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Fantasy sports sites FanDuel and DraftKings, already facing mounting legal and regulatory scrutiny, ran into more trouble when Citigroup said it was blocking transactions by New York state residents.
February 6 - New York
First Niagara Financial Group in Buffalo, N.Y., which is being sold to KeyCorp, cited restructuring and merger-related charges in reporting a 30% profit decline.
February 5 -
Park Sterling in Charlotte, N.C., has hired Donald Truslow as its next chief financial officer.
February 5 -
Mortgage REIT says five-year transition plan won't have an impact on its financing model.
February 5 -
LendingClub won over debt investors with algorithms that quickly assess borrowers' creditworthiness, making it easy for banks, hedge funds and others to snap up billions of dollars of consumer loans arranged through its online platform. Those algorithms still have some kinks.
February 5 -
HSBC North America Holdings has agreed to pay $470 million to settle allegations it engaged in abusive practices in its mortgage foreclosure, origination and servicing operations.
February 5 -
A Minnesota CU executive earns nod from local news outlet and other credit union professionals in the news.
February 5
- PSO content
The Chinese crackdown on the flow of funds into insurance products in Hong Kong has been extended to global credit-card firms Visa Inc. and MasterCard Inc.
February 5 -
Human error opens the door for most cybersecurity incidents. mBank in Poland, U.S. Bank and Bank of the West are working to make consumers more aware of the dangers of bad online habits.
February 5 -
LAS VEGAS Just 16 months into retirement, well-known credit union veteran Patsy Van Ouwerkerk has joined the team of Las Vegas-based credit union consultancy Mitchell, Stankovic and Associates.
February 5
