Consumer banking
Consumer banking
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U.S. Bancorp and Fifth Third are eyeing small deals that would make them bigger players in markets they are already in, executives say. It sounds like a good idea for them and others, but will banks stick to it?
December 8 -
Word had leaked (ha, ha) that Coca-Cola had removed its secret formula from its longtime home, a SunTrust vault. Coke on Thursday quelled the speculation about where it's going — its own museum. Though more publicity stunt than material change, the move underscores how modern times are reshaping the historic bonds between the beverage giant and its bank.
December 8 -
The Federal Reserve Board said Thursday that it had approved Brookline Bancorp Inc.'s acquisition of Bancorp Rhode Island Inc. in Providence, R.I.
December 8 -
The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.
December 8 -
Cardtronics has agreed to replace the ATMs deployed at National Lumber & Hardware locations in Puerto Rico.
December 8 -
Fiserv has inked an agreement with Sunrise Community Banks to provide processing services for general-purpose reloadable prepaid debit and gift cards.
December 8 -
U.S. credit card delinquency rates, riding at their lowest levels in 17 years, likely will decline further next year as consumers continue to make on-time payments and maintain relatively low account balances, according to a new forecast.
December 8 -
Peoples Bancorp of North Carolina Inc. in Newton said that Tony Wolfe, its longtime president and chief executive, will retire late next year.
December 8 -
Roundtable panelists discuss the potential for more lending in 2012 and what areas seem well suited for community banks.
December 8 -
The Attorneys General of California and Nevada are combining their investigative forces to combat misconduct and fraud within the mortgage industry against state homeowners.
December 8 -
As retail bankers struggle to mend their reputations and relationships with their increasingly disgruntled customers, some executives are confronting the problem more directly than others.
December 8 -
JPMorgan Chase & Co. said Thursday the bank has repurchased $8 billion of common stock and warrants as of Sept. 30.
December 8 -
LEBANON, Ore. – Linn-Co Federal Credit Union has undertaken a renovation of its three branches to reflect the local market’s relationship with the timber industry, local rivers and its status as the “grass-seed king of the world.”
December 7 -
American Express Co. has seen strong growth in Asia and is continuing to find partners for its global network services unit, which processes credit card transactions for banks, chairman and chief executive Ken Chenault said on Wednesday.
December 7 -
S&T Bancorp Inc. in Indiana, Pa., said Wednesday that it had redeemed its preferred stock that it sold to the Treasury Department as part of the Troubled Asset Relief Program.
December 7 -
WASHINGTON — Key congressional backers of a 2009 law that strengthened consumer protections for credit-card users are now concerned that the Federal Reserve Board has gone too far with regulations that could restrict credit to stay-at-home mothers.
December 7 -
Massachusetts Attorney General Martha Coakley, who last week filed a lawsuit against Ally Financial alleging that the firm pursued foreclosures illegally, is now asking Congress to investigate the firm's conduct.
December 7 -
First Niagara's plan to pay for nearly 200 HSBC branches has diminished the deal's promise, put new burdens on the bank and its investors and lowered CEO John Koelmel's profile on Wall Street.
December 7 -
The Treasury Department on Wednesday said it may permanently reduce incentive payments for JPMorgan Chase unless it makes much-needed improvements to its performance in the Home Affordable Modification Program.
December 7 -
Three state banking commissioners — Mark Kaufman of Maryland, James Cooper of Indiana and John Ducrest of Louisiana — said Wednesday that heightened regulatory, economic and policy concerns are deterring worthy state-chartered banks from winning big investors.
December 7



