Consumer banking
Consumer banking
- New York
New York Attorney General Eric Schneiderman has filed a complaint alleging Barclays PLC (Barclays) has deceived electronic trading investors.
June 26 - North Carolina
Bank of America (BAC) plans to lay off 540 more mortgage employees in Charlotte, N.C.
June 26 -
The long-awaited rebound in credit card loans has arrived, fueled by looser credit standards and a larger appetite for debt among U.S. households.
June 26 -
Westfield Bank is planning to expand its commercial lending presence in western Massachusetts.
June 26 -
The ATM maker Diebold is buying encryption technology company Cryptera to enhance its portfolio in automated teller machine security.
June 26 -
Insurance executive Kenneth Shapiro on the new parallels between insurance and banking.
June 26 -
BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.
June 26 -
Simmons First National (SFNC) in Pine Bluff, Ark., must sell one branch as part of its acquisition of Delta Trust & Banking in Little Rock, Ark.
June 25 -
The Supreme Court ruled against Fifth Third Bancorp (FITB) in a lawsuit filed by employees claiming the bank mismanaged their retirement investments.
June 25 -
The Federal Reserve said Regions Bank will pay a $46 million misconduct penalty for incorrectly identifying and reporting nonperforming loans and that three former employees will be sanctioned while avoiding prosecution.
June 25 -
A growing number of community banks are adopting bank-owned life insurance as a way to counter shrinking loan margins and diminished returns on other investments. BOLI can also help banks that are trying to meet higher capital requirements.
June 25 -
The House Financial Services Committee remains divided, largely along party lines, over whether to renew the charter of the Export-Import Bank of the United States.
June 25 -
Intuit has added PayByCoin, a free extension for QuickBooks Online that allows business owners to accept Bitcoin.
June 25 - Minnesota
U.S. Bancorp (USB) in Minneapolis has hired a president and chief executive for its asset management subsidiary.
June 25 -
CIT Bank has agreed to buy Direct Capital in Portsmouth, N.H., in an effort to expand in lending to small and midsize businesses.
June 25 -
Opus Bank (OPB) in Irvine, Calif., is turning its health care banking into a national operation.
June 25 -
The regulator of Fannie Mae and Freddie Mac (FMCC) will conduct a series of town-hall events to convince hundreds of thousands of U.S. borrowers with little or no equity in their homes to refinance.
June 25 -
A Houston collection agency and its president and sole shareholder agreed to a federal court order and $4 million penalty for bullying consumers into paying debts and unnecessary fees.
June 25 -
The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.
June 25 -
City National Bank in Los Angeles has agreed to sell its retirement services business to OneAmerica, an insurance and asset management firm.
June 25




