Consumer banking
Consumer banking
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First Place Financial in Warren, Ohio, hasn't reported any financial results since June 30, 2010. The company is in the midst of restating its results from 2008 through 2010 after a regulator ordered it to increase its loan-loss allowance.
January 6 -
Edwin Hale sold a million shares in the Baltimore company a week after leaving for a meager 2 cents each.
January 6 -
As Global Payments Inc. reported quarterly earnings, the processor announced a deal to purchase CyberSource's U.S. merchant-acquiring portfolio from Visa Inc.
January 6 -
The president visited the offices of the Consumer Financial Protection Bureau on Friday, shaking hands with employees and praising their efforts to stand up the bureau.
January 6 -
New mobile payment player plans a white-label person-to-person offering for community banks.
January 6 -
Shares for United Community Banks Inc. tumbled Friday after the Blairsville, Ga., company said it would record an additional $166.9 million in a deferred tax asset valuation allowance.
January 6 -
A new Citibank application lets users pool rewards points via social media. It could prove attractive to customers and scammers alike.
January 6 -
There's more confusion in the Obama administration's policy response to the foreclosure crisis than an Abbott and Costello routine. Now the Fed steps up to the plate.
January 6 -
He was wrong about Astoria in 2011, but Sandler O'Neill's Mark Fitzgibbon says a focus on multi-family lending and takeover speculation will fuel a run-up in 2012.
January 6 -
The San Francisco retail bank sent unredacted copies of subpoenas, listing Social Security information, to customers named in the documents.
January 6 -
Wells Fargo & Co. has agreed to pay nearly $1 million to Maryland residents who lost their homes to foreclosure after receiving so-called "Pick-a-Payment" mortgages originated by lenders Wells later acquired.
January 6 -
Southside Bancshares Inc. in Tyler, Tex., and Security Federal Corp. in Aiken, S.C., have announced replacements for their longtime chief executives.
January 6 -
In a setback to Citigroup's efforts to divest itself of noncore businesses, talks to sell the bank's OneMain consumer-lending unit to private-equity buyers have ended without a deal in place, according to people familiar with the matter.
January 5 -
Consumers are regularly disappointed when they are drawn into accounts portrayed as "free" and then wind up being socked with fees and charges. Then they tell all their friends.
January 5 -
Hancock Holding Co. has sold an insurance unit as part of a larger agreement with a Florida insurance company.
January 5 -
One day after his appointment as the director of the Consumer Financial Protection Bureau, Richard Cordray sent a clear signal that he intends to move aggressively to enforce the agency's expanded authority.
January 5 -
Consumer Financial Protection Bureau Director Richard Cordray said Thursday that he has appointed Raj Date as the agency's first deputy director.
January 5 -
University Bank in Ann Arbor, Mich., has acquired an additional 37.5% stake in a specialty finance firm in which it already half owned.
January 5 -
Cardinal Bankshares is fighting with an outside investor who wants to oust the company's chairman and CEO or force its sale.
January 5 -
Verizon Wireless was forced to cancel plans to charge for one-time credit card payments. Its misadventure holds a lesson for bankers.
January 5





