Consumer banking
Consumer banking
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New York Community Bancorp Inc. (NYB) on Wednesday posted a 10% jump in second-quarter profits driven by robust refinancing activity on multifamily loans and strong prepayment penalty income.
July 25 -
An analysis from Keefe, Bruyette & Woods concludes that many more retailers would need to withdraw from the settlement with Visa and MasterCard to trigger a termination clause.
July 25 -
UMB Financial in Kansas City, Mo., is succeeding in growing loans, but it is problems are picking up, too.
July 25 -
Cullen/Frost Bankers (CFR) reported a dip in quarterly earnings because of a higher loan-loss provision and tighter margins.
July 25 -
The Consumer Financial Protection Bureau's boss appeared before a House oversight subcommittee known for its hostility and got off surprisingly easy.
July 25 -
Strong loan growth at BankUnited (BKU) helped the Miami Lakes, Fla., company post higher second-quarter income and beat analysts' expectations.
July 25 -
A brand consultant recently suggested that more banks could put the financial crisis behind them simply by developing new logos and brands. Here are a few financial institutions that have reinvented themselves in recent years.
July 25 -
Kamal Mustafa, a former global head of M&A at Citibank who now helps to stress-test banks, fears another earnings crunch is coming and that bank valuations will sink lower than they are now.
July 25 -
Hovde Financial has hired two investment bankers, in Beverly Hills, Calif., and Chicago, as the community bank advisor braces for more deals.
July 25 -
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Bankers who want to cash out ahead of a potential hike in the capital gains tax next year need to act fast, M&A experts say.
July 24 -
The yield curve flattened and it showed in margins among the first wave of banks to post second quarter results. But a sizeable group used some remaining levers – like the retirement of trust-preferred securities – to buck the trend.
July 24 -
Hampton Roads Bankshares's (HMPR) second-quarter loss narrowed from a year earlier as improveed credit quality aided the Norfolk, Va., company.
July 24 -
Trustmark Corporation in Jackson, Miss., said its second-quarter earnings fell 3% from the same period last year, to $29.3 million, as improved credit quality could not offset declines in fee income and total loans.
July 24 -
At a Senate hearing on ways to help borrowers, Tennessee Republican Bob Corker said debate over education costs should "look at the entire picture."
July 24 -
A bipartisan bill that would permit regulators to grant federal charters to nonbank consumer lenders is being met with fierce resistance — particularly from regulators themselves.
July 24 -
F.N.B. Corp. (FNB) in Hermitage, Pa., posted higher second-quarter profit as loan balances surged.
July 24 -
An "uneven and slow" recovery could impede expansion in coming quarters, CEO Grayson Hall cautions.
July 24 -
The Treasury Department on Tuesday said that employees of Google (GOOG) and Facebook (FB) would help it select the best ideas for new mobile applications.
July 24 -
Black and Latino borrowers received government-backed loans insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs significantly more often than white borrowers, raising concerns about redlining, a new study has found.
July 24




