Consumer banking
Consumer banking
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Banks spend a great deal of money remodeling branches. Many fork over tens of millions of dollars on remodel initiatives every year, and some of the largest banks will spend over $100 million.
March 30 -
Legislators are considering a proposed tax overhaul that would move $30 million of taxes from community banks to larger banks. With smaller bills, community banks say they can lend more.
March 30 -
Porter Bancorp's loss for last year widened after the Louisville, Ky., company increased its loan-loss provision by $8.8 million.
March 30 -
First Mariner Bancorp has warned investors that it is in danger of failing.
March 30 -
U.S. Bancorp is pulling out of the private student loans market, as banking regulators step up their scrutiny of the products. JPMorgan Chase is also cutting back on student lending.
March 30 -
BancTrust Financial Group (BTFG), a troubled Mobile, Ala., company that is looking for a buyer, has bought itself time to find one after reaching a deal to delay interest payments on a $20 million loan outstanding to the Federal Deposit Insurance Corp.
March 30 -
Toronto-Dominion Bank (TD) may be based in Canada, but its U.S. operations have become increasingly important to the future of the company — and of its employees.
March 30 -
The Justice Department's latest fair lending report shows the agency has no signs of slowing its enforcement activity, which peaked in 2011 with the help of banking regulators.
March 30 -
A federal judge rejected an attempt by the Securities and Exchange Commission to compel Wells Fargo to comply with an administrative subpoena, ordering the agency and the bank to meet to resolve their dispute over documents related to an MBS probe.
March 30 -
NetSpend Holdings launched a prepaid MasterCard developed with entertainment conglomerate BET Network.
March 30 -
Big banks' sales of unreliable card records to collections agents raises questions about who's responsible for making sure payment demands are legitimate and whether a legal or regulatory backlash is on the way.
March 30 -
Toronto-Dominion plans in the coming years to find Ed Clark's successor from within. Colleen Johnston, its chief financial officer, seems to have a strong shot but downplayed speculation in an interview.
March 30 -
New York Community Bancorp Inc. (NYB) has agreed to take on $2.3 billion of deposits from Aurora Bank FSB, a former mortgage arm of Lehman Brothers that has been winding down.
March 30 -
A data breach at a card processor may have affected more than 10 million Visa and MasterCard accounts, security expert Brian Krebs reported Friday on his blog.
March 30 -
From prepaid cards to checking to mortgages, simplified disclosures are on the way. For bankers, that means adopting new revenue models fast.
March 30 -
Three weeks after completing an acquisition for one small Pennsylvania bank, S&T Bancorp in Indiana, Pa., has struck a deal for another.
March 30 -
The Treasury Department is looking to fully vacate its role as a common shareholder of Central Pacific Financial in Honolulu.
March 30 -
Accounts that B of A won't vouch for gain new life in the hands of collections firms.
March 29 -
A three-year legal odyssey raises questions about whether banks are pursuing meager revenues at the risk of serious errors, damage to reputations.
March 29 -
More than 20 banks in the state are still in the Treasury Department's program with limited options to get out. Selling could be the best solution, industry observers say.
March 29






