Consumer banking
Consumer banking
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The company wants to supplement the loss of revenue from mortgage banking with a potentially large acquisition. CEO Gary Douglass says he is interested in banks with $400 million to $1 billion in assets.
February 7 -
The Detroit car lender is defying regulatory pressure to change its pricing system, but it's unclear whether other lenders will dig in their heels, too, or eventually give in.
February 7 -
Researchers for the U.S. Postal Service inspector general's office are making the case that an agency rooted in delivering mail and selling stamps can help Bitcoin go mainstream.
February 7 -
A former head of commercial real estate at Wilmington Trust was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program announced Friday.
February 7 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
February 7 -
Fourth-quarter results benefited from banks' ongoing efforts to work through problematic loans and foreclosures, though more industry observers expect to see this activity taper off in 2014.
February 7 -
Former Citigroup (NYSE:C) executive Deborah Doyle McWhinney is joining the board of engineering company Fluor (FLR).
February 7 -
Mt. Gox, one of the largest Bitcoin exchanges, has suspended Bitcoin withdrawals because of a technical issue, the company said in a Feb. 7 announcement.
February 7 -
CommunityOne Bancorp (COB) in Asheboro, N.C., reported its second consecutive quarterly profit.
February 7 -
New technology from Apple and others can help banks create appointments, share offers, crowdsource customer service and identify their best customers, all in real time.
February 7 -
Clifton Savings Bancorp (CSBK) in Clifton, N.J., has received approval from the Federal Reserve Board to start a second-step conversion.
February 7 -
Bitcoin's earliest adopters used to launch scathing criticism at the U.S. for being the first to regulate digital currency in 2012, but their ire seems to have cooled off.
February 7 -
The Consumer Financial Protection Bureau is weighing whether to vastly increase the data collected under the Home Mortgage Disclosure Act in an effort to better monitor trends and abuses in the market.
February 7 -
Minden Bancorp (MDNB) in Minden, La., plans to deregister with the Securities and Exchange Commission.
February 6 -
The squabbling over who is responsible for the massive data breach at Target stores resumed Thursday when a group representing retail banks rolled out a new set of numbers detailing how much the breach has cost banks.
February 6 -
The New York regulator questioned Ocwen's ability to handle more volume after an independent monitor reviewed the mortgage servicer's operations, a person familiar with the situation says.
February 6 -
Americans who buy prepaid cards from banks spend less on fees than those who buy their cards from nonbanks, according to new research from the Pew Charitable Trusts.
February 6 -
Job and income growth could pave the way for lenders to loosen guidelines late in the year. In the meantime, new regulations and repurchase risk are keeping the industry gun-shy.
February 6 - New York
Citigroup (NYSE: C) and insurance company Assurant (AZ) have agreed to pay $110 million to settle charges that it forced thousands of homeowners to purchase expensive property insurance in order to profit from kickbacks and commissions.
February 6 -
The Ohio company expects to receive an additional $46 million from loans it had marked impaired when it bought Citizens Republic. Management also expects more cost cutting than it originally projected.
February 6




