Consumer banking
Consumer banking
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A private-sector analysis of the implementation of the Dodd-Frank resolution facility outlines several tasks the FDIC needs to complete before it's ready for the next crisis.
October 24 -
TD Bank Group (TD) will run all facets of a credit card program for one of the nation's largest jewelry chains.
October 24 -
San Antonio's Cullen/Frost has benefited from a robust economy in Texas. Still, CEO Dick Evans said that his lenders had to increase their calling efforts after loan requests dropped off.
October 24 -
Earnings at Flagstar Bancorp in Troy, Mich., fell 7% from a quarter earlier as credit and litigation costs offset a large gain from loan sales.
October 24 -
If the program ends, most TAG deposits held by community banks will quickly migrate to the biggest banks as investors still expect the federal government to protect all deposits held by these financial behemoths.
October 24 -
Royal Bank of Scotland (RBS) will pay $42 million to settle a probe by Nevada's attorney general into its mortgage-purchase practices before the housing crisis.
October 24 -
Bank of America sold defective residential mortgage loans to Fannie Mae and Freddie Mac that later defaulted, the U.S. government said in a $1 billion fraud lawsuit against the bank.
October 24 -
Ocwen Financial won a $3 billion auction for Residential Capital's loan-servicing unit, outbidding Nationstar Mortgage as it aims to become the largest non-bank home-loan servicer.
October 24 -
New York Community Bancorp (NYB) in Westbury, N.Y., barely beat expectations for its third-quarter earnings and reported a lower net interest margin.
October 24 -
Earnings at the $7.5 billion-asset company in DeWitt, N.Y., fell 8.5%, to $18.3 million, from a year earlier, it reported Tuesday.
October 24 -
Pacific Continental (PCBK) in Eugene, Ore., has agreed to buy Century Bank for $13.4 million in cash.
October 24 -
Lower yields and higher expenses weighed on Hudson City Bancorp (HCBK) in Paramus, N.J., in the third quarter.
October 24 -
Nationstar Mortgage and Ocwen Financial are battling to become the largest non-bank home-loan servicers in a consolidating industry.
October 24 -
Visa CEO Joseph Saunders will retire on November 1, giving the reins of the world's largest payments company to longtime JPMorgan executive Charles Scharf.
October 24 -
In a typical case, a short sale took nearly nine months, and extraordinary patience and tenacity, to get done. That's no way to stage a housing recovery. Streamline the process.
October 24 -
IberiaBank Corp. reported a hefty increase in earnings after lowering its loan-loss reserve and reporting loan growth.
October 24 -
The Consumer Financial Protectin Bureau will publish a final rule Wednesday to supervise firms with more than $10 million in annual receipts.
October 24 -
Regions Financial is proud that it is making money in spite of massive challenges. Analysts are worried about margin pressure but believe the company has
October 23 -
Ameris Bancorp (ABCB) in Moultrie, Ga., reported a 93% drop in earnings and missed projections by 10 cents per share in the third quarter.
October 23 -
Trustmark's company's earnings rose 2% from the second quarter and 9.5% from a year earlier, to $29.9 million. The Jackson, Miss., company said in a press release late Tuesday that higher revenue from insurance commissions and mortgages helped boost its bottom line.
October 23



