Consumer banking
Consumer banking
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PL Capital is raising money for a new fund that'll target banks with up to $75 billion of assets, after 20 years of sticking to just community banks with less than $3 billion of assets. In this Q&A, Richard Lashley explains why activist investors are eyeing bigger banks now and how banks can avoid his kind.
January 31 -
The hedge fund Bluestone Financial Partners has investments in a handful of banks that it views as takeout targets, but its founder, Ted Peters, says he would never agitate for a sale. Here's why he values the pacifist approach.
January 31 -
Univest believes its subscription-based pricing model may have solved a persistent fee conundrum charging small-business customers for various services without irking them.
January 31 -
The public focus on whether Ally should pursue a sale has obscured other issues being raised by the firm's unhappy shareholders.
January 31 -
A rush of bank M&A is welcome news to activist investors, who typically make money when banks make improvements and sell to bigger institutions. Here is a look at six firms that have stood out in recent years for pressuring management teams and boards to enhance value for shareholders.
January 31 -
Bank of America is preparing to submit 20 blockchain-related patents any day now to the U.S. Patent and Trademark Office, CNBC reported this week, citing a company spokesperson.
January 29 -
Fourth-quarter profit improved at Investors Bancorp, as the Short Hills, N.J., company originated more multifamily, business and commercial real estate loans
January 29 -
CoBiz Financial in Denver postponed a conference call to discuss its fourth-quarter earnings, after an $11.2 million loan was downgraded and placed into nonaccrual status.
January 29 -
HSBC is testing a new money management app that uses push notifications to nudge customers into saving more and spending less.
January 29 -
It's easier than ever for consumers to take out personal loans to pay down high-cost debt or fund big-ticket purchases, and two new studies show that they are taking full advantage of their options.
January 29 -
Banks' vocal opposition to the National Credit Union Administration's proposal to ease field-of-membership rules overlooks why changes are necessary and long overdue.
January 29 -
United Guaranty's spinoff from American International Group will result in changes to its capital structure that could shake up the competitive landscape in the private mortgage insurance market.
January 29 -
Federal and state banking regulators are still struggling with how to come to grips with banks whose clients are heavily involved in digital currencies like bitcoin and that may be curbing interest from many in the financial industry.
January 29 -
HSBC said a cyber attack temporarily shut down its Internet banking on Friday, the second time the bank's online services have been disrupted in the U.K. this month.
January 29 -
Wisconsin lawmakers are reviewing a plan to allow employees of licensed debt collection companies to work from home.
January 29 -
It took several weeks, but deposit prices are inching up at a number of banks. Still, most increases will likely be minor until the Fed enacts more rate increases.
January 29 -
Prospect Medical Group, a California-based hospital chain, is one of the first healthcare providers sued since the FCC clarified TCPA language last July concerning auto-dialing cell phones, consent to call and calling wrong numbers.
January 29 -
TFS Financial in Cleveland reported higher fourth-quarter profit, citing a $1 million negative loan-loss provision.
January 29 -
The potential for more convergence between financial products and physical products raises a whole host of data and privacy issues that banks must deal with proactively.
January 29 -
Powered by double-digit gains in both interest and fee income, WSFS Financial in Wilmington, Del., reported a profit of $14.4 million in the fourth quarter, up 9.3% from the fourth quarter of 2014.
January 29







