Consumer banking
Consumer banking
-
Regulators have terminated two cease-and-desist orders against a small Los Angeles commercial bank after a recapitalization effort and a management shakeup.
January 30 -
The Consumer Financial Protection Bureau released its first semi-annual report to Congress on Monday, outlining the steps it has taken to get the bureau off the ground in its first six months.
January 30 -
CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.
January 30 -
Republic Bancorp and the FDIC seemed to have put last year's legal tussle to rest after reaching an agreement to transfer ownership of Tennessee Commerce Bank.
January 30 -
Banks are pulling a page out of the past and expanding personal installment lending in part to avoid the regulatory burdens in other markets.
January 30 -
The Minneapolis bank said Monday it has a deal to buy UMB's corporate trust business in Indiana. The move jibes with CEO Richard Davis' interest in niche acquisitions.
January 30 -
Frank Petrilli's longtime association with units of Toronto-Dominion has some observers wondering whether he might orchestrate a deal involving his old mates.
January 30 -
The video-game industry is amping up its defenses after hackers penetrated numerous payments systems last year. Banks could learn from watching.
January 30 -
The race for the exits is intensifying among big banks that purchase mortgages from correspondent lenders, creating liquidity issues for loan originators and radically reshaping mortgage servicing.
January 30 -
Sound Financial Inc. in Seattle is planning to take the second step to convert from a mutual holding company to an entirely stock one.
January 30 -
Christopher Willis, a litigation partner at Ballard Spahr LLP who defends banks in consumer finance cases, insists that prevention can still head off most problems. Following are pointers for banks that were pieced together from a discussion with Willis about his firm's watchlist for avoiding documentation troubles.
January 30 -
Banks, collections agencies face a rising tide of challenges that echo the mortgage market's documentation scandal.
January 30 -
Bank of America Corp. intends to shake up its investment-banking leadership and name Christian Meissner to be sole head of that business, said people familiar with the situation.
January 30 -
NCUA liquidated Eastern New York FCU Friday night and assigned the remnants of the one-time $60 million credit union to USAlliance FCU, the $760 million credit union based in the Manhattan suburb of Rye, N.Y.
January 28 -
Oriental Financial Group Inc. in San Juan, Puerto Rico, has created the position of chief risk officer and has tapped its chief financial officer to take on the role.
January 27 -
In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.
January 27 -
WASHINGTON — When weighing financial-aid offers, among students' concerns are how much debt they will have at graduation and how much they will owe in loan payments each month.
January 27 -
Joint federal and state effort to probe securitization practices leading to crisis will include information-sharing.
January 27 -
A unit of Town and Country Financial Corp. in Springfield, Ill., has agreed to buy a branch in Quincy, Ill., from Associated Banc-Corp.
January 27 -
The financial industry's troubles with a controversial type of insurance coverage appear to be spreading to new areas as New York State's Department of Financial Services issues dozens of subpoenas.
January 27





