Consumer banking
Consumer banking
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In the past, bank investment aimed at gaining a proprietary edge through new methods of consumer payment has consistently been poorly rewarded. Expect another repeat.
December 17 -
Community Trust Financial of Ruston, La., has received a $45 million investment from Pine Brook, a New York private-equity firm, the two firms announced Monday.
December 17 -
Industry marketing execs urge a focus on satisfying customers, communicating via social media and CEO support for a strong brand.
December 17 -
Bankia SA, the largest Spanish bank due to receive a European bailout, plans to seek buyers for its Florida unit early next year in a sale that may fetch at least $500 million, people with knowledge of the matter said.
December 17 -
Sterling Financial (STSA) in Spokane, Wash., will buy three branches around Seattle from a unit of Boston Private Financial (BPFH).
December 17 -
Know where - and when - your bank's target audience goes online for information and social interaction. Its better to have just two social media channels that are well-supported than five left unattended.
December 17 -
Some struggling homeowners left out of current mortgage-aid programs because their loans have been packaged into private securities could see their interest rates cut through a subsidy being considered by the Treasury Department.
December 17 -
Kevin Cummings makes our list of Community Bankers to Watch as his New Jersey mutual thrift mulls a second-step conversion and possible acquisitions around New York.
December 17 -
A healthy bank preemptively sells. Unspent capital burns a hole in a private-equity investor's pocket. A niche player waves the white flag. These are among six deal scenarios you'll see repeatedly next year.
December 17 -
Investors Bancorp's Kevin Cummings says the mutual thrift is ready to take the next step in its process of converting to a publicly owned company.
December 17 -
After doing two deals in 2012, Investors Bancorp's Kevin Cummings is ready to consider more worthwhile acquisitions.
December 17 -
Investors Bancorp's CEO explains why the company is expanding in the New York area, despite stiff competition from bigger banks.
December 17 -
Some are in new roles, some taking their banks in new directions and others most definitely on the hot seat. All eyes will be on these chief executives in the year ahead.
December 16 -
Michael Perry will pay the FDIC $1 million in cash from his personal funds, while the FDIC can seek the rest from Perry's professional liability insurers.
December 14 -
WASHINGTON — Community Bank of the Ozarks in Sunrise Beach, Mo., became the nation’s 51st failed bank of the year late Friday after it was closed by state regulators.
December 14 -
The rising price of bank targets along the central California coast could make expansion there more difficult, PacWest CEO Matt Wagner recently told investors at a meeting hosted by Sandler O'Neill.
December 14 -
Deposits in accounts temporarily protected by unlimited insurance represented more than 10% of assets at more than 900 banks at Sept. 30
December 14 -
Overdraft revenue at banks and credit unions is rebounding a bit after a sharp decline that began in 2008, newly released data shows.
December 14 -
Cornerstone Financial in Mount Laurel, N.J., said it will net renew the current contract for George Matteo, the company's chairman, president and chief executive.
December 14 -
Brian Moynihan said Friday the housing market continues to improve, but warned that a full transition to a largely privatized mortgage finance system is years, if not decades, away.
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