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Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23 - Puerto Rico
Popular in San Juan, Puerto Rico, reported higher third-quarter profits, as an increase in mortgage banking and lower operating costs.
October 23 -
Twitter Inc. Chief Executive Officer Jack Dorsey is giving a third of his Twitter stock to the company's employees, he said in a tweet Oct. 22.
October 23 -
Quarterly profits fell slightly at Umpqua Holdings in Portland, Ore., because of fewer proceeds from loan sales, tighter margins and other factors.
October 23 -
Lawmakers and industry groups are urging FHA to update condo rules to provide more homeownership opportunities for first-time buyers.
October 23 -
Though the financial crisis forced consumers to focus on socking money away for a rainy day, a recent study suggests that thrift effect is already fading, but credit unions are in a position to help turn that around and build member relationships in the process.
October 23 - New York
First Niagara Financial Group in Buffalo, N.Y., swung from a loss to a third-quarter profit, as it posted growth in business loans and generated more fee income.
October 23 -
The Federal Reserve Board will hold a public meeting Oct. 30 to discuss a proposal that would require the largest and most systemically risky banks to hold capital and unsecured debt to protect taxpayers from issuing bailouts if they should become distressed.
October 23 -
Apple Pay debuted last year as an enabler for many banks that were itching to get involved with mobile payments. But a few banks were able to leap ahead of Apple Pay with their own technology.
October 23 -







