Consumer banking
Consumer banking
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Rep. Greg Walden (R-Ore.) on Monday announced plans to introduce legislation to take away the Treasury Department's ability to mint money to pay the federal government's bills.
January 8 -
Community banks participating in a government program upped their lending to small businesses by $7.4 billion over baseline levels during the third quarter, according to a report released Tuesday by the Treasury Department.
January 8 -
First Niagara Financial Group in Buffalo has snagged a veteran banker from Citizens Financial Group.
January 8 -
Shelter Insurance joins the growing list of insurers that are unwinding their banks amid mounting costs related to Dodd-Frank.
January 8 -
The Federal Reserve Board has terminated an enforcement action against Farmers State Bank in Victor, Mont.
January 8 -
Issuers exempt from the interchange fee cap should continue to promote activation and use of their debit cards by way of issuer-sponsored and merchant-funded rewards.
January 8 -
JPMorgan Chase chairman Jes Staley is joining the hedge fund BlueMountain Capital as a managing partner. He will be responsible for developing client relationships and will help direct the firm's strategy.
January 8 -
Consolidation among bank dealmakers continues as Houlihan Lokey acquires Milestone Advisors. The combined firm has 28 bank M&A advisors and will try to hire more amid upheaval in investment banking.
January 8 -
The Charlotte bank says Monday's settlement is a significant step toward resolving its crisis-era woes, but other legal risks — particularly in connection with private-label mortgages — remain.
January 7 -
Union Bank will close 15 branches in central and southern California, including some locations recently acquired from Pacific Capital Bancorp.
January 7 -
A "simplified" foreclosure review settlement is in borrowers' best interests, even though details remain sketchy, officials from the Office of the Comptroller of the Currency argued Monday.
January 7 -
Consumers who face foreclosure on their homes, who would like to modify terms of their mortgages or whose homes are underwater, now have a toll-free telephone number they can call to connect with a counselor who may be able to help.
January 7 -
This bad loan was a unique case of vanity and all-pervasive incompetence on the part of both the banker and a movie producer turned real estate developer.
January 7 -
JPMorgan Chase, the nation's biggest bank by assets, said Monday it would inaugurate a new office, which is located in San Jose, with celebrations at both the branch in San Jose and another that the bank opened recently in San Francisco.
January 7 -
Cornerstone Bancshares in Chattanooga, Tenn., has raised $15 million to bolster its capital reserves.
January 7 -
Bync, a new transaction-based deals hub, hopes to line up exclusive merchant relationships.
January 7 -
Independence Bancshares in Greenville, S.C., has $14.1 million in new capital and freshly minted chief executive.
January 7 -
Shelter Insurance joins the growing list of insurance companies to unwind its bank after it faced having more than $1 million in annual costs tied to Dodd-Frank.
January 7 -
VantageSouth Bank in North Carolina is taking steps to rekindle lending to home builders.
January 7 -
Business borrowing from commercial banks appears to have jumped at an annual rate of 11% in the fourth quarter, reversing two quarters of fading momentum.
January 7




