Consumer banking
Consumer banking
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A coalition of activists, clergymen, union advocates and residents from across the country is planning to hold a large demonstration at the Wells Fargo annual meeting on Tuesday.
April 23 -
Reduced expenses and a lower provision for credit losses helped boost West Coast Bancorp's first-quarter net income by nearly 14% from the same period last year, to $5.4 million.
April 23 -
Buyers and sellers still cannot agree on price, the heads of six acquisition-minded banks said in first-quarter earnings calls.
April 23 -
A number of banks are asking shareholders to convert preferred shares to common stock to lift tangible common equity ratios.
April 23 -
Northwest Bancshares, of Warren, Pa., said Monday that earnings for the quarter that ended March 31 fell 12% from the same period last year, to $15.2 million, as low yields on loans suppressed interest income and losses on foreclosed property ate into noninterest income.
April 23 -
You've heard the philosophical question: If a tree falls in the woods and no one is there to hear it, does it make a sound?
April 23 -
For differing reasons, parties in at least two cases are seeking appeals courts to weigh in on so-called "business judgment" rules, which would have a significant effect on FDIC lawsuits against bankers at failed institutions.
April 23 -
Shares of S&T Bancorp (STBA) fell sharply Monday after the Indiana, Pa., company reported first-quarter earnings that missed estimates by a wide margin.
April 23 -
Shareholders of SunTrust, BB&T and PNC will vote on say on pay, quiz executives on future plans.
April 23 -
Riverview Bancorp of Vancouver, Wash., expects to record its second consecutive quarterly loss after significantly increasing its loan-loss provision.
April 23 -
Bank of Hawaii (BOH) of Honolulu reported first-quarter earnings of $43.8 million, up roughly 3% from a year earlier, as loan balances rose and credit quality improved.
April 23 -
Fueled by record revenues from mortgage banking, Washington Trust Bancorp (WASH) in Westerly, R.I., reported a record $8.4 million profit in the first quarter, an increase of 24% over the same period in 2011.
April 23 -
Mortgage refinance activity contributed to higher earnings at the Atlanta bank, but sustained success will "depend on a lot of variables," CEO Rogers says.
April 23 -
A quick read of a recent New York Times story could suggest a tidal move back into subprime lending. But a closer look reveals a major exception: before the crisis, consumers with weak credit were warmly invited to borrow on unsecured bank credit cards. No more.
April 23 -
Wells Fargo & Co. is considering opening a bank branch in India but has yet to make a formal decision on whether to apply for a branch license to the Reserve Bank of India, a senior executive said Monday.
April 23 -
With the CFPB looking broadly at third-party relationships, lenders need to know the qualifications of anyone handling an account for them. Giving carte blanche to middlemen to hire car repossession agents may no longer be an option.
April 23 -
Federal regulators ended a three-week hiatus by shuttering a small New Jersey thrift on Friday.
April 20 -
Raj Date, the deputy director of the Consumer Financial Protection Bureau, said Friday that the agency wants to avoid creating "disincentives" for mortgage lenders and banks as part of the qualified mortgage rule.
April 20



