Consumer banking
Consumer banking
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Bank of New York Mellon (BK) is the latest bank to announce plans to redeem its outstanding trust-preferred securities.
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Authorities have charged real estate developer Michael Pouls, whose mansion was featured on the TV show "Teen Cribs," with defrauding National Penn and the former Wilmington Trust.
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JPMorgan Chase, Citigroup, Bank of America and others in the path of Hurricane Sandy continued Monday to calibrate their responses to the storm.
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Learning to tap into the more creative right hemisphere of my brain enabled me to think in a unique manner about both the problems and opportunities facing my bank.
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Because its customers have already gravitated toward remote check capture and online wire transfers, business is carrying on fairly normally at The Westchester Bank as Hurricane Sandy approaches.
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Old National Bancorp (ONB) in Evansville, Ind., posted higher third-quarter income from a year earlier as it cut noninterest expenses.
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Agencies based in Washington were mostly closed in anticipation of the storm, but officials said where possible support for banks and examiners would be made available.
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Hurricane Sandy, which is bearing down on the mid-Atlantic all the way up to New England, is expected to delay thousands of mortgage closings on Monday and Tuesday at the very least.
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CFS Bancorp (CITZ) in Munster, Ind., reported that its third-quarter income climbed from a year ago as it cut noninterest expenses and lowered its nonperforming assets.
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Earnings rose 40%, to $21.3 million, from a year earlier, HomeStreet Bank said Monday.
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Comptroller of the Currency Tom Curry said the agency is ready to "take action" against banks that lower provisions solely to boost short-term profits.
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Kelly S. King, the chairman and chief executive of BB&T (BBT), has been appointed to the Federal Advisory Council.
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Changes are coming to the credit union branch model.
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Is the branch dead? It clearly is not, says Mark Weber, president of Weber Marketing Group, who points to the record number of building projects and branch redesigns his firm has taken on in the past four years.
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VACAVILLE, Calif. – Navy FCU said this morning it is opening its 33rd California branch here next week to serve 23,000 military personnel at Travis Air Force Base, as membership booms at the nation’s largest credit union.
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If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.
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Talmer Bancorp has agreed to buy and recapitalize First Place Bank in Warren, Ohio, in a deal that will work its way through the bankruptcy process.
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The U.S. securities industry canceled equity trading on all markets today, moving to protect workers as Hurricane Sandy barreled toward New York City with 70-mile-per-hour winds and the threat of an 11-foot sea surge.
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State Bank Financial (STBZ) in Atlanta reported a drop in quarterly earnings as income tied its past failed-bank deals fell.
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Banks in the Magnolia State have built up capital and profits, and their owners are hoping the state's poor national reputation will shield them for a while from big rivals and M&A trends.
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