Consumer banking
Consumer banking
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Two Fulton Financial shareholders shared their displeasure with the company at its annual meeting, slamming a decision to award a $1.2 million cash "retention" bonus to its CEO, Scott Smith, even though he's retiring at the end of the year.
May 1 -
JPMorgan Chase is working with LivingSocial, a daily deals provider that competes with Groupon, to provide a credit card that rewards consumers for the money they spend on discounts.
May 1 -
Independent Bank Corp. (INDB) of Rockland, Mass., has agreed to acquire Central Bancorp (CEBK) of Somerville, Mass., for $54.8 million in cash and stock.
May 1 -
Mortgage industry veteran Tony Renzi, who joined Freddie Mac last spring as part of a major organization at the GSE, has resigned from the company effective May 11, according to a new SEC filing.
May 1 -
While having dinner with a couple of old banker friends recently, our conversation turned to a consistent challenge many management teams face. It started when one friend shared that he was recently in a meeting in which his bank's "revised" incentive plan for branch managers and frontline employees was being explained.
May 1 -
Like any self-conscious Chicagoan, Ed Wehmer is hoping his actions – in this case an advertising campaign at Wrigley Field – aren’t perpetuating the Chicago Cubs’ curse.
May 1 -
A common thread emerged from this year's list of the top innovators in financial services: Much of the new technology is designed to help financially distressed people.
May 1 -
With the financial industry pulling out of its slump, on-campus recruiting by banks is back on the upswing. But now, it's the interviewees who are asking some of the toughest questions.
May 1 -
Proximity to centers of power lure banks to seats of state government.
May 1 -
In an interview, the director of Consumer Financial Protection Bureau, Richard Cordray, discusses rulemaking, nonbank supervision, fair lending enforcement, and how the CFPB can settle into its role while it remains a political hot potato.
May 1 -
With strong ledgers and creative management, many commuity bankers are proving they can thrive despite greater regulatory hurdles and the ever-present threat of large banks.
May 1 -
Retail banks are trying a playful approach to communicating with customers on some very serious matters.
May 1 -
The best performers among banks and thrifts with less than $2 billion of assets aren't just marginally better than their overall peer group — they're more than twice as good.
May 1 -
PacWest Bancorp (PACW) will buy American Perspective for $58 million in cash, trumping a $44 million offer that Umpqua Holdings (UMPQ) made for the San Luis Obispo, Calif., company just a month earlier.
April 30 -
FENTON, Mo. – Alliance CU has opened its new Personal Service Branch located in O’Fallon, Mo., which has no traditional teller lines.
April 30 -
GREENWOOD VILLAGE, Colo. – Bellco CU on Saturday will stage a Cinco de Mayo-themed party to celebrate the opening of its 18th branch, in Lone Tree.
April 30 -
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This is the year when bank shareholders started saying "enough" to gigantic CEO pay packages and giving a stinging thumbs-down to certain banks. Paul Hodgson, a senior research associate at GMI Ratings, sums up this year's early proxy-season pay trends and offers insights into what's ahead.
April 30 -
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Hampton Roads Bankshares (HMPR) of Norfolk, Va., has found new buyers for three of its Gateway Bank & Trust branches it had previously agreed to sell to ECB Bancorp (ECBE).
April 30



