Consumer banking
Consumer banking
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The purchase of NetSpend, which came at a hefty price for TSYS, signals that the prepaid card industry has come into its own.
February 21 -
Short sales continue to dominate relief efforts under the national mortgage settlement, and Californians continue to receive the bulk of the benefits.
February 21 -
A former leader of a Mormon congregation in Connecticut has pleaded guilty to charges he laundered hundreds of thousands of dollars through a bank that received funds from the Troubled Asset Relief Program.
February 21 -
Broadway Financial in Los Angeles has unloaded a package of loans in an effort to boost its asset quality.
February 21 -
ATMs can serve as more than cash dispensers for gift cards they can dispense the cards as well, Better ATM Services Inc. says.
February 21 -
VICTORVILLE, Calif. Alaska USA FCU has relocated its branch in Big Bear Lake, Calif., to inside a Vons supermarket, across from the old branch.
February 20 -
Capital One (COF) is expanding its board of directors with the addition of two banking industry veterans, including a former top official of the Consumer Financial Protection Bureau.
February 20 -
Recovering home prices have helped shrink underwater home equity loans, but such uncollateralized assets are still large when measured against Tier 1 common equity at the Big Four banks.
February 20 -
Financial Institutions (FISI) has ended its months-long search for a new chief executive with the promotion of an insider.
February 20 -
The founder and chief executive of Bankers' Bank Northeast in Glastonbury, Conn., is retiring.
February 20 -
Consumers are still at risk from small-dollar loans with high fees or that roll-over debt, an advisory council warned the Consumer Financial Protection Bureau on Wednesday.
February 20 -
JPMorgan Chase & Co. is seeking to sell securities tied to new U.S. home loans without government backing in its first offering since the financial crisis that the debt helped trigger.
February 20 -
A regulatory plan that changes how banks must account for holdings on their books is stirring anxiety in the financial services industry that it may force banks to make a premature decision about what they intend to do with an asset.
February 20 -
Two large community banks merging in South Carolina could create the next Southeast regional player and acquirer of choice.
February 20 -
Less than a year after stepping down as chairman of Atlantic Coast Financial (ACFC) in Jacksonville, Fla., Jay Sidhu is seeking to oust three members of the company's board and replace them with a new slate of directors.
February 20 -
Many problems with payday products are concocted by activists and politicians with mercenary intent who are more interested in squelching innovation than letting people make choices for themselves.
February 20 -
More regional and community banks have selling noncumulative perpetual preferred stock to bolster Tier 1 capital and fund expansion.
February 20 -
After 10 years of helping to build up expectations at PNC, Bill Demchak will have to surpass them after he becomes CEO this spring.
February 20 -
First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.
February 20 -
JPMorgan Chase (JPM) is facing another call from institutional investors to separate the roles of chairman and chief executive.
February 20




