Consumer banking
Consumer banking
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Regulators may be getting ready to order JPMorgan Chase to bolster its safeguards against money laundering.
January 11 -
CEO Michael Corbat's 13 reshuffled direct reports are all men — an extreme example of the gender gap that exposes banks to reputational and operational risks and charges of being out of touch.
January 11 -
There must be a concerted effort to open the way to successful homeownership to more Americans. This should include encouraging shorter-term mortgages so low down payment borrowers build equity faster.
January 11 -
Wells Fargo, the largest U.S. home lender, reported a 24% rise in fourth-quarter earnings as the bank boosted lending and squeezed more income out of rising revenue.
January 11 -
The $11.5 billion-asset subsidiary of Umpqua Holdings Corporation (UMPQ) said Thursday that its private banking arm will expand service to Seattle and San Francisco.
January 10 -
Old Dominion National Bank of North Garden, Va., has struck a deal to raise funds from an investor, contingent on the success of a private placement.
January 10 -
The $196 million-asset bank in Mt. Dora, Fla., said Thursday it has opened a branch in Orlando that continues its commitment to the environment.
January 10 -
Unlimited TAG insurance of noninterest-bearing deposits ended with 2012. Any shifting of cash from banks to money market funds has been modest so far.
January 10 -
American Express announced a series of unexpected expenses that will crimp earnings, including a $342 million charge relating to rewards points.
January 10 -
Hanmi Financial announced Wednesday that it has hired an advisor to help it explore strategic alternatives. Observers say the recovered lender could be a hot ticket, fetching between $16 to $20 per share.
January 10 -
The CFPB released rules Thursday that ban certain fees for modifying high-cost loans and expand the universe of loans protected by federal limits.
January 10 -
More than two billion people worldwide do not have a bank account, but do have a mobile phone, making the device a direct conduit to an underserved demographic.
January 10 -
American Samoa has only one bank left after Bank of Hawaii announced it would leave. A group led by Afimutasi Gus Hannemann is working to bring others to the tiny island territory.
January 10 -
Hingham Institution for Savings in Massachusetts (HIFS) will soon have an island outpost.
January 10 -
Community banks are likely to look at trimming more costs in 2013 as investors insist on improved efficiency.
January 10 -
Southern Bancorp in Arkadelphia, Ark., has hired a sitting state legislator to become its chief executive.
January 10 -
PNC Bank and Charter One Bank have each named new regional presidents for Illinois.
January 10 -
Donna Goodrich, new chairman of the Federal Home Loan Bank of Atlanta, promises to represent banks of all sizes — not just bigger ones like BB&T — and says FHLBs could be pivotal to housing reform.
January 10 -
The elimination of a requirement that ATMs have physical placards notifying users of any fees should end a wave of litigation against banks and credit unions.
January 10 -
Mortgage loans bolstered the Bank of South Carolina in the fourth quarter.
January 10




