Consumer banking
Consumer banking
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Banks that trade over-the-counter have long had concerns their stocks suffer from light trading and visibility. They hope a new exchange will help boost their stocks' liquidity and their buying power for acquisitions.
January 29 -
JPMorgan Chase (JPM) is committing $33 million to encourage community development financial institutions to work together to stimulate economic growth in underserved markets.
January 29 -
Longtime CEO William Cooper tells analysts that he is as optimistic as ever about his company's growth prospects following its reinvention.
January 29 -
Sunrise Bank in Cocoa Beach, Fla., has been freed from an enforcement order from the Federal Reserve Board.
January 29 -
Technology, like mobile banking and credit scoring, has eroded any strategic advantages small banks once held in serving small businesses, industry experts say.
January 29 -
The Westbury, N.Y., bank has sought a large deal to vault well over the $50 billion-asset threshold. But with no transformational deal in sight, it is now willing to pass that asset milestone through a small acquisition or organic growth.
January 29 -
The $17.6 billion-asset company's fourth-quarter earnings fell 36% from a year earlier, to $18.5 million.
January 29 -
Bankers think the regulatory environment is bad already, but it could get worse as regulators crack down harder on rules violators, hold directors and foreign banks to stricter standards and tackle "too big to fail," a top banking lawyer says.
January 29 -
Trustmark (TRMK) in Jackson, Miss., reported net income that missed Wall Street estimates, largely because of a drop in fee income.
January 29 -
In New Zealand, numbers from the country's Reserve Bank show total credit card balances neared $6 billion in December - a record high and a sign people are returning to poor credit card habits not seen since before the global financial crisis.
January 29 -
JPMorgan Chase & Co. (JPM) could fetch at least $2 billion for its commodities unit after it received bids from Blackstone Group LP (BX), Macquarie Group and Mercuria Energy Group Ltd., people with knowledge of the matter said.
January 29 -
Four shareholders of BankUnited (BKU) in Miami Lakes, Fla., plan to sell up to $291 million of common stock.
January 29 -
Helping people understand personal finances and empowering them to make better financial decisions ensures a better future for consumers, communities and our nation.
January 29 -
Iberiabank Corp. (IBKC) of Lafayette, La., reported higher quarterly earnings due to improved credit quality.
January 29 -
Crazy Woman Creek Bancorp (CRZY) in Buffalo, Wyo., is planning to convert to a state charter and repurchase preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.
January 29 -
It's still unclear what New York's planned "BitLicense" actually is, but the New York Department of Financial Services says its license is meant to encourage Bitcoin businesses to operate and innovate in the state.
January 29 -
UMB Financial (UMBF) in Kansas City, Mo., reported a big jump in profits as the company benefited from loan growth and a rise in fee income.
January 29 -
Lynn Harton, formerly president of The South Financial Group before it was sold several years ago, was promoted to president of United Community Bank in Georgia this week.
January 29 - Minnesota
TCF Financial (TCB) in Wayzata, Minn., was buoyed by improved credit quality in the fourth quarter.
January 29 -
New York Community Bancorp (NYCB) in Westbury, N.Y., reported a dip in fourth-quarter profit as mortgage banking revenue fell, but it still but still beat analysts' expectations.
January 29



