Consumer banking
Consumer banking
-
Visa's international business is taking on increasing importance as the card network adapts to legal and regulatory threats at home.
July 26 -
Investors, which recently agreed to buy Marathon Bank, reported gains in the second quarter from its Brooklyn Federal acquisition and lending.
July 26 -
Another earnings crunch is coming and bank valuations will sink further. That means selling now is the smart move for hundreds of institutions, says Kamal Mustafa, who stress-tests banks and formerly headed M&A at Citibank.
July 26 -
Shares of United Community Banks Inc. fell sharply Thursday morning after the Blairsville, Ga., company reported earnings that came in well short of analysts' estimates.
July 26 -
The National Credit Union Administration announced Thursday it is creating an office to examine the nation's largest credit unions — the four with assets of over $10 billion, as well as the corporate credit unions — as part of a reorganization of its examinations process.
July 26 -
EverBank Financial (EVER) in Jacksonville, Fla., reported strong loan growth in its first quarter as a publicly traded company but expenses related to organic growth, recent acquisitions and a nationwide marketing campaign dragged down its overall earnings.
July 26 -
A combination of a lower loan-loss provision and higher noninterest income contributed to improved profits at Texas Capital Bancshares (TCBI) in Dallas.
July 25 -
A BankThink post on the snails pace of payments sparks a discussion of how red tape stops financial institutions from leveraging social media. Have banks hit a social media stalemate?
July 25 -
The Federal Reserve Board entered into a written agreement with Macon Bancorp that requires the Franklin, N.C., company to serve as a source of strength to its bank.
July 25 -
Visa (NYSE: V) swung to a loss of $1.8 billion in the third quarter, as it paid its portion of a $6 billion settlement agreement with retailers that was announced earlier this month.
July 25 -
Visa Europe Ltd. may receive an antitrust complaint from European Union regulators over credit card fees, the EU's competition commissioner said.
July 25 -
The head of First Commonwealth Financial (FCF) spoke for a lot of bankers Wednesday who hope to follow his lead.
July 25 -
The card giant will devote more than a quarter of its marketing budget this fiscal year to its sponsorship of the London games and related activities and company officials insist it is worth every penny.
July 25 -
Sandy Weill's call to break up big banks invoked the Main Street bankers who have blasted Wall Street fat cats like him for years. What next for him — a director post at a small bank in Peoria?
July 25 -
Distressed homeowners have received only 10 percent of nearly $46 billion in federal aid since the money was allocated in 2009 under the Troubled Asset Relief Program, a U.S. auditor's report said today.
July 25 - Illinois
Second-quarter earnings at First Midwest Bancorp (FMBI) declined from a year ago as the Itasca, Ill., company's net interest income fell and its provision for loan losses increased.
July 25 -
Hudson City Bancorp (HCBK) has historically held on to the mortgage loans it originates, but it will soon start selling some of those loans on the secondary market in an effort to boost its profits.
July 25 -
U.S. Bank has bought a type of corporate credit card network for truckers from prepaid company TransCard.
July 25



