Consumer banking
Consumer banking
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Regulators released a calculator Monday that is designed to help community bankers project how much capital they will need to hold under Basel III.
September 24 -
Ann Cairns, MasterCard's head of international markets, was optimistic about the company's prospects abroad Thursday, even as MasterCard warned that its revenue growth is slowing.
September 24 -
Big mortgage servicers wonder why borrowers won't respond to attractive refi offers. How can they be surprised? We've overloaded consumers with such an excess of incoming communications through antiquated channels that they ignore almost all of this.
September 24 -
To avoid a monthly fee, bank customers must maintain an average balance of $723 in their non-interest checking accounts, up 23% from 2011 and the highest balance in 15 years, according to a survey.
September 24 -
A group of state attorneys general is looking at the possibility that banks have sold credit card accounts to debt collection firms that were supported by inaccurate and robo-signed documents.
September 24 -
It's in consultants' best interests to extend the foreclosure review engagements as long as possible without coming up with an estimate for each servicer of its total liability to borrowers.
September 24 -
Joseph Stilwell said in a regulatory filing that he could start pushing the thrift's management to put stashed away capital to work.
September 24 -
Discover Financial Services (DFS) has agreed to refund hundreds of millions of dollars to settle a regulatory probe of its credit card marketing practices.
September 23 -
First PacTrust said Gregory Mitchell , who had been its CEO since November 2010, had resigned. The resignation comes roughly a month after the company said Mitchell would share the CEO title with Steven A. Sugarman.
September 21 -
Bank of America (BAC), JPMorgan Chase (JPM) and Citigroup (NYSE: C) have endured repeated attacks from Iranian hackers since last 2011, Reuters reported Friday.
September 21 -
PL Capital said in a regulatory filing Thursday that it has raised its stake in Magyar to 9.99% on Aug. 1, compared to a prior stake of 8.6%.
September 21 -
Members of Technology Credit Union rejected management's plan to convert to a mutual thrift. The vote has led to renewed criticism about the National Credit Union Administration's role in conversion votes.
September 21 -
The Federal Deposit Insurance Corp. is planning a series of workshops for investors who would like to buy assets from failed financial institutions.
September 21 -
PNC is among several banks aiming to boost visibility on college campuses in hopes of attracting young consumers who many not have a dime to their names now but could be high earners down the road.
September 21 -
Jay Sidhu, the head of Customers Bancorp in Pennsylvania, has received about as much money from private investors in recent months as it sought to raise in its canceled IPO.
September 21 -
BNCCorp (BNCC) has reached a settlement with its insurers more than two years after the Bismarck, N.D., company discovered that it had been defrauded by a mortgage servicer.
September 21 -
Kevin Kabat has been named vice chairman at Fifth Third. The Cincinnati company also said that Greg Carmichael, its chief operating officer, would become its president. There are no plans for Kabat, who has been Fifth Third's CEO since 2007, to leave.
September 21 -
The industry's movement toward plain-vanilla mortgage products since the crisis masks deficiencies in the underwriting process that remain to this day.
September 21 -
When FirstMerit agreed to buy Citizens Republic this month, it capped Cathleen Nash's efforts to rebound from recession in hard-hit Michigan.
September 21 -
Can ATM messaging prompt consumers to like and follow their banks? Regions, which will promote social media via ATMs in 2013, and Wells, which has done so for some time, believe the answer is "yes."
September 21




