Consumer banking
Consumer banking
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It's about time banks stop whining about increased regulation and do something to get ahead of it.
February 28 -
Sen. Mark Udall, a Colorado Democrat, has placed a hold on a community bank bill that would increase the 500-shareholder threshold that requires a small bank to register with the SEC. He is conditioning his support on the advancement of a separate bill that would raise the cap on credit union member business lending.
February 28 -
The Wisconsin private equity company, not to be confused with the New York firm, wants more capital to invest in smaller banks. Jon Bruss, the company's CEO, shares his thoughts on banking, private equity and what the future holds for struggling banks.
February 28 -
Wells Fargo & Co. said Tuesday it received a Wells notice from the Securities and Exchange Commission relating to disclosures in its mortgage-backed securities offering documents.
February 28 -
James E. Young, the longtime president and chief executive of Citizens Trust Bank in Atlanta, died on Monday after a brief battle with cancer. He was 62.
February 28 -
SunTrust Banks Inc., which has already lost hundreds of millions after repurchasing bad mortgages, could lose up to $150 million as it deals with the cost of mortgage-servicing problems.
February 28 -
After imposing a raft of new regulations, mortgage regulators are seeking servicing industry input to prevent the latest housing rescue bids from suffering the same dismal fate as their predecessors.
February 28 -
Carlile Bancshares Inc. in Fort Worth announced late Monday that it is acquiring Northstar Financial Corp. in Denton, Texas, and its subsidiary, the $950 million-asset Northstar Bank.
February 28 -
People's United has agreed to pay $3.25 million to acquire Citizens Financial' 52 branches inside Stop & Shop supermarkets on Long Island and elsewhere in New York, plus four traditional branches.
February 28 -
Past reports on industry health showed limited, if any, loan growth, but that changed in the most recent Quarterly Banking Profile.
February 28 -
BankAtlantic Chairman Alan Levan indicated that a court decision to block the sale of the company's thrift unit to BB&T could essentially derail the deal.
February 27 -
The plans provide new details on how banks will address foreclosure errors under consent orders signed last year.
February 27 -
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The Federal Housing Administration is following through with its pledge to increase upfront and annual insurance premiums on its forward single-family business.
February 27 -
The Federal Reserve Board will terminate an agreement with Associated Banc-Corp next month as the Green Bay, Wis., company entered into a different order with another regulator.
February 27 -
Prosperity's agreement to pay $529 million for American State Financial is one of the priciest deals since Comerica agreed to buy Sterling Bancshares more than a year ago, but the reaction to it is much more positive than it was to Comerica's deal.
February 27 -
Southcoast Financial Corp. in Mt. Pleasant, S.C., reported a fourth-quarter loss of $4.8 million, or nearly five times larger than what it lost a year earlier.
February 27 -
Over the past couple of years, the seemingly dull topic of time management has become one that senior managers are showing increased interest in discussing with their teams. I suspect this has as least something to do with the fact that we are asking smaller and smaller branch teams to accomplish more with less.
February 27 -
Banks have been loath to cede any ground to carriers and handset makers in designing mobile wallets, so it seems out of character for JPMorgan Chase and Capital One to support Isis, the carrier-controlled entrant in the mobile payments race.
February 27





