Consumer banking
Consumer banking
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A surge in commercial and commercial real estate loans helped boost profits at Webster Financial (WBS) by 7% in third-quarter, to $44.4 million, from a year earlier.
October 12 -
Fed Gov. Daniel Tarullo calls for capping the size of banks, lawsuit proliferate, earnings roll in.
October 12 -
J. Pierpont Morgan Sr. would be rolling in his grave — or laughing in it — if he saw what's become of his eponymous edifice in Lower Manhattan this season.
October 12 -
Two East Coast banks have shed their mutual holding company ownership.
October 12 -
Liability insurance companies generally argue allowing banks to receive insurance coverage for overdraft litigation settlements violates public policy and rewards supposed wrongdoing, but there typically is no explicit exclusion in a policy that justifies this and other go-to positions.
October 12 -
Wells Fargo & Co. said third-quarter profit increased 22 percent, exceeding analysts' estimates, as the cheapest interest rates in history spurred refinancing.
October 12 -
JPMorgan Chase & Co., the biggest U.S. bank by assets, posted a third-quarter profit that beat analysts' estimates on gains from mortgages and trading.
October 12 -
Team Capital has no plans to go public, but it is helping investors cash out by partnering with a New York broker-dealer that makes markets in illiquid stocks.
October 11 - WIB PH
Diane D'Erasmo will focus on multinational firms doing business in the U.S. She had been head of HSBC's commercial banking in the Northeast.
October 11 -
Former FDIC chairman Sheila Bair, who vocally criticized the Citigroup bailouts in her new book, said Friday that she sees few growth prospects for the bank.
October 11 -
The $4.4 billion-asset bank holding company based in Dubuque, Iowa said Thursday it would buy Heritage Bank in Phoenix for $16 million in cash.
October 11 -
Many community banks could find themselves in the same dilemma as LNB in Ohio, which is weighing the pleas of activist shareholder Umberto Fedeli to repurchase its Tarp shares from private investors. It has to choose between paying higher dividends or a costly capital raise.
October 11 -
The Consumer Bankers Association has elected Iberiabank executive Bob Kottler as its new chairman for 2013, the group said in a press release Thursday.
October 11 -
Growth in business lending by commercial banks remained brisk in the third quarter according to preliminary data, but continued to slide from a recent peak.
October 11 -
The Sunshine State is on its third banking commissioner — Drew Breakspear — in slightly more than a year.
October 11 -
Despite assurances from the Consumer Financial Protection Bureau that confidential information is protected, any discussions with lawyers about lending policies and procedures could wind up haunting lenders at exam time.
October 11 -
Viable restructuring alternatives to bank holding company debt do exist and will open the door to conventional M&A options or attract fresh equity.
October 11 -
Unable to find an acquisition or other expansion opportunity that it likes, Trinity Bank in Fort Worth, Texas, will pay a special onetime dividend to shareholders.
October 11 -
The new Bluebird prepaid card from American Express and Walmart could pose a threat to rival cards and checking accounts.
October 11





