Consumer banking
Consumer banking
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Under the landmark settlement with MasterCard and Visa, retailers could soon start surcharging customers for paying with plastic. Here's why that could be bad news for PayPal.
September 27 -
An unnamed investor will inject $5.5 million into the troubled Anchor Commercial Bank in North Palm Beach, Fla., through a subscription agreement.
September 27 -
Hampton Roads Bankshares in Norfolk, Va., has completed its $45 million rights offering, though its private-equity partners were the largest contributors.
September 27 -
Aquiline Capital Partners, a private-equity firm based in New York, is buying First Investors Financial Services Group, a Houston auto lender, for $100 million.
September 27 -
A bipartisan group of 53 senators is calling on banking regulators to consider the impact that proposed Basel III capital standards will have on community banks.
September 27 -
User input from a pair of tech firms says a vast majority of lenders who are moving toward automated processing have an eye on the stew of mortgage rules that mandate more disclosure and tighter processing.
September 27 -
Banks are growing increasingly worried that the failure to stem impending tax hikes and steep budget cuts could reduce lending demand, savage profits and cripple M&A activity.
September 27 -
The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.
September 27 -
Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.
September 27 -
The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.
September 27 -
BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.
September 27 -
The credit card issuer intends to offset an expected decline in revenue from add-on products by becoming a more well-rounded consumer bank.
September 27 -
Bankers "wake up in the middle of the night" worrying about data breaches, a Citigroup executive said this week, as several big banks faced a wave of cyber attacks.
September 27 -
Rusty Cloutier, the Lafayette, La., company's CEO, says MidSouth can double in size over the next five years without making another large acquisition.
September 27 -
Kentucky First Federal Bancorp (KFFB) has received approval from Federal Reserve Board to waive its right to receive a dividend.
September 27 -
The inspector general for the FHFA found no evidence that Freddie Mac discouraged homeowners from refinancing their mortgages to profit from an exotic form of interest rate hedging.
September 27 -
Getting a good deal is sometimes about more than fetching top dollar, as private-equity investors in West Coast Bancorp demonstrate in their agreement to sell to Columbia Banking.
September 27 -
Servicers reported a significant increase in the number of new loan modification trial plans in the second quarter, due mostly to the $25 billion mortgage settlement, OCC officials say.
September 27 -
By proposing to design regulations intended to shape state laws and practices, the FHFA is picking a fight with the states that will overshadow any economic benefit from risk-based pricing.
September 27 -
Flagstar, the $14.3 billion-asset company's board Tuesday approved a reverse split of outstanding shares that will give holders of Flagstar common stock prior to Oct. 24 one share for every 10 they own.
September 27


