Consumer banking
Consumer banking
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Premier Bank & Trust in North Canton, Ohio, said that that Office of the Comptroller of the Currency has lifted a consent order after the bank recapitalized and addressed concerns over certain assets.
September 26 -
Two private-equity groups have agreed to invest a combined $100 million in a union-owned, New York bank that intends to use the proceeds to beef up its lending.
September 26 -
About 78% of consumers surveyed are comfortable with their banks using security cameras to improve customer service. Union Savings Bank in Danbury, Conn. is testing this concept.
September 26 -
American Chartered Bancorp in Schaumburg, Ill., has raised $50 million from a group of private equity firms that includes Patriot Financial Partners, Endicott Management Co. and Siena Capital Partners.
September 26 -
Firms controlled by mortgage bond pioneer Lewis Ranieri and billionaire investor Wilbur Ross are partnering to buy Deutsche Bank Berkshire Mortgage, a major lender to investors in U.S. apartment buildings, the companies said Monday.
September 26 -
A top Canadian financial regulatory official Monday warned the country's banks and other financial institutions against lowering interest rates further to spur additional borrowing by consumers.
September 26 -
The prepaid card marketer Green Dot said Monday that it had joined the Payment Card Industry Security Standards Council to participate in the standards-setting process.
September 26 -
The Atlanta Development Authority is shuttering a new homebuyer assistance program because the program's servicer, Bank of America, has decided to exit the correspondent lending business.
September 26 -
McGraw-Hill disclosed Monday the SEC is weighing action against its Standard & Poor's Ratings Services unit tied to its ratings for a collateralized debt obligation dating back to the financial crisis.
September 26 -
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These women some newcomers, and some familiar faces in new roles are on the rise and well positioned to shape the industry for years to come.
September 25 -
Whether they work in insurance, on Wall Street, or at credit card companies, these women are all making a mark on the industry.
September 25 -
State regulators closed a bank on each coast Friday, bringing the failure tally this year to 73.
September 23 -
Bank of America Corp. is negotiating to sell its correspondent mortgage business to a unit of the private-equity firm Fortress Investment Group LLC in New York, according to people familiar with the situation.
September 23 -
In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to an analyst.
September 23 -
Vikram Pandit, Citi's CEO, pushed for greater consumer regulation, including better disclosure by credit card companies and a significant shift in consumer lending.
September 23 -
The acquisition of a small Dallas-area bank has been called off because the buyer was unable to raise enough capital to complete the deal.
September 23 -
From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.
September 23 -
Bill Beckmann took on a job that has become among the most daunting among executive jobs in the mortgage industry: President and chief executive of Merscorp Inc.
September 23





