Consumer banking
Consumer banking
- 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 -
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




