Consumer banking
Consumer banking
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Wal-Mart Stores Inc., the world's largest retailer, plans to start a money transfer business as it works to provide customers with more financial services.
April 17 -
Hancock Holding (HBHC) in Gulfport, Miss., reported higher quarterly earnings after it aggressively cut costs.
April 16 -
American Express (AXP) reported a 12% increase in earnings Wednesday on the strength of improvements in credit quality, cuts in expenses and a modest boost in revenue.
April 16 - Virginia
Capital One (COF) in McLean, Va., posted slighter higher quarterly earnings that surpassed analysts' expectations.
April 16 -
B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.
April 16 -
WASHINGTON Comptroller of the Currency Thomas Curry said his agency is increasingly concerned about the cybersecurity risks from banks relying too much on certain vendors and using service providers in foreign countries.
April 16 -
As drafted, the Johnson-Crapo bill would allow big banks to originate, aggregate, and guarantee mortgages. Small lenders worry such vertically integrated companies could price them out of the business.
April 16 -
Executives at U.S. Bancorp, PNC and Huntington all sounded cautiously optimistic about lending opportunities and each has a favorite region when it comes to finding borrowers.
April 16 -
Bank of America Corp. is paying $950 million to settle claims that its Countrywide unit pooled faulty mortgages into securities that helped hobble Financial Guaranty Insurance Co. and saddled buyers with losses.
April 16 -
Demand for loans by consumers and businesses grew in the first quarter, according to a Federal Reserve report released Wednesday.
April 16 -
The Obama administration is urging activists like the National Council of La Raza to support legislation to overhaul the housing finance market, ahead of a Senate Banking Committee vote scheduled for late April.
April 16 -
Mortgage applications, including requests for refinancings and for home purchase loans, rose from the previous week for the week ended April 11.
April 16 -
The Chicago-area company has shown a willingness to pursue small branch deals and expand in nearby Wisconsin as it looks for liquidity and lending opportunities.
April 16 -
As banks increasingly compete to manage their most affluent customers' assets, some financial companies are using savvy strategies to win a share of this lucrative business. American Banker reporters discuss the tactics some banks are using to stand out from the wealth-management crowd.
April 16 -
The shut down comes three years after a Canadian company purchased the business.
April 16 -
A federal worker union is battling a bipartisan push in Congress to restart the Internal Revenue Service's controversial use of private collection agencies to pursue tax debts.
April 16 -
The moves are part of a recent trend of banks exiting businesses that they believe have fallen out of favor with regulators.
April 16 -
Community Bankers Trust (ESXB) in Richmond, Va., has named a new chief credit officer for its Essex Bank
April 16 -
U.S. banks today are safer, sounder, more secure, transparent, accountable and are performing their critical roles in the global economy.
April 16 -
Huntington Bancshares (HBAN) in the first quarter padded its litigation reserves and recorded one-time expenses related to a recent acquisition.
April 16




