Consumer banking
Consumer banking
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The Renton, Wash., company has yet to announce the results of Thursday's vote, but an activist investor believes his group has won and warns that First Financial could challenge the outcome. Stilwell is attempting to oust Victor Karpiak, the company's chairman and CEO.
May 25 -
Los Angeles firm Litigation Compliance Law Center shows how attorneys and mortgage brokers are working to get around the sprit, if not the intent, of regulations designed to protect troubled homeowners.
May 25 -
KENNEWICK, Wash. – Motorists entering this southeastern Washington city were greeted yesterday by a giant LED display that now wraps around two sides of the iconic “flashcube” building which was renovated recently by HAPO Community CU to house its headquarters and branch.
May 25 -
A founding director of Santa Clara Valley Bank has been elected as chairman. Scott K. Rushing replaces Ralph Rueda De Leon, who has served as chairman for the last three years. Additionally Elias F. Valdes was elected as vice chairman.
May 25 -
The market-making arm of Citigroup Inc. suffered losses of about $20 million on trades made during last Friday's glitch-plagued listing of Facebook Inc. on the Nasdaq Stock Market, according to persons familiar with the matter.
May 25 -
Bank dealmaking is no place for vanity, MidSouth CEO Rusty Cloutier says. Sellers need to get real about their prospects, and buyers and sellers need to look beyond face value and short-term valuations, he says in a Q&A.
May 25 -
The Office of the Comptroller of the Currency has lifted an agreement against Stillwater National Bank and Trust in Payne, Okla.
May 25 -
First Republic Bank in San Francisco is planning to raise $150 million through a preferred stock offering.
May 25 -
The Consumer Financial Protection Bureau is the first financial regulator that must meet face-to-face with small business to consider ways to minimize a rule's impact.
May 25 -
Problem loans continue to haunt Riverview Bancorp (RVSB). The Vancouver, Wash., company on Friday restated its results from last quarter and increased its loan-loss provision for the third time in recent months.
May 25 -
The veteran football player will join the Lafayette, La., company's advisory board. Delhomme started his pro career with the New Orleans Saints.
May 25 -
PNC Financial Services is changing its formula for calculating some bonus rewards points, in the latest example of a bank scaling back on perks for card customers.
May 25 -
Lehman Brothers Holdings Inc. confirmed its will buy the 26.5% stake in Archstone it doesn't already own for $1.58 billion, ending a high-stakes battle over the control of the apartment giant.
May 25 -
A Los Angeles law firm offers to pay brokers for convincing homeowners to pay $5,000 "referral" fees and sue banks. Critics raise legal and regulatory questions.
May 24 -
WASHINGTON — The Commodity Futures Trading Commission will hold a daylong public roundtable on the Volcker Rule on Thursday, May 31, the agency announced.
May 24 -
Two small Pennsylvania banks — First Priority Financial of Malvern and Affinity Bancorp of Wyomissing — have announced a deal that would create a 10-branch bank outside Philadelphia.
May 24 -
Writeoffs for bad loans, excluding mortgages, have dropped almost to pre-recession levels, according to a report from Equifax.
May 24 -
Buoyed by strong revenue and loan growth, the U.S. operations of TD Bank Group in Toronto reported earnings of $358 million in the quarter that ended April 30, up 16% from the same period last year.
May 24 -
The acquisitive bank in Lafayette, La., benefits from having executives who have lived all over in their careers - but constant relocation can test a marriage, Chief Executive Daryl Byrd says.
May 24 -
WASHINGTON — The U.S. Supreme Court on Thursday ruled Louisiana borrowers can't sue Detroit-based Quicken Loans Inc. on allegations the company charged them loan-discount fees but did not provide reduced interest rates in return.
May 24



