Consumer banking
Consumer banking
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Mackinac Financial (MFNC) in Manistique, Mich., has agreed to buy Peninsula Financial in Ishpeming, Mich.
July 18 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., has hired six commercial bankers to run its new middle-market banking group.
July 18 -
Dell Inc. will accept bitcoins for computers, seeking to expand its payment options, Chief Executive Officer Michael Dell said in a tweet.
July 18 -
The McLean, Va., company is once again making more credit available to its existing credit card customers. New regulations had forced changes to the process of approving line hikes.
July 18 -
Regulators have ordered Fulton Financial (FULT) in Lancaster, Pa., to strengthen its Bank Secrecy Act and anti-money laundering controls.
July 18 -
Zions Bancorp. in Salt Lake City has added Edward Murphy to its board. Murphy was chief financial officer of the Federal Reserve Bank of New York from 2005 to 2013. He also served as CFO of the retail division at JPMorgan Chase from 2002 to 2004.
July 18 -
Consumer confidence is improving but uncertainty surrounding world events and gridlock in Washington continue to temper expectations for Stephen Steinour.
July 18 -
These investors complain they get little say or direct recompense in government settlements with big banks over misrepresentations of mortgage securities like the Department of Justice's $7 billion deal with Citigroup.
July 18 -
Solera National Bancorp (SLRK) continues to go through management changes less than a month after an activist took over the Lakewood, Colo., company's board.
July 18 - Tennessee
First Horizon National (FHN) in Memphis, Tenn., nearly doubled profits last quarter thanks to lower expenses and credit-quality improvements.
July 18 -
Synchrony Financial, the consumer- credit business being spun off by General Electric Co., is seeking a market value of as much as $22 billion in what may be the biggest U.S. initial public offering this year.
July 18 -
Missouri regulators are weighing whether to stop a practice in the state of allowing payday lenders to collect utility bill payments from customers.
July 18 -
Republic Bancorp (RBCAA) in Louisville, Ky., reported a slight bump in second-profits due to modest loan growth but results were tempered somewhat by a sharp drop in mortgage banking income.
July 18 -
A community group has succeeded in forcing additional scrutiny of Banc of California's (BANC) expansion plans.
July 18 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
July 18 - Wisconsin
Earnings at Associated Banc-Corp (ASBC) fell slightly in the second quarter as growth in commercial lending failed to offset a sharp decline in income from mortgage banking.
July 18 -
Bank of New York Mellon Corp., under pressure from activist Nelson Peltz to lift its share price, said second-quarter net income declined as the world's largest custody bank eliminated jobs to cut costs.
July 18 -
Huntington Bancshares (HBAN) in Columbus, Ohio, improved its bottom line as an increase in revenue offset higher noninterest expenses.
July 18 -
Internal documents reveal that the crackdown is targeting banks, not merchants and processors, because it requires less investigation into the facts. That should anger all Americans who care about due process and the rule of law, writes ex-FDIC Chairman Bill Isaac.
July 18 -
The U.S. Department of Education has not properly overseen the collection agencies it hired to pursue delinquent federal student loans, according to an audit released by the department's inspector general.
July 18



