Consumer banking
Consumer banking
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Higher interest income boosted quarterly earnings at Texas Capital Bancshares (TCBI) in Dallas, which also had to pay a special deposit-insurance assessment.
October 23 -
New York State has slapped Prospect Mortgage with a $3 million fine for misleading homeowners on their interest rates, and has cited the mortgage lender for several other violations of state law.
October 23 -
JPMorgan Chase's acquisitions of Bear Stearns and Washington Mutual during the meltdown were once seen as bargains and more recently second-guessed in light of the bank's $13 billion mortgage settlement. The pain will pay off in the long run, experts say.
October 23 -
Coming out of this refinance boom is going to be more challenging than any other cycle during the past 25 years, according to longtime industry executive Ben Cowen.
October 23 -
Hayward Bancshares in Eau Claire, Wis., is merging its two bank charters in a bid to cut regulatory costs.
October 23 -
First Midwest Bancorp (FMBI) offset insurance costs and the impact of shrinking margins with the sale of its stake in a software firm.
October 23 -
Members of the American Bankers Association have elected a new leadership team and voted in 10 new board members.
October 23 -
PacWest Bancorp (PACW) in Los Angeles doubled its profits in the third quarter thanks to its purchase of First California Financial Group (FCAL).
October 23 -
City Holding Co. (CHCO) in Charleston, W.Va., reported a 32% increase in quarterly profit as acquisitions helped boost its interest income.
October 23 -
The Salt Lake City company has long lagged in mortgages, and now is the time to get more aggressive as big rivals pull back and small competitors struggle with qualified-mortgage rules, CEO Harris Simmons says.
October 23 -
Hudson City Bancorp's (HCBK) profits fell in the third quarter as the $39 billion-asset company saw declines in revenue from first mortgages and other loans.
October 23 -
Prosperity Bancshares (PB) in Houston reported a 20% boost in profit after announcing two deals in the third quarter.
October 23 -
Flagstar Bancorp (FBC) in Troy, Mich., recorded its fifth consecutive quarter of profitability and met Wall Street's earnings forecasts despite a drop in income from the sales of loans.
October 23 -
Weakening mortgage banking activity took a bite out of New York Community Bancorp's (NYCB) earnings in the third quarter.
October 23 -
Comptroller Thomas Currys 'heightened expectations' for large banks should include whether our communities are substantially better off as a result of their presence.
October 23 -
Fulton Financial (FULT) in Lancaster, Pa., saw reduced revenue from mortgage sales and service charges in the third quarter, but improvements in credit quality partially offset those declines.
October 22 - Missouri
UMB Financial Corp. (UMBF) in Kansas City, Mo., posted its 14th consecutive quarter of loan growth for the period ending Sept. 30.
October 22 -
A Treasury Department fund meant to boost loans to small businesses has spurred more than $10 billion in additional lending, the agency said Tuesday.
October 22 -
The CFPB has launched a review of the store-branded card deals that offer 0% interest during an introductory period, but then reset to a much higher rate if the balance is not paid in full by a specific date.
October 22 -
Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.
October 22


