Consumer banking
Consumer banking
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The Illinois company spent three years trying to keep its Kansas and Florida banks from failing. The company, which has other banks, is not off the hook yet because the FDIC could charge it for the cost of the failures.
July 24 -
SunTrust, Huntington, First Horizon and TCF would suffer the biggest drops in Tier 1 common equity under proposed guidelines, unless they change their mix of assets.
July 24 -
Banks including JPMorgan Chase & Co. and Citigroup Inc., sued for $2 billion by Thornburg Mortgage Inc. for allegedly helping it fail, lost a bid to move the case from bankruptcy court to district court as a Maryland judge said almost all the issues could be decided in bankruptcy court.
July 24 -
You should be able to move your money as fast as you can make it. But the banking system today works about as speedily as the Post Office.
July 24 -
Home values posted their first year- over-year increase since 2007 in the second quarter as the property market began to lift off a bottom, Zillow Inc. said.
July 24 -
Banking analyst Richard Bove says Wells Fargo has been treating him terribly as a retail customer. He suspects that's an excellent business move.
July 24 -
The next six months are critical to the bank if it is to exit Tarp and stay independent, says Kessel Stelling, the Columbus, Ga., company’s chairman and CEO.
July 24 -
JPMorgan Chase (JPM) agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.
July 24 -
FirstMerit (FMER) in Akron, Ohio, trumped higher noninterest costs with more lending for a slight gain in quarterly profits.
July 24 -
Bank of America (BAC) has hired more than 30 bankers in the greater Chicago area as part of a broader plan to beef up its services for small-business owners.
July 24 -
Provident Bank in Montebello, N.Y., has recruited another team of lenders away from a rival bank as part of its broad plan to boost its commercial lending in the New York City area.
July 24 -
The new tool, Equifax says, monitors identities across dozens of industries and thousands of banks.
July 24 -
Use eminent domain to refinance unaffordable mortgages, cut through the mire of servicers, home equity investors and trustees. Protect homeownership and communities while respecting everyone's property rights.
July 24 -
Double-digit loan growth boosted the bottom line more than 20% at Signature Bank (SBNY) in New York.
July 24 -
The giant retailer has said it will oppose a swipe-fee settlement with Visa and MasterCard that was proposed earlier this month.
July 24 -
Synovus Financial (SNV) continued its comeback, reporting its fourth profitable quarter in a row.
July 24 -
RBS Citizens Financial Group in Providence, R.I., has signed a referral agreement with brokerage Oppenheimer & Co., in a bid to boost its commercial lending to middle-market businesses.
July 24 -
Consumer advocates, regulators and others are encouraged when companies take a "we want to design the best product" approach rather than a "we want to meet a minimum threshold" approach.
July 24 -
Regions Financial's second-quarter earnings spiked as the Birmingham, Ala., company managed to reduce expenses and problem loans.
July 24 -
Second-quarter profits almost doubled at Zions Bancorporation (ZION) from a year earlier, but the Salt Lake City company's results still fell short of analysts' expectations.
July 23




