Consumer banking
Consumer banking
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A new museum exhibit chronicles the history of New York's banking scene.
July 11 -
Vintage Bancorp, in Leon, Kan., on Wednesday canceled its deal for CornerBank, in Winfield, Kan.
July 11 -
San Bernardino County is forging ahead with deliberations on a proposal to seize underwater mortgages, despite its largest city's decision to seek bankruptcy. But industry members say the bankruptcy could interrupt funding for the plan.
July 11 -
The pace of bank mergers slowed in the second quarter, but deal announcements still rose about 15% in the first half from a year earlier, according to SNL Financial.
July 11 -
An unsolicited offer by PacWest added jet fuel to the shares of First California, strengthening its hand in a takeover deal of its own and bolstering management's effort to stay independent.
July 11 -
Dozens of small banks have substantially increased commercial and industrial lending over the past few years. Supervisors are worried that some may be chasing unfamiliar business down a blind alley.
July 11 -
The nation's largest credit union is pushing loan participations, which could help credit unions make more loans despite existing regulatory caps.
July 11 -
International Bancshares (IBOC) in Laredo, Texas, has repurchased $40 million of preferred stock that it issued to the Treasury Department under the Troubled Asset Relief Program.
July 11 -
ProAmérica Bank (PMRA) in Los Angeles has named a 25-year banking veteran as its president and chief executive after a yearlong search.
July 11 -
Members of the GOP-controlled House once again debated the impact — and potential pitfalls — of a section of the Dodd-Frank Act, with the subject du jour concerning so-called QM regulation.
July 11 -
FirstBank Holding in Lakewood, Colo., will close a dozen branches inside Colorado grocery stores.
July 11 -
First California Financial Group (FCAL) has reduced by 38% the number of shares it would pay to acquire Premier Service Bank in Riverside, Calif.
July 11 -
If the government could eliminate contract rights in this way, then it would be hard to imagine what contracts could not be set aside in the name of market efficiency.
July 11 -
When Bank of America Corp. sent letters to 60,000 struggling homeowners offering to slice an average $150,000 off their loans, the lender got an unusual response from most of them: silence.
July 11 -
The government has failed to publicly vet its use of auctions to dispose of its remaining Troubled Asset Relief Program holdings. That leaves too many questions unanswered about its exit plans.
July 11 -
Bank of America (BAC) has cut some jobs in its commercial banking division as it continues to slim down.
July 11 -
The Japanese credit card company JCB has begun operations in São Paulo, Brazil, under the name of JCB International do Brasil Representacão Comercial Ltda.
July 11 -
John Allison, the former chairman and CEO of BB&T, recently agreed to become the president and CEO of the Cato Institute, a leading libertarian think tank. He joins a growing list of former bank executives who are trying their hand at something totally unrelated to banking.
July 11 -
Small banks beat out their larger counterparts last month with a bigger jump in approvals for loans to small businesses, according to the Biz2Credit Small Business Lending Index.
July 11 -
Ocala Funding LLC, a financing vehicle used and controlled by failed Taylor Bean & Whitaker Mortgage Corp., filed for bankruptcy protection in Florida.
July 11





