Consumer banking
Consumer banking
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Card fees and anti-Wall Street rhetoric are playing big roles in Democratic Sen. Jon Tester's tight reelection battle with Republican Rep. Denny Rehberg.
July 16 -
A pair of Orrstown Financial Services (ORRF) executives quit just two months after the Shippensburg, Pa., company's chief financial officer resigned.
July 16 -
Why would a bank issue prepaid debit cards to its customers? It's an inferior product for consumers and banks alike. Issue prepaid credit cards instead, with four times the interchange.
July 16 -
St. Helen's Community FCU hired a new CEO who immediately urged the board to terminate a merger agreement with nearby Wauna FCU, which would have created a $300 million credit union.
July 16 -
A deal that last week was heralded as reordering the credit card business is receiving pushback from merchants who say it doesnt go far enough.
July 16 -
Fifth Third Bancorp (FITB) announced Monday that it has hired former JPMorgan Chase (JPM) executive Chad Borton as its new head of retail banking.
July 16 -
Citigroup, the third-biggest U.S. bank, reported a 12 percent drop in second-quarter profit that beat analysts' estimates on revenue from advising on mergers and underwriting stocks and bonds.
July 16 -
Pulaski Bank has filed a lawsuit against three former employees over mortgage data that the Creve Couer, Mo., bank claims the employees took and are using to give their new employer a leg up.
July 16 -
A final rule places credit reporting agencies under the bureau's nonbank supervision program as part of its "larger participant" powers.
July 16 -
A trade group representing convenience stores rejected the proposed settlement of interchange lawsuits and hired law firm Constantine Cannon to hold out for better terms.
July 15 -
Visa, MasterCard and the largest banks have announced a proposed multi-billion dollar settlement with U.S. retailers in a longstanding lawsuit over swipe fees charged by the networks.
July 13 -
Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.
July 13 -
Uncertainty about the global economy, health care and taxes threaten to take already anemic loan growth off of life support.
July 13 -
Now it's time for Wells Fargo to slash its Realtor joint ventures that engage in mortgage banking activities.
July 13 -
AB editors discuss everything from eminent domain mortgage seizures and the CFPB's first year to earnings and the risk that banks are stretching for earnings.
July 13 -
After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.
July 13 -
The San Francisco company has the cash and willingness to buy more assets from U.S. and European financial institutions, management said during a conference call Friday.
July 13 -
Merscorp Holdings will provide the state of Delaware's Department of Justice Consumer Protection Unit a semi-annual report detailing results of its internal audits.
July 13 -
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
July 13 -
The San Francisco bank's $175 million fair-lending settlement with the Department of Justice announced on Thursday amounts to a drop in the bucket relative to its strong second-quarter earnings, driven in large part by its mortgages unit.
July 13





