Consumer banking
Consumer banking
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Abandoned homes in New York City that are stuck in foreclosure proceedings jumped 38% rise in 2014. State officials are pushing for legislation to make banks and mortgage lenders more responsible.
April 27 -
Discover, the only major U.S. card network that did not support Apple Pay at the mobile wallet's launch, has inked a deal with Apple, eliminating some of the fragmentation in the mobile wallet's deployment.
April 27 -
Corinthian Colleges, the for-profit chain of colleges under fire in the last year for leaving students with unsustainable debt levels and lackluster job prospects, announced it's shutting down its remaining 28 campuses effective Monday.
April 27 -
Banks can ditch their reputations as fuddy-duddy workplaces by helping millennial employees connect with the social mission driving the company and giving them plenty of opportunities to advance their careers.
April 27 -
Martin Tobias is upset that JPMorgan Chase closed his accounts this week after a news report about his business connections to the marijuana industry, but he says he partly understands the pressure banks are under.
April 24 -
Freddie Mac has planned its first Extended Timeline Pool Offering, the government-sponsored entity announced this week.
April 24 -
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The McLean, Va., credit card lender is offering steep discounts to Uber riders, even though the promotion stands to hurt some of the bank's commercial borrowers.
April 24 -
The sharp decline in oil prices has tempered John Allison's enthusiasm for buying banks in the Lone Star State or even making loans there.
April 24 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including thoughts on derisking, biometric technology and Paul Volckers proposal to reform the regulatory system.
April 24 -
The Pennsylvania company is keen on buying a bank with $1 billion or more in assets to soundly cross a threshold that would bring with it more regulatory scrutiny.
April 24 -
HSBC Holdings executives said little about the future of their U.S. bank and other underperforming businesses at a sometimes contentious annual shareholder meeting Friday.
April 24 -
Provident Financial Services in Iselin, N.J., defended narrowly missing earnings expectations by calling its credit and pricing approaches "prudent" and disciplined.
April 24 -
A Montana district court issued an order to uphold a verdict that First Interstate BancSystem in Billings, Mont., must pay $17 million in damages in a dispute with former customer.
April 24 -
The ubiquitous coffee chain is making new inroads with its mobile payments app, and its success underscores how nonbanks can outdo banks at their own game and should be watched closely by banking industry participants.
April 24 -
Millions of dollars spent on software upgrades are worth the hit to short-term profits, executives at the Buffalo bank said, because it will be able to run deeper credit profiles of borrowers.
April 24 -
As horrifying cyberattack scenarios grow more plausible, an American Bankers Association simulation of a hypothetical breach at a $10 billion-asset bank is designed to guide institutions through a set of crisis response steps.
April 24 -
BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.
April 24 -
Low interest rates may be pressuring margins, but they provided a lift to community banks that sell mortgage originations. Bankers are now debating how long the current refi boom will last.
April 24 -
Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.
April 24



