Consumer banking
Consumer banking
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Big banks tightened credit for small businesses in June, a month after being their most generous in six years.
July 10 -
The Consumer Financial Protection Bureau made it clear Wednesday that it would be using complaint data gathered from consumers to heavily pursue debt collection firms at every level through both enforcement actions and new rulemakings.
July 10 -
In a setback for credit card issuers and a win for retailers, legislation that would bar merchants from charging customers to pay with plastic has stalled in about 15 states
July 10 -
Crescent Financial Bancshares of Raleigh, N.C., is going to transfer its stock listing from the Nasdaq to the New York Stock Exchange. The company also announced it will change its name to VantageSouth Bancshares.
July 10 -
The number of bank deals and the average sale price fell in the first half, but M&A activity could increase the rest of the year if investors keep bidding up the stocks of bank buyers.
July 10 -
Six regulatory agencies on Wednesday issued a proposal that would exempt three types of higher-priced mortgage loans from appraisal requirements.
July 10 -
CoBiz Financial (COBZ) in Denver plans to enter two new markets Fort Collins and Colorado Springs and create a private-banking division.
July 10 -
Overregulation and elimination of short-term credit alternatives will merely hurt consumers, particularly when criticism of existing products comes with no new solutions.
July 10 -
American Banker asked readers and staff members to recommend books for bankers to take on their summer vacations. Share your own suggestions in the Comments section below.
July 10 -
United Community Financial (UCFC) in Youngstown, Ohio, has been freed from a cease-and-desist order.
July 10 -
A larger-than-usual number of small banks, rising valuations for would-be acquirers, and lingering industry challenges are increasing the odds of deals in the Pennsylvania.
July 10 -
The Federal Trade Commission told a U.S. Senate Commerce Subcommittee that it has been fighting the problem of illegal commercial robocalls through enforcement of the requirements of the Do Not Call program while seeking to spur technological solutions to block unlawful telemarketing calls.
July 10 -
The long-anticipated collapse in mortgage applications, finally a reality, stands to take a bite out of bank earnings in the second quarter and beyond.
July 10 -
The Consumer Financial Protection Bureau warned companies collecting debt that it is closely watching how consumers are treated while at the same time expanding ways for consumers to dispute debt.
July 10 -
For years banks treated certificates of deposit almost as an afterthought. But with loan demand expected to pick up with the economy, some are eyeing ways to lock investors into longer-term CDs now before rates inevitably rise.
July 9 -
House Republicans grilled the Consumer Financial Protection Bureau's acting deputy director Tuesday over how the agency gathers and protects consumer data.
July 9 -
UMB Financial in Kansas City, Mo., is planning to open its first branch in Texas, according to a report.
July 9 -
Credit-risk managers are more optimistic than they have been in three years about lenders' ability to extend credit, a new study found.
July 9 -
Roberto Herencia, a veteran of bank recapitalizations, drew on tough lessons of the past to guide BXM Holdings' challenging recapitalization of Metropolitan Bank Group in Chicago.
July 9 -
The Federal Reserve Board has lifted regulatory actions against Huntington Bancshares in Texas and Buckeye Bancshares in Ohio.
July 9






