Consumer banking
Consumer banking
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Many of bankers' concerns and fears about the FFIEC's proposed social media rules are unfounded, says Elizabeth Khalil, senior policy analyst at the FDIC.
June 11 -
Banks that still hold Tarp funds face the prospect of dividend rates rising to 9% from 5% at a time when many of those institutions are still struggling.
June 11 -
Urban Partnership Bank in Chicago has been designated a minority depositary institution by the Federal Deposit Insurance Corp.
June 11 -
M&A consolidation, improved portfolio performance and legislation leveling the playing field provide incentive for midsize banks to relaunch card programs.
June 11 -
The proposed sale of Atlantic Coast Financial in Jacksonville, Fla., did not sail with investors. Shareholders rejected Bond Street Holdings' $13.1 million, or $5-per-share, offer on Tuesday.
June 11 -
Green Dot (GDOT) has agreed to acquire the Wal-Mart-branded prepaid card business from GE Capital Retail Bank.
June 11 -
Fannie Mae and Freddie Mac shareholders sued the U.S., alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars.
June 11 -
C&F Financial (CFFI) has agreed to acquire Central Virginia Bankshares. Both are in the Richmond, Va., area.
June 11 -
A dubious story about double-charging in Marks & Spencer, the retail home of the British middle classes, is worth examining to make sure similar misconceptions dont spread in the U.S.
June 11 -
The Treasury Department has begun auctioning more than $51 million of stock that it acquired through the Troubled Asset Relief Program.
June 10 -
The FHFA has yet to post to its website any public comments related to a proposed ban on commissions and reinsurance agreements in force-placed insurance. So we're posting some obtained from key voices in the industry and government.
June 10 -
The Federal Housing Finance Agency is considering reforms to force-placed insurance aimed at giving the public a better deal. So why isn't it letting the public in on its planning?
June 10 -
Bank investors may be softening their antipathy for long earn-back periods. When Union First Market Bankshares promised five years of dilution but a big boost to earnings from its deal for StellarOne, its stock declined only a little.
June 10 -
Barry Sommers, the new head of JPMorgan Chase's consumer bank, spent most of his career selling wealth-management services. Now he says he's ready to serve the bank's less-affluent customers.
June 10 -
Community banks can't cost cut their way to prosperity, though it certainly is a step in the right direction, a recent Fiserv study found.
June 10 -
PNC Financial Services Group is latest bank that plans to do away with free checking.
June 10 -
A top executive at Heartland Financial in Dubuque, Iowa, is leaving for a job in the manufacturing sector.
June 10 -
A sales pitch from Bank of America implies that its refinancing offer is in the borrower's best interest. Never mind that it would raise the customer's interest rate and add 10 years to the overall life of the loan.
June 10 -
Pennsylvania Dutch country could get the first de novo bank to open in the U.S. in more than two years.
June 10






