Consumer banking
Consumer banking
- Georgia
SunTrust Banks in Atlanta on Friday reported a slight increase in profit that could have been greater were it not for a surge in energy chargeoffs.
July 22 -
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.
July 22 -
Banc of California's second-quarter profits soared on stronger lending and credit quality. The $10.2 billion-asset company increased net income 66% from a year earlier to $26.5 million, it said in a news release Thursday.
July 21 -
Visa and PayPal have been at war for as long as PayPal has existed, and their recent cease-fire could allow both companies to overcome the barriers they have spent years building between the worlds of digital and in-store payments.
July 21 -
BNC Bancorp in High Point, N.C., plans to raise about $55 million through a common stock offering.
July 21 -
Profits rose by 9% at Capital One Financial during the second quarter thanks to strong growth in the firm's credit card and commercial banking businesses.
July 21 -
Visa Inc., the world's largest payments network, posted fiscal third-quarter profit that beat analysts' estimates as customer card spending accelerated. The company said it will buy back as much as $5 billion of its shares.
July 21 -
A progressive group is up in arms against Sen. Tim Kaine, D-Va., after the possible Democratic vice presidential nominee signed letters calling on regulators to tailor rules for community banks.
July 21 -
Regional banks like BB&T, Huntington Bancshares and Citizens Financial are growing through acquisition and targeted business-line initiatives, but they are having to contain spending simultaneously.
July 21 -
North Carolina's second-biggest community bank agreed to sell itself at a rich premium, signaling that the state has become an attractive market for acquirers. Adding an out-of-state bank could also create opportunities for *locals* to poach business.
July 21 -
Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business.
July 21 -
N26, a Berlin startup that offers financial services directly to consumers, said Thursday it's received a German banking license that will let it offer a fuller range of products across Europe.
July 21 -
One of the nations biggest banks and the so-called everything store have joined forces to extend loan discounts to students.
July 21 -
Strong commercial loan growth drove an 8% year-over-year increase in Private Bancorp's second-quarter profit.
July 21 -
Profits rose at Citizens Financial in the second quarter thanks to higher-than-expected fee income and loan growth, including improvements in mortgages and auto finance as well as a continuing surge in student lending.
July 21 -
In markets where consumers spend a substantial amount of income on housing, it's often cheaper to rent than buy. But in these expensive markets, owning a home is more affordable.
July 21 - New York
People's United Financial in Bridgeport, Conn., has agreed to buy a New York wealth-management firm.
July 21 -
Morgan Stanley outlined its plans for deploying automated advice tools, with executives emphasizing that it was only a part of its digital strategy.
July 21 -
HUD reverses course and decides to investigate findings by Inspector General that some DPA programs don't comply with FHA rules.
July 21 -
F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.
July 21





