Consumer banking
Consumer banking
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Last year, United Community flirted with the notion of exiting the Tarp and buying failed banks. Now management is talking about major cost cutting as it struggles to post sustainable profits.
January 27 -
The head of consumer payments at Google Inc., who was working on the company's mobile wallet, has resigned.
January 27 -
Citizens Republic Bancorp Inc.'s total loan portfolio shrunk $500 million last year, but it entered 2012 with big strides in commercial and industrial lending.
January 27 -
Banks are going to new lengths to burnish their image in the public eye, with Wells Fargo & Co. now taking its very own red carpet moment.
January 27 -
MB Financial Inc.'s fourth-quarter results fell shy of Wall Street's expectations, but things are still looking up for the Chicago company.
January 27 -
West Coast Bancorp in Lake Oswego, Ore., benefitted greatly in the fourth quarter after reversing its remaining deferred tax asset valuation allowance.
January 27 -
Banks begin turning to Facebook and other sites to size up customers. Regulations require that they proceed with caution.
January 27 -
The overall success of the small to mid-sized business (SMB) market remains pivotal to the full economic recovery.
January 27 -
Provident Financial Services Inc. reported that its fourth-quarter earnings rose 23% from a year earlier, to $14.9 million, because of an increase in net loans.
January 27 -
Hancock Holding Co.'s fourth-quarter results included hefty costs associated with buying Whitney Holding Corp.
January 27 -
Bank of America Corp.'s Chief Executive Friday reiterated he doesn't think the bank needs to make new acquisitions.
January 27 -
The Monrovia, Calif., prepaid card company plans to roll out the bank account with a traditional debit card later this year, chief executive Steve Streit told American Banker.
January 26 -
Discover Financial Services is anticipating a joint enforcement action from the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau over the marketing of its credit card payment protection products, the company disclosed in a regulatory filing posted late Thursday afternoon.
January 26 -
Alliance Data Systems Corp. said Thursday that it had renewed its agreement to provide private-label credit card services to retailer Reeds Jewelers.
January 26 -
Green Dot Corp.'s fourth-quarter net income rose 76% from a year earlier, to $14.0 million, the prepaid card company said on Thursday evening.
January 26 -
SVB Financial Group's fourth-quarter net income was more than double what it earned a year earlier, at $35.6 million.
January 26 -
AGs and liberal groups that have withheld support for settlement are hailing the new task force announced in the State of the Union.
January 26 -
Walter J. Owens, the head of TD Bank's corporate and specialty lending, has left the company as part of an internal restructuring, a bank spokeswoman said on Friday.
January 26 -
Improved asset quality helped Boston Private Financial Holdings Inc. return to the black in 2011 despite declines in revenue.
January 26 -
Glacier Bancorp Inc. in Kalispell, Mont., reported higher earnings after it purged bad loans off its books.
January 26



