Consumer banking
Consumer banking
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Large numbers of yield-hungry banks have gorged on municipal bonds, and the industry’s overall holdings of the paper have edged up.
January 3 -
Treasury Secretary Timothy F. Geithner plans to leave the administration at the end of January, even if President Barack Obama and congressional Republicans haven't reached an agreement to raise the debt ceiling, according to two people familiar with the matter.
January 3 -
FNB United in Asheboro, N.C., will introduce a new brand for its CommunityOne Bank next month as part of its integration of Bank of Granite.
January 3 -
Borrowers whose loans back commercial mortgage securities are continuing to repay more of their loans on time.
January 3 -
TD Bank (TD) is about to remind residents of Manhattan's East Village neighborhood they no longer live in a capital of cool. The $822 billion-asset bank has leased 4,300 square feet of ground-floor space in a building being built on the site of the former Mars Bar
January 3 -
Securitization is essentially a financial production factory. Consistency in the manufacturing process, which minimizes defects and hence promotes investor interest in the product, would allow the business to prosper again.
January 3 -
Exorbitant costs, excessive complexity torpedo review program. But a proposed $10 billion settlement faces problems of its own.
January 3 -
Fulton Financial in Lancaster, Pa., has approved a new share repurchase program.
January 3 -
Peoples Bancorp in Marietta, Ohio, has acquired an insurance agency office in Pikeville, Ky.
January 3 -
Home mortgage applications slumped at year-end, as new applications fell for a third straight week and refinancing declined to its lowest level since April.
January 3 -
Flagstar Bancorp in Troy, Mich., is continuing to take steps to reduce risk.
January 3 -
Have you ever caught yourself paying a $3 ATM fee to avoid driving across town? Add up the value of your time, gasoline costs, the need to complete a necessary task and it's easy to justify that $3.
January 3 -
BankThink editors Marc Hochstein and Jeanine Skowronski recap 10 of the blog's posts they found most memorable in 2012.
January 3 -
A broader index of consumer delinquencies also fell during the third quarter, but past-due payments on home equity loans rose.
January 3 -
Carlile Bancshares in Fort Worth, Texas, has completed its second acquisition in as many weeks.
January 2 -
Envisioned as a way for card issuers to limit the impact of debit card fee caps, the devices have become victims of more alluring alternatives.
January 2 -
Loan volume built on the turnaround that began in 2011. Business borrowing continued to lead the way, though momentum appeared to weaken as the year wore on. Meanwhile, other major loan categories notched gains for the first time in years, and mortgage production delivered large profits.
January 2 -
Chinatrust Bank has tapped a veteran banker to become its president and chief executive.
January 2 -
BB&T in Winston-Salem, N.C., could be looking to add to its holdings in the Sunshine State.
January 2 -
After a deadline-inspired surge, nearly 500,000 borrowers are seeking formal reviews of their 2009 and 2010 foreclosures for mistakes by lenders, the Office of the Comptroller of the Currency reported.
January 2





