Consumer banking
Consumer banking
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Shareholders frown on United Financial's all-stock deal for healthy bank in good market.
May 31 -
The Consumer Financial Protection Bureau said Thursday it was seeking additional comments on the ability-to-repay rule, dashing expectations that a final rule would come by the end of June.
May 31 -
Newly initiated foreclosures by the Federal Housing Administration jumped 247% in April from a year earlier, while the overall number of foreclosure starts fell 3.1% in the same period.
May 31 -
Bank partnerships with colleges and universities may not pay off for students, the consumer group said in a report unveiled Wednesday.
May 31 -
The puffy cartoon birds of popular mobile game Angry Birds will soon grace a new line of bank cards in Russia.
May 31 -
The JOBS Act opened the door for more banks to deregister from the SEC. So far, more than 60 banks and thrifts have filed to deregister less than two months after the law was signed.
May 31 -
Kip Weissman, partner with law firm Luse Gorman Pomerenk & Schick in Washington, says lack of options for small banks has more of them weighing whether to partner with similarly sized rivals.
May 31 -
The Justice Department said Thursday that SunTrust Banks Inc.'s (STI) mortgage-lending unit would pay $21 million to settle charges that it discriminated against minorities seeking loans.
May 31 -
Banks today are searching for ways to increase profitability while also navigating a growing number of regulations that require stronger risk management. The result is that banks are trying to pivot back into growth mode while simultaneously needing to manage their exposure more rigorously.
May 31 -
Preferred Bank (PFBC) of Los Angeles has signed a memorandum of understanding with regulators after a more formal consent order was lifted.
May 31 -
MasterCard Inc. (MA) Chief Executive Ajay Banga said card spending between April and late May rose in the U.S. and abroad.
May 31 -
Fitch Ratings has lowered its outlook on Trustmark Corporation (TRMK) from "stable" to "negative" following Jackson, Miss., company's announcement Tuesday that it is acquiring BancTrust Financial (BTFG) of Mobile, Ala.
May 31 -
More than a quarter of all national residential sales in the first quarter were either a short sale or bank-owned property, according to RealtyTrac.
May 31 -
The Community Mortgage Lenders of America wants the two government-sponsored enterprises preserved in their current form.
May 31 -
After operating exclusively in Massachusetts for more than a century, United Financial Bancorp (UBNK) in West Springfield is making the leap across the state line.
May 31 -
The CFPB plans to make lenders responsible for disclosures and document integrity, even for services they farm out to third parties, such as appraisals, income verification and collections. Compliance vendors smell cash in the water.
May 31 -
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The election inspector determined that the nominee for Stilwell Group was delinquent in turning in a signed master ballot, invalidating most of the firm's votes as it challenged the Renton, Wash., company.
May 30 -
American Banker's metro Washington reporters found themselves working above a crime scene on Wednesday, after a PNC bank branch in the same building was robbed.
May 30 -
What would happen if you took the creativity and user-focused design sensibility of Silicon Valley and applied it to one of the least consumer-friendly industries on the planet — financial services? What is the Apple of budgeting? The Facebook of lending? The Google of bill payment?
May 30





