Consumer banking
Consumer banking
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FDIC board member Thomas Hoenig proposes corresponding a bank's required capital minimum to its Camels rating and subjecting big banks to more detailed exams.
November 30 -
Huntington Bancshares (HBAN) has extended the contract of Chief Executive Stephen Steinour by three years, through the end of 2016, the Columbus, Ohio, company said Thursday.
November 29 -
The average credit union is billions of dollars smaller than the behemoth banks. And the overall quality of credit union business loans is much higher than that of bank commercial loans.
November 29 -
The Federal Reserve Board has terminated an enforcement action against Johnson Financial Group in Racine, Wis.
November 29 -
Regulators sought to assure lawmakers and financial institutions on Thursday that they would weigh potential conflicts from a slew of proposed mortgage regulations due out shortly as they finalize Basel III capital and liquidity rules.
November 29 -
Wintrust Financial would sell the $161 million in deposits and three branches it bought from the failed Second Federal Savings and Loan to a credit union. Regulators will OK such deals under the right conditions, experts say.
November 29 -
Sales of homes in contract hit their highest level in more than five years last month, the National Association of Realtors said Thursday, adding to signs of a strengthening market.
November 29 -
The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.
November 29 -
The Consumer Financial Protection Bureau said Thursday it has issued warning letters to six specialty reporting agencies for making it too difficult for consumers to find their free annual reports.
November 29 -
A watchdog group that monitors accuracy in advertising has ruled that Bank of America's claims about cash rewards available to some of its credit card customers are unclear.
November 29 -
A California startup has created a Facebook application that can quickly calculate the cost of a mortgage and then directs customers to an online loan application.
November 29 -
Volatility among investment banks presents some great hiring opportunities for their rivals, says Daryle DiLascia, who recently joined Sterne, Agee & Leach from KBW to work on bank M&A.
November 29 -
It would appear that a bank could not negotiate a loan on more favorable terms than the deal I was looking at. Yet, something did not make sense.
November 29 -
The $1.3 trillion-asset company said this week that its directors have elected Howard "Rick" Richardson to the board effective Jan. 1.
November 29 -
The president and chief executive of Talbot Bank of Easton, Md., will step down at yearend and an insider will take over.
November 29 -
The owner of a now defunct Missouri auto body shop has pleaded guilty in federal court to bank fraud charges.
November 29 -
Walgreens has transformed a historic Chicago building that housed two failed banks into a glamorous drugstore.
November 29 -
LANSING, Mich. – CASE CU said it is vacating four in-store Meijer branches at year-end after the credit union was defeated for the contract by Huntington Bank.
November 29 -
U.S. home-price gains this year weren't large enough to justify an increase in the maximum size of loans that Fannie Mae and Freddie Mac will purchase in 2013, the companies' regulator said today.
November 29 -
Consumer-focused regulations, in general, should reflect what financial products actually do, not the technicalities of who issues them or what legal status they hold.
November 29


