Consumer banking
Consumer banking
-
Third-quarter profit at Astoria Financial (AF) improved as it continues to emphasize multifamily and commercial real estate loans, and cut costs.
October 18 -
Bankers urged their counterparts to rally against Basel III and other regulations at the American Bankers Association conference in San Diego. In contrast, regulators tried to convince bankers that their voices would be heard in Washington.
October 18 -
Commercial banks donated significant amounts of money to some of the most critical -- and most hotly contested -- congressional races this year.
October 18 -
BB&T's third-quarter earnings dipped from midyear after it incurred costs from buying BankAtlantic and issued preferred stock.
October 18 -
A group of bankruptcy attorneys is warning cash-strapped borrowers against the hazards of working with companies that promise to reduce debt in exchange for a fee.
October 18 -
RBS Citizens Financial Group has hired JPMorgan Chase executive Michael J. Cleary to head its U.S. distribution for consumer banking.
October 18 -
M&T Bank in Buffalo and Comerica in Dallas have increased lending, but M&T is profiting more because of an important investment decision it made last year.
October 17 -
Strong mortgage banking revenue boosted third-quarter earnings at Umpqua Holdings (UMPQ) by almost 15% from a year earlier, to $25 million.
October 17 -
While accepting a lifetime achievement award at American Banker's Women in Banking gala, former Capital One Bank President Lynn Carter urged bankers to embrace perspectives contrary to their own.
October 17 -
Associated Banc-Corp in Green Bay, Wis., announced plans to close a dozen branches a day before it is scheduled to release its third-quarter results.
October 17 -
BB&T, a $179 billion-asset company in Winston-Salem, N.C., said Tuesday it plans to add roughly 1,700 jobs in back-office, administrative and support functions in Greensboro.
October 17 -
American Express Co. (AXP) on Wednesday reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.
October 17 -
KBW named 42 small banks it says will have loan growth that far outpaces their peers and the overall economy next year. But half of them probably won't translate that into big profits.
October 17 -
The industry must work much harder to restore its reputation after this year's scandals, HSBC USA CEO Irene Dorner said Tuesday, in a speech that was part rally and part reprimand to bankers.
October 17 -
American State Bancshares in Great Bend, Kan., has taken a small step towards its goal of becoming a $1 billion-asset company.
October 17 -
Under the proposal, card issuers could consider shared household income when approving credit card applications.
October 17 -
Visa is reportedly planning to name a new chief executive officer as early as this month.
October 17 -
The Merrill Lynch litigation is settled, but an ongoing tiff with Fannie Mae means elevated repurchase claims could continue for several more quarters.
October 17 -
U.S. Bancorp in Minneapolis lowered its loan-growth expectations for the fourth quarter to reflect borrower uncertainty about the election, the fiscal cliff and the overall economic environment, CEO Richard Davis says.
October 17 -
Relying solely on a fortress mentality that trusts in firewalls, antivirus and other countermeasure technologies has been shown, time and again, to be insufficient.
October 17





