Consumer banking
Consumer banking
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JPMorgan Chase & Co. has established a price target for a $500 million term loan it's marketing to institutional investors that Lender Processing Services Inc. will use to refinance debt.
August 3 -
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Prepaid card marketer NetSpend Holdings Inc. reported a 10.3% year-over-year increase in revenue on Wednesday as use of its cards rose.
August 3 -
Congress has expressed deep concern about the regulatory control of banks, yet at the same time wants banks to aggressively finance business and economic growth.
August 3 -
MasterCard is aiming to drive more prepaid card transactions through a deal with Wal-Mart to sell cards that promote shared accounts and bill payment.
August 3 -
While Visa is adding new fees and reducing existing ones to entice merchant routing, MasterCard plans to make changes only on a deal-by-deal basis.
August 3 -
At a time when megabank mortgage servicers are under siege by regulators and consumer groups for their treatment of customers, a small band of specialty servicers is trying to convince Washington that its members can do better.
August 3 -
Fremont Bank's contactless chip cards are safer than magnetic stripe cards, but they require reluctant merchants to open their IT wallets for an upgrade. Sound familiar?
August 3 -
Increases in debit-network fees and favorable changes in foreign currency fueled a 5.4% increase in second-quarter revenue for First Data Corp., to $2.75 billion from $2.61 billion a year ago, the company reported Aug. 3.
August 3 -
American Express Co. has told Industrial & Commercial Bank of China Ltd. it will keep its stake in the lender after entering into a contract to hedge fluctuations in the stock price, Reuters reported Wednesday citing a source with direct knowledge of the matter.
August 3 -
Countries pledge coordination but then go their own ways when it comes to financial regulation. Could it spell the end of global finance?
August 3 -
Rockville Financial Inc. eked out just a small profit in the second quarter after it opted to use the proceeds from its recent second-step conversion to pay down debt and hire new talent.
August 3 -
The Federal Reserve on Tuesday disclosed written agreements with two banks.
August 3 -
The management at Anchor BanCorp Wisconsin Inc. is hoping that another quarter of shrinking losses will bolster its case for attracting fresh capital.
August 3 -
Bank of America Corp. is having preliminary conversations about a home-foreclosure settlement that would reduce the amounts owed by some of its troubled borrowers in exchange for a broad release from legal claims against the lender, said people familiar with the talks.
August 3 -
Higher spending on its credit and debit cards boosted MasterCard Inc.'s second-quarter net revenue by 22.1% from a year earlier.
August 3 -
Fulton Financial said the directors of its $2 billion-asset The Bank in Mt. Laurel and its $1.37 Skylands Community Bank in Chester have agreed to merge.
August 2 -
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HF Financial Corp. in Sioux Falls, S.D., said Tuesday that it expects to revise its results for its fiscal year that ended June 30 downward by $500,000 to $1 million to reflect downgrades in its agriculture portfolio.
August 2 -
Community banks in New York City are building loan books by snagging small to midsize companies overlooked by big retail-focused rivals.
August 2


