Consumer banking
Consumer banking
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The Consumer Financial Protection Bureau said it plans to follow the Justice Department's lead in pursuing fair lending violations when a policy has a disparate impact on a group of borrowers, unintentional or not.
April 18 -
A proxy battle at First Financial Northwest has gotten nasty after an activist investor labeled the company's leaders as "idiots" who are "deficient in judgment or lacking in character."
April 18 -
The pace of bank failures will slow considerably this year as the industry continues to recover from the real estate bust, according to the acting head of the Federal Deposit Insurance Corp.
April 18 -
Banks are clamoring to lend to the most creditworthy small businesses, even as credit availability remains broadly limited.
April 18 -
Cathay General Bancorp of Los Angeles reported first-quarter earnings of $24.8 million, up roughly 38% from a year earlier, as credit quality improved
April 18 -
Citigroup said late Tuesday that it takes "seriously" the shareholder vote rejecting the bank's executive compensation plans, and that it will meet with some investors to understand their concerns.
April 18 -
We are in danger of a harmful proposal, which could be implemented this week. The proposal by the U.S. Department of Treasury and the Internal Revenue Service would require all banks located within the United States to report interest payments made to nonresident alien depositors. The IRS in turn would exchange this information with foreign governments for data about Americans in those countries.
April 18 -
PNC Financial Services Group Inc.'s (PNC) first-quarter profit fell 3.8% as the lender saw higher noninterest expense, masking a sharp decline in credit-loss provisions.
April 18 -
Bank of New York Mellon Corp.'s (BK) first-quarter earnings fell 1% from a prior-year period that didn't have a credit loss provision as the trust bank's fee revenue also dipped.
April 18 -
West Virginia Attorney General Darrell McGraw filed a lawsuit Tuesday against seven unlicensed debt collection agencies he accuses of using unfair tactics to receive money from consumers.
April 18 -
Huntington Bancshares Inc.'s (HBAN) first-quarter earnings rose 21% reflecting the continued improvement of credit quality.
April 18 -
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TAMPA, Fla. – USF FCU, which serves the University of South Florida, recently worked with USF Health to place an ATM in the hospital’s new downtown medical research center--the Center for Advanced Medical Learning and Simulation.
April 17 -
A group of fair housing advocates said Tuesday it plans to file a discrimination complaint against U.S. Bancorp, claiming the bank failed to maintain and market real estate-owned properties in minority neighborhoods.
April 17 -
Fulton Financial (FULT) in Lancaster, Pa., said Tuesday that its first-quarter earnings climbed nearly 13% from the same period last year, to $38.1 million, as strong refinancing activity, improved asset quality and sharply lower funding costs more than offset sluggish commercial loan growth.
April 17 -
U.S. Bancorp and Comerica produced strong loan growth in the first quarter, but sustaining it partly will depend on converting commercial loan commitments into loans — something, they say, that is easier said than done.
April 17 -
In a complex move, BNC Bancorp (BNCN) in High Point, N.C., is seeking to change its private equity partner's ownership position in order to boost its capital levels.
April 17 -
BNC Financial Group of New Canaan, Conn., has hired former NewAlliance Bancshares Chief Executive Peyton R. Patterson as its new CEO.
April 17


