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WASHINGTON President Obama on Wednesday named Thomas Donilon, the former national security adviser, to chair a special commission to develop a long-term cybersecurity strategy.
February 17 -
The Federal Housing Finance Agency is launching a 10-day social media campaign, #HARPNow, to alert struggling homeowners in 10 states that they can still refinance via the program before it expires at year-end.
February 17 -
About 10% of midsize businesses say they want to develop a relationship with nonbank providers, such as marketplace lenders or business development companies, and even more are said to be considering switching banks.
February 17
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WASHINGTON The Federal Deposit Insurance Corp. is moving forward with a plan to force big banks to keep better track of their insured deposits.
February 17 -
Pathfinder Bancorp in Oswego, N.Y., has exited the Small Business Lending Fund program.
February 17 -
Several money managers increased their holdings in banking companies during the fourth quarter and added new investments in other banks.
February 17 -
Kelly King, BB&T's CEO, said his company is keen on eventually buying banks between Alabama and Texas, though his team would need to have frank discussions with any targets before pursuing a deal.
February 17 -
Despite the rise of digital banking, most people still look to physical channels when opening accounts. That's partly due to consumer preference, but banks have a long way to go to make the digital sales experience smooth.
February 17
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The NCUA's plan to expand credit unions' business-lending powers generated more than 3,000 comment letters, mostly from bankers urging a "no" vote. But the agency's board is expected to stick by its original proposal.
February 17
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Pen Air Federal Credit Union in Pensacola, Fla., has tapped NCR to help it expand digital banking offerings.
February 17
