Consumer banking
Consumer banking
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Canada has shut the door on attempts by the country's chartered banks to enter the auto leasing business, says the association representing car dealers.
August 24 -
Ag banks and superregionals will be on the rise, many community banks and branches will have disappeared, and three mini-financial crises will have occurred, a roundtable of experts said when asked to predict banking in 2036.
August 24 -
The industry's criticism of the agency does not apply when it comes to nonbank supervision.
August 24 -
Small banks continued to withdraw credit from small businesses in the second quarter, but data indicates that large banks opened up the spigot on small business credit cards.
August 24 -
Prepaid company NetSpend, which has struggled to grow since its successful IPO last year, is being increasingly talked about as an acquisition target.
August 24 -
It seems everyone in community banking knows the model needs to evolve, but few have any great ideas on how to do it. One thing does seem certain: standing still is not an option.
August 24 -
City Holding Co. in Charleston, W.Va., said Tuesday that it has agreed to pay $3 million to settle a class-action suit in which depositors accused the $2.7 billion-asset company of improperly assessing overdraft fees.
August 24 -
First BanCorp's bid to raise more than $560 million of fresh capital hit a snag this week after the San Juan, P.R., company failed to obtain enough shareholder votes to proceed with its plan to issue 150 million of new shares.
August 24 -
Fifth Third is offering a payment card that lets users pay from either a credit or debit account.
August 24 -
Continuing its aggressive expansion in the Southeast, Renasant Corp. in Tupelo, Miss., has set up shop Tuscaloosa, Ala., and brought in two former BB&T Corp. to build up its customer base there.
August 24 -
LONG ISLAND CITY, N.Y. – United Nations FCU reported its headquarters has received the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design program Silver certification for its energy-saving, eco-friendly programs.
August 23 -
"What fresh hell is this?" to quote the sharp-witted Dorothy Parker. American banking has coped with unprecedented troubles in the last couple of years and now face an interesting new twist — negative interest rates. The notion may disturb our very capitalistic core, but there is no need for panic...yet.
August 23 -
With at least 30 banks in the Chicago area on the brink of failure, a crew of ex-LaSalle bankers have formed Front Street to start shopping on their old turf.
August 23 -
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San Francisco's city attorney said Bank of America Corp. agreed to a $5 million settlement of a suit over its use of the National Arbitration Forum to handle credit card disputes.
August 23 -
Community Choice Financial Inc., a payday-loan company backed by a New York private equity fund, filed for a $230 million initial public offering this week, expanding some sources of consumer lending as traditional banks face new regulatory restrictions.
August 23 -
ATM makers will have to start building chip-card acceptance into their machines soon, even though they are not one of the groups Visa targeted in its incentive plan for chip-card conversion in the U.S.
August 23 -
Mark Furlong, head of the Canadian bank's expanded U.S. unit, predicts its commercial lending may expand this year but overall lending will keep shrinking into next year.
August 23 -
Most banking agencies kept running on Tuesday after a 5.8 magnitude earthquake rattled Washington, but let some employees go home. There were no immediate reports of damage to any of the buildings.
August 23 -
The FDIC charged executives of the failed Silverton Bank with squandering millions on planes, posh digs, and island retreats.
August 23







