -
Pacific Continental (PCBK) in Eugene, Ore., took advantage of accelerated business lending and lower expenses to post another profitable quarter.
January 16 -
State and federal authorities are taking a hard look at how banks collect consumer debts. A multi-billion dollar market may be remade through tighter rules or enforcement actions.
January 16 -
MidFirst Bank in Oklahoma City has agreed to buy a specialty lender in Atlanta.
January 16 -
Goldman Sachs (GS) and Morgan Stanley (MS) will pay a combined $557 million to settle allegations they mishandled foreclosures that followed the housing crisis.
January 16 -
Cheviot Financial is planning a large share repurchase program nearly a year after converting to a fully public company.
January 16 -
Cost control will sharpen further in 2013, given continued pressure from low interest rates and loan competition, U.S. Bancorp says. Other banks will face similar challenges.
January 16 -
David Stevens, president and chief executive of the Mortgage Bankers Association, highlighted several critiques of the CFPB's final QM rule during a speech on Wednesday.
January 16 -
PacWest Bancorp (PACW) in Los Angeles posted strong quarterly earnings to end a year marked by aggressive acquisitions.
January 16 -
Heritage Bank & Trust in Columbia, Tenn., has hired a veteran Tennessee banker as its new president and chief lending officer.
January 16 -
There's no turning back prepaid cards have left a permanent mark on banks, card networks, alternative payment providers and more. Some might consider that mark to be a scarlet letter, but many now wear it as a badge of honor.
January 16 -
JPMorgan Chase's CEO spent a year shaking up the bank's top ranks after the London Whale trading losses came to light. He acknowledged Wednesday that there was "too much" management volatility.
January 16 -
Examiners are starting to ask community banks for explain how their technology and staffing are prepared to handle disaster recovery.
January 16 -
In an interview, Morris Morgan, the federal government's point man for the painstaking review of 3.8 million mortgage loans, provided new details about the $8.5 billion deal regulators cut with 10 servicers last week and how it almost fell apart during negotiations.
January 16




