Consumer banking
Consumer banking
-
When a judge blocked BankAtlantic's complicated deal to sell the healthy portion of its thrift to BB&T, it was the third so-called good bank/bad bank deal in Florida to get hung up.
February 29 -
A key financing partnership for Ally Financial Inc. could be at risk as part of Chrysler Group LLC's review of its lending programs.
February 29 -
When the 14 biggest mortgage servicers signed consent orders last April over foreclosure misdeeds, they hoped the deal would indemnify them against further claims. Regulators now appear unlikely to grant them blanket immunity.
February 29 -
Regulators say risk-based capital is the ratio they most want to see strengthened, community bankers say. That's a problem because minimum requirements could rise and examiners are said to exercise broad discretion in enforcement.
February 29 -
The expanding array of U.S. cards that use the secure EMV standard now includes the first cobranded hotel card equipped with a chip to make overseas travel easier.
February 29 -
Bank of America has added a new investment offering to its Merrill Edge program for mass-affluent investors, the bank announced Wednesday.
February 29 - WIB PH
Terri Dial, a former top executive at Wells Fargo & Co. and Citigroup Inc. and widely regarded as one of the industry's most influential women, died Tuesday in Miami. She was 62.
February 29 -
American Express announced Tuesday a new Facebook application that allows the social network's users to send and receive funds.
February 29 -
Now that PayPal is rolling out its point of sale payment system to all Home Depot Inc. stores, the payments company must make sure its terms are good enough to keep its most prominent retail partner happy.
February 29 -
Pacific Mercantile Bancorp in Costa Mesa, Calif., has restructured its planned stock sale to an institutional investor in a move that will save it almost $1 million and increase a key capital ratio.
February 29 -
The housing market meltdown has foreign governments and banks shying away from bonds backed by American home loans. But individual foreign buyers are taking advantage of the crash to snap up U.S. bargains at a record clip.
February 29 -
Julian, a Wachovia alum, will succeed Kevin McCabe, who plans to retire at midyear.
February 29 -
Several days after regulators began publicly touting a $25 billion deal with mortgage servicers, details remain under wraps. Now big banks' securities filings are offering new clues.
February 29 -
BancVue of Austin, Texas is exiting the credit card business in order to devote more attention to its primary business of helping banks and credit unions attract more customers through high-yield checking and savings products.
February 29 -
Fannie Mae, in a new SEC filing, says that in late January it cut off Bank of America from selling most types of loans to the GSE because of "delays" by the lender in making good on outstanding buyback requests.
February 29 -
U.S. Bancorp in Minneapolis has tapped long-time Chicago banker Marsha Cruzan as the new president of its Chicago-area operations.
February 29 -
Fannie Mae will request another $4.6 billion in U.S. government aid after posting a $2.41 billion loss in the fourth quarter, the mortgage finance company said Wednesday.
February 29 -
Boston Private Financial Holdings Inc. has put some of its excess capital to work by repurchasing 5.4 million warrants in a move that would eliminate potential dilution.
February 28 -
First California Financial Group Inc. in Westlake Village, Calif., has agreed to buy a small California bank about a month after announcing that it had hired an investment bank to explore its options.
February 28 -
Barclays' U.S. unit became the latest credit card lender to benefit from Bank of America Corp.'s crash diet, as it bought a $1.3 billion Sallie Mae credit card portfolio.
February 28





