Consumer banking
Consumer banking
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Banks seldom refinance student loans, but Citizens Financial consumer finance head Brendan Coughlin said that refis have become a cornerstone for his bank and that it has the niche all to itself.
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The marketplace lender LoanDepot has securitized $150 million of its unsecured personal loans.
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Peoples Bancorp in Marietta, Ohio, plans to increase reserves by $6.6 million to cover four commercial loans that it's moved to impaired status.
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The once-prolific acquirer had been on the sidelines for more than three years while under the ownership of National Australia Bank. But it said when it was spun off from NAB that it was mulling acquisitions and on Monday it announced a deal to buy rival HF Financial for $139.5 million.
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Add retail customers to the list of groups raising concerns about possible high-pressure product-sales tactics at Wells Fargo; many of them are considering jumping ship in response, according to a new survey of customer attitudes at big banks. However, Wells' rivals shouldn't celebrate they are at risk of losing customers, too, for a variety of reasons.
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NexBank in Dallas has bought College Savings Bank in Princeton, N.J.
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Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.
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The prepaid card giant Green Dot is getting into the matchmaking business.
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WASHINGTON Community banks are poised to score a big win after details about negotiations over a major highway spending bill emerged Tuesday.
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The Iowa Court of Appeals has ruled that Capital One Bank (USA) didnt violate an Iowa debt collection law by pursuing debt without registering with the state as a debt collector.
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PRA Group announced Monday that Michelle Link, the companys chief human resources officer, has been named to Human Resource Executive magazines 2015 HR Honor Roll.
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The management team of R3 CEV thinks blockchain is going to revolutionize the financial services industry.
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Premara Financial in Charlotte, N.C., has raised $8.5 million in a stock offering and plans to exit the Small Business Lending Fund program.
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JPMorgan Chase plans a venture with a peer-to-peer lender to small businesses, Chief Executive Officer Jamie Dimon said.
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A report from The Commonwealth Fund indicates consumers are reporting problems affording healthcare as a result of high premiums while the perception of the difficulty also influences care decisions.
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Achieva Credit Union in Dunedin, Fla., has received regulatory approval to buy Calusa Bank in Punta Gorda, Fla.
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Kal Raman has resigned as president and chief executive of Xome, the digital platform of the nonbank mortgage servicer Nationstar Mortgage Holdings.
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It sounded like a sales pitch from the bubble years - "Subprime: The New Normal." But an account executive at the Atlanta mortgage lender Angel Oak Home Loans sought to draw a clear distinction between subprime products pitched today and the infamous stated-income loans of yore.
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Bank of Montreal said fiscal fourth-quarter profit rose 13%, led by capital markets and U.S. banking. The lender raised its dividend 2.4% to 84 Canadian cents a share.
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