Consumer banking
Consumer banking
-
The Royal Bank of Scotland (RBS) has won a bid to dismiss a lawsuit that stems from its sale of securities backed by U.S. residential mortgages.
December 28 -
Little guys are getting a rare chance to feast at a big guy's expense. Small banks nationwide are eagerly buying dozens of branches from B of A, which must slim down. However, the buyers are at risk of gorging themselves.
December 28 -
An executive from a Missouri bank has been elected as chairman of the Federal Home Loan Bank of Des Moines.
December 28 -
Covenant Bank in Chicago could fail if it does not raise fresh capital soon.
December 28 -
WASHINGTON — The Consumer Financial Protection Bureau on Friday slightly raised the asset threshold for banks that are required to collect certain mortgage disclosure data, increasing it by $1 million to $42 million.
December 28 -
Unable to seal their deal, C1 Bank and U.S. Century have instead struck a new agreement that would still give C1 a foothold in the Miami area.
December 28 -
"Deposit fee" is one of the more popular terms being used in new naming conventions, while some banks are scrapping their fees altogether.
December 28 -
BankUnited is expanding its footprint in the Sunshine State.
December 28 -
A House panel ended a probe of alleged preferential lending by Countrywide Financial to lawmakers and aides without taking action, saying the "serious matters" submitted for review fall outside its jurisdiction.
December 28 -
United Community Bancorp in Lawrenceburg, Ind., is extending its community offering after receiving insufficient orders for stock to complete its second-step conversion.
December 28 -
The Federal Deposit Insurance Corp. has terminated an enforcement action against HomeStreet Bank in Seattle.
December 28 -
The Office of the Comptroller of the Currency has named Gateway Bank CEO Jeffrey Cheung to a minority advisory committee, and he spilled the beans a little early
December 28 -
Successful banks are, among other things, focusing on education and employee training courses, establishing a formal enterprise risk management department and tying compensation to clearly defined best practices.
December 28 -
California, by holding out for a $12 billion side deal with Chase, Wells and B of A, secured a far larger share of the settlement than fairness would seem to dictate.
December 27 -
The FTC released a report that said small banks continue to pull in significant revenue from interchange fees on debit cards despite fears that the Durbin amendment would hurt them as much as larger institutions.
December 27 -
Other banks have let employees make 'Gangnam Style' videos to blow off steam, but SVB Financial staffers went global with their involved production.
December 27 -
These financial services executives won't be sorry to see this year end and are hoping for better results in 2013.
December 27 -
The board of the Federal Home Loan Bank of Cincinnati has reelected Carl F. Wick, a former NCR executive, as its chairman. B. Proctor Caudill Jr. was also reelected as vice chairman, the bank said.
December 27 -
Sales of U.S.-backed mortgage bonds soared to a three-year high as steps by the Federal Reserve and Obama administration to make home ownership more affordable propelled a 34 percent jump in refinancing.
December 27





