Consumer banking
Consumer banking
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Coming off a strong first quarter in which its profits more than tripled from the same period last year, Western Alliance Bancorp (WAL) in Phoenix may be looking to build up its war chest to keep the momentum going.
May 4 -
A Chicago banker dodges blame for the Cubs' woes, a Florida bank finds a creative way to drive deposit growth, and executives at several companies jumped ship to competitors.
May 4 -
The former Tarp pay master urges banks to head off anger over executive compensation by voluntarily complying with pay standards laid out by regulators.
May 4 -
PENSACOLA, Fla. -- The Escambia County Commission approved the sale of the 240-acre Langley Bell 4-H Center to Navy FCU yesterday for $3.6 million, clearing the way for expansion of the credit union giant’s vast call center, the biggest credit union facility in the nation.
May 4 -
In 2004, I had the unique distinction of being perhaps the only person in history to have the U.S. Senate place a bounty on his head. I didn't rob a train. My crime was leading a federal investigation into misconduct at Fannie Mae.
May 4 -
Five months after terminating its planned merger with one suburban Washington, D.C., bank, Alliance Bancshares in Chantilly, Va., has struck a deal to team up with another.
May 4 -
The prepaid card marketer NetSpend Holdings reported higher revenue in the first quarter, but it reported a loss due to expenses from litigation.
May 3 -
Floyd Stoner, the former chief lobbyist for the American Bankers Association, has joined the board of $1.4 billion-asset Orrstown Financial Services in Penn.
May 3 -
The Treasury Department said Thursday it plans to auction off pools of the preferred stock it owns in small banks through the Troubled Asset Relief Program.
May 3 -
Coastal Banking Company in Beaufort, S.C., has become the latest community bank to take advantage of a new law that relieves small banks from the burden of filing financial reports with the Securities and Exchange Commission.
May 3 -
A day after top bankers met with Federal Reserve officials, JPMorgan Chase CEO Jamie Dimon blamed policymakers for stalling banking's recovery by "shooting ourselves in the foot."
May 3 -
EverBank had to lower its expectations to raise capital, solidifying a belief that banks will find it difficult going to public markets anytime soon.
May 3 -
Ellie Mae nearly doubled its revenue in the first quarter of 2012, turning net income of $3.6 million, compared to a net loss of $800,000 in the year-over-year quarter.
May 3 -
A "major portion" of small commercial-property deals in the U.S. have fallen through because of stricter lending standards, according to a National Association of Realtors survey.
May 3 -
Industry groups are calling on CFPB to lower the thresholds it will use to designate which firms will be included in its nonbank supervision program.
May 3 -
The Justice Department's antitrust division is probing Visa's new pricing system, signaling that regulators are still paying very close attention to how Visa and MasterCard set the fees for accepting and processing debit cards.
May 3 -
CenterState Banks (CSFL) in Davenport, Fla., is planning to merge its two subsidiary banks into a single bank as part of its ongoing effort to trim overhead and improve efficiency following its recent string of acquisitions.
May 3 -
Anthony Renzi weighed a position with private equity investor Wilbur Ross’ fast-growing mortgage empire before opting this week to leave Freddie Mac for a senior mortgage job with Citigroup.
May 3 -
C1 Bank in Tampa will give a Mercedes to customers who buy a $1 million, five-year CD.
May 3 -
The golf tournament has endured a tumultuous decade since Wachovia created the event to put itself on the national stage. Controversial deal negotiations have occurred there, it drew criticism from bank-bailout critics, and its name changed twice after Wells acquired Wachovia.
May 3





