Consumer banking
Consumer banking
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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 -
Comerica (CMA) beat fourth-quarter profit estimates, as its fee revenue increased and expenses from its 2011 acquisition of Sterling Bancshares diminished.
January 16 -
Revenue expanded at most business units of JPMorgan Chase, but it still has to overcome the same economic problems as other banks and those of its own doing tied to trading and other missteps.
January 16 -
A new paper dredges up a tired argument against the Community Reinvestment Act, which played an important role in sustainably expanding home lending to many Americans. Let's move on already.
January 16 -
Community Trust Bancorp (CTBI) in Pikeville, Ky., posted higher quarterly profit after increased fee revenue offset shrinkage in its loan portfolio.
January 16 -
The $3.8 billion-asset bank said Wednesday that Robert O'Brien had previously worked at Landesbank Baden-Württemberg, where he led the German bank's public finance group.
January 16 -
If a regulator overreaches its stautory authority, fails to adequately weigh costs against benefits or tries to hold the bank to arbitrary or capricious standards, you've got a case.
January 16 -
Shaun Donovan, secretary of the Department of Housing and Urban Development since the beginning of President Obama's first term, is planning to stay in his job through the second term.
January 16 -
The new app gives users iPhone, Android access to bank accounts. CEO Steve Streit hopes it will also shake up the consumer banking market and rejuvenate his company's flagging image as an innovator.
January 16 -
Higher mortgage revenue and lower credit losses powered M&T Bank Corp. in the fourth quarter.
January 16 -
U.S. Bancorp (USB) said fourth-quarter profit rose 5.2 percent, meeting analysts' estimates, on lower loan-loss provisions.
January 16 -
Jamie Dimon got a 53.5% pay cut for 2012 after presiding over the London Whale's losses, but he will still bring home a $1.5 million salary and a $10 million deferred bonus.
January 16 -
MADISON, Wis. Summit CU said this morning it has opened the first-of-its-kind Inspiration Branch, which will allow members to visualize their dreams and goals in 3-D.
January 16 -
The Google Chrome browser plugin from SmartyPig lets users follow an automated savings program as they shop online. The company plans to sell the service through banks.
January 16 -
United Community Financial in Youngstown, Ohio, has begun a $42 million capital raise.
January 16 -
JPMorgan Chase & Co. said fourth-quarter profit rose 53%, beating analysts' estimates as record low interest rates fueled mortgage lending.
January 16 -
Bank of New York Mellon Corp., the world's largest custody bank, said fourth-quarter earnings rose 23% as higher client assets boosted revenue.
January 16 -
Thomas Candillier, the Paris-based head of European cash equity sales at JPMorgan Chase, has died at the age of 37.
January 16




