Consumer banking
Consumer banking
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Banks have to spend money to make money and avoid overreliance on acquisitions, BB&T's CEO said in discussing plans for de novo branches and other investments.
September 12 -
A judge has dismissed most of the claims against Michael Perry, but the SEC is not backing down from its claim that he misled investors.
September 12 -
JPMorgan Chase (JPM) recently dismissed 74 employees in Florida as the bank shuffles staff to accommodate demand for mortgage refinances.
September 12 -
The mother of the Consumer Financial Protection Bureau spent much of her recent prime-time performance accusing banks of dishonesty. Perhaps she should take a gander in the mirror.
September 12 -
With consumer mobile access for banking channels and services growing, loosening privacy data rules may be the edge needed to combat fraud.
September 12 -
Leaders of small banks do not want the Fed to purchase more bonds or keep interest rates low. Instead, they want the Fed stand down and let the economy heal on its own.
September 12 -
The acting director of the FHFA said Fannie Mae and Freddie Mac need to increase the fees they charge to guarantee mortgages in states where it's costlier for them to deal with bad debt.
September 12 -
MIDDLETOWN, N.Y. -- The vacant Ponderosa Steakhouse property soon will be home to a branch for Hudson Heritage FCU.
September 11 -
CHELSEA, Mass. – Fast-growing Metro CU opened a new branch in Boston City Hall Plaza it acquired in the recently completed acquisition of Massachusetts State Employees CU.
September 11 -
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Associated Banc-Corp (ASBC) is eyeing acquisitions of community banks, but its chief executive says it has little interest in failed banks and would only consider deals within its existing markets.
September 11 -
Maryland bankers should team up and stop selling out to big, out-of-state players, says Old Line Bancshares' James Cornelsen. The choices they face say a lot about the options available to bankers across the country.
September 11 -
Without naming names, CFO Tim Sloan threw cold water on the idea that the San Francisco bank would acquire the credit card giant.
September 11 -
Banks are getting more advanced at using transaction and demographic data to help entice consumers to reach for their cards over those of their rivals.
September 11 -
Astoria Financial has already originated more multi-family and commercial real estate loans this year than all of last year, and its CEO said total loans to that sector will top $1.5 billion.
September 11 -
JPMorgan would like to dock CEO Jamie Dimon's pay in the wake of a giant trading loss without actually making him suffer. If anyone can find a fix, its compensation committee can.
September 11 -
Republic Bancorp CEO Steve Trager sees a recent purchase of First Commercial Bank as an opportunity to grow in Minnesota, despite being 700 miles from Republic's Kentucky home.
September 11 -
The National Retail Federation said it will try to block a settlement of as much as $7.25 billion with Visa and MasterCard over the fees they charge shops when customers pay with credit cards.
September 11 -
Mid-America Bankshares of Baldwin City, Kan., will buy a branch from Garnett Bancshares. The deal extends a string of deals involving community banks in Kansas.
September 11 -
The Federal Housing Finance Agency said Tuesday that Fannie Mae and Freddie Mac are pursuing a new representation and warranties model for conventional loans to help minimize risk exposure for lenders.
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