Consumer banking
Consumer banking
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Big and mid-size firms are borrowing, but small ones have shown no urgency to tap existing credit lines and take advantage of cheap capital.
August 30 -
Royal Bank of Canada, Toronto- Dominion Bank and Canadian Imperial Bank of Commerce raised their dividends after reporting third-quarter profits that beat analysts' estimates on consumer lending.
August 30 -
The break up with JTH Tax comes months after Kentucky's Republic Bancorp agreed to end its refund-anticipation loan program as part of a settlement with the FDIC.
August 30 -
The credit card company is rolling out a 15-week survey to gauge which school has the most loyal followers. Warning: some of your answers could offend your significant other.
August 30 -
Leslie Lunak, an M&A expert who has been at BankUnited since 2010, will be promoted to chief financial officer early next year.
August 30 -
Northfield Bancshares in Minnesota has raised almost $3.8 million through a common stock offering.
August 30 -
In order to increase loyalty, financial institutions need to embrace social media, increase value to retain existing customers and use data to design competitive rewards programs.
August 30 -
Private clients of U.S. Bancorp's Heidi Steiger get to rub elbows with VIPs, including dinner with Jerry Lewis and behind-the-scenes meetings with the cast of "The Nutty Professor."
August 30 -
Four months after the Portland, Ore., company lost a deal in the state to a higher bidder, Umpqua has agreed to buy Circle Bancorp in Novato, Calif., for about $25million.
August 30 -
Home loan servicers are focusing more on short sales than on loan mods or refis, but they've made significant progress in implementing the terms of a $25 billion settlement with the government, according to a report from independent monitor Joseph Smith.
August 30 -
Demand for distressed properties is driving up prices for the first time in two years as investors from Blackstone Group to Colony Capital chase shrinking inventory.
August 30 -
COLUMBIA, S.C. – Carolina Collegiate FCU yesterday opened a student-run branch on the University of South Carolina campus in the Russell House university union center.
August 29 -
In two lengthy interviews, John Walsh, the acting head of the OCC for nearly two years, offers his candid views on a range of subjects, including the FSOC's effectiveness and the reform idea he believes is "something worth dying for."
August 29 -
It took just three months for Orrstown Financial Services (ORRF) to find a new chief financial officer, but the move could not have come too soon.
August 29 -
NHB Holdings in Cottonwood Heights, Utah, has raised $7.6 million in fresh capital.
August 29 -
It may be hard for banks like Toronto-Dominion and New York Community to resist trying to outbid M&T for Hudson City, which agree to sell itself for a relatively low-priced offer.
August 29 -
Bank of Nova Scotia agreed to buy ING Bank of Canada for $3.16 billion, adding more than $30 billion in retail deposits to its balance sheet and 1.8 million customers.
August 29 -
Regulators have told Randolph Bank & Trust in Asheboro, N.C., that it is forbidden from paying scheduled dividends — including a dividend to the U.S. Treasury Department on its Troubled Asset Relief Program investment — until further notice.
August 29 -
Gulf Coast bankers say they were better prepared to handle the onslaught of Hurricane Isaac, which slammed into Louisiana on Wednesday. Bankers are better prepared seven years after Katrina battered the Gulf Coast, learning how to run their banks remotely and keeping plenty of cash on hand.
August 29 -
Few banks with trust-preferred debt would fall below the Basel III capital minimum without the securities. Many are using the phase-out as an opportunity to retire the high-cost funding.
August 29






