Consumer banking
Consumer banking
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The San Francisco bank hopes to score points with a corporate customer and consumers by offering financing to buyers of the high-profile electric car.
July 11 -
The real losers would be the biggest banks, the holders of second liens, not investors in first mortgages. Those investors might come out ahead, and homeowners and municipalities certainly would.
July 11 -
Comerica (CMA) in Dallas is the latest bank to announce plans to enter the prepaid card market.
July 10 -
Fidelity National Financial's ServiceLink division acquired DRI Management Systems, while simultaneously rebranding DRI's default servicing workflow platform, in a deal announced Tuesday.
July 10 -
Universal Business Payment Solutions Acquisition (UBPS) has agreed to pay $179 million for three firms that process payments for small businesses.
July 10 -
1st Security Bank of Washington, a troubled former credit union known until 2004 as Washington's CU, announced this afternoon it raised $32.4 million with an initial public offering, the latest credit union-convert to go public.
July 10 -
Deposits are worth buying if you get them at a good price and are making loans, says Stephen Gordon, the chairman and CEO of Opus Bank, which agreed this week to buy 10 branches from PacWest for a 2.5% premium.
July 10 -
Businesses continue to deposit fund in banks as safety trumps yield as an investment priority. The move continues to cause bankers headaches as the funds weigh down balance sheet returns.
July 10 -
Amalgamated Bank in New York is continuing its product line expansion with the addition of a home mortgage division.
July 10 -
Printing and marketing materials provider Taylor Corp. will enter the mortgage industry with its acquisition of servicing documentation provider Venture Encoding.
July 10 -
JPMorgan Chase (JPM)'s new Liquid prepaid card is now available at its 5,500 branches across the U.S., the bank said Tuesday.
July 10 -
Discussions could lead to a common policy with Fannie Mae and set the stage for a force-placed industry overhaul.
July 10 -
Taylor Capital Group (TAYC) in Chicago is registering 20.6 million shares of its stock to make it easier for certain shareholders to sell the securities.
July 10 -
Bankers, regulators and non-profit executives last month debated how best to serve poor and other underbanked consumers. Click through to see who was the most passionate - and obsessive - at the Underbanked Financial Services Forum.
July 10 -
HomeTrust Bank in Asheville, N.C., is set to raise up to $211.6 million as it converts to a stock-owned bank from a mutual thrift.
July 10 -
VantageScore is taking precautions to avoid another antitrust challenge. As a result, the credit bureaus' scoring venture is "operating with one arm … tied behind our backs," says its CEO.
July 10 -
Analytics companies FICO and CoreLogic have launched a new credit score to help mortgage lenders better evaluate potential borrowers.
July 10 -
Businesses are expecting to unload even more cash into banks, according to a liquidity survey released Tuesday by the Association of Financial Professionals.
July 10 -
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Now that government-controlled Ally Financial has made official its exit from the warehouse lending arena, many firms are hoping to benefit from the bank's misery.
July 9




