Consumer banking
Consumer banking
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Canadian Imperial Bank of Commerce stands by its cash-and-stock bid to buy U.S. lender PrivateBancorp and is willing to wait out a market rally to complete the deal, Chief Executive Officer Victor Dodig said.
December 12 -
While other banking laws may be headed to the chopping block, the Community Reinvestment Act can address the needs of communities defined by their economic struggles.
December 12 -
In a move to boost recruitment and retention while keeping up with the corporate Joneses, American Express said it will offer 20 weeks of paid leave to any U.S. employee of either gender who has a child through any means, including adoption and surrogacy. Birth mothers will get an additional six to eight weeks of paid medical leave on top of that.
December 12 -
A New Jersey investor has received approval from the Federal Reserve to significantly boost its stake in MSB Financial in Millington, N.J.
December 12 -
Manufactured housing advocates are "guardedly optimistic" that the Federal Housing Finance Agency will soon issue a long-awaited final rule that they hope will expand the secondary market for mobile homes.
December 12 -
Ally Financial is now making home loans.
December 12 -
The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.
December 12 -
HomeTrust Bancshares in Asheville, N.C., has agreed to buy United Financial of North Carolina, a municipal lease finance company based in Fletcher, N.C.
December 12 -
Orrstown Financial Services in Shippensburg, Pa., has acquired Wheatland Advisors in Lancaster, Pa.
December 12 -
Federal banking regulators are dismissing claims that they are pressuring banks to cut ties with payday lenders, arguing that the lenders' recent request for a court order against the agencies rests on erroneous speculation and bad legal arguments.
December 9 -
After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.
December 9 -
Large banks will soon launch Zelle, their person-to-person payments app. Will it succeed or will it be another name on a growing list of such platforms that never panned out?
December 9 -
As regulators open the door to fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.
December 9 -
A flood of fintech companies are promising to create a better experience for mortgage borrowers, forcing lenders to contemplate buying a vendor's software, building applications in-house or even outright acquiring a company with digital expertise.
December 9 -
Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.
December 9 -
Despite gains for the legalization effort in the November election, the disconnect between federal and state law preserves uncertainty for banks catering to pot businesses.
December 9 -
A California bank is planning to add mortgages and home equity lines to its product set.
December 9 -
SmartFinancial in Knoxville, Tenn., has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta.
December 9 -
Lakeland Bancorp in Oak Ridge, N.J., has filed the paperwork to sell up to $50 million shares of common stock.
December 9 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
December 9





