Consumer banking
Consumer banking
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Third Federal Savings & Loan Association of Cleveland said regulators terminated its memorandum of understanding, which had mandated an outside assessment of its management of interest-rate risk.
December 24 -
United Community Bancorp in Lawrenceburg, Ind., has completed a crucial step in its conversion to a public company from a mutual.
December 24 -
How Do We Fix Our Housing Finance System? Part II: Rethinking Government's Role, Starting with FHA's The FHA in its current form could not handle an emergency backstop role but would have a much better chance if moved out of HUD and combined with Ginnie Mae and the remnants of Fannie and Freddie.
December 24 -
This has been a difficult year to run a foreign-owned bank in the United States, but BBVA Compass aims to parlay a recent core overhaul into new growth opportunities in 2013, CEO Manolo Sanchez says.
December 24 -
The languishing of the Citi 2G card shows how even the most impressive new technologies can struggle to find a foothold in payments.
December 24 -
Special credits, like accounts receivable financing lines, real estate construction loans or import-export lines, require experienced personnel because, while they may be quite profitable, they are inherently hazardous.
December 24 -
First Bancorp (FBNC) in Troy, N.C. and Community Financial Shares in Glen Ellyn, Ill. have completed capital raises.
December 24 -
Record-low mortgage rates aren't cheap enough for Federal Reserve Chairman Ben Bernanke as he tries to spur economic growth and create jobs.
December 24 -
The Office of the Comptroller of the Currency has taken enforcement measures against six banks and terminated actions against a half dozen others.
December 24 -
The interim chief financial officer of Capitol Bancorp has quit.
December 24 -
In a one-hour interview at his office in Massachusetts earlier this year, Rep. Barney Frank was surprisingly open, discussing what motivated him to get into politics, his personal life, and the cause of political gridlock in Congress.
December 21 -
The Greenville, S.C., bank will acquire Resource Financial Services, which has eight offices in five states. CertusBank did not disclose the price it will pay for the four-year-old company.
December 21 -
The Maryland companies have moved the deadline for terminating the deal while they await Fed approval. Carrollton also said Friday that its CFO will resign in January.
December 21 -
The combative bank analyst has joined a small firm with little background in bank research because, he says, it promised “the freedom” to speak his mind.
December 21 -
When Marianne Lake becomes JPMorgan Chase's (JPM) new chief financial officer next year, David Owen will fill her current role as CFO of its consumer and community bank.
December 21 -
A large shareholder recently sold most of her holdings in First Citizens, giving her uncle's family a majority stake in the family owned company.
December 21 -
WASHINGTON — The Consumer Financial Protection Bureau on Friday specified changes it would like to make to a rule designed to increase regulation of international money transfers.
December 21 -
The House Democratic Caucus named six incoming freshman members of Congress to serve on the Financial Services Committee next year.
December 21 -
Every banker is under scrutiny, but last year we pegged 10 executives as potential news makers for 2012. Most of those bankers delivered big headlines in the past year.
December 21 -
The OCC says the decline in foreclosures year-over-year has been largely driven by improving economic conditions and increased effort by servicers to keep borrowers in their homes.
December 21



