Consumer banking
Consumer banking
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Bankers who want to cash out ahead of a potential hike in the capital gains tax next year need to act fast, M&A experts say.
July 24 -
The yield curve flattened and it showed in margins among the first wave of banks to post second quarter results. But a sizeable group used some remaining levers – like the retirement of trust-preferred securities – to buck the trend.
July 24 -
Hampton Roads Bankshares's (HMPR) second-quarter loss narrowed from a year earlier as improveed credit quality aided the Norfolk, Va., company.
July 24 -
Trustmark Corporation in Jackson, Miss., said its second-quarter earnings fell 3% from the same period last year, to $29.3 million, as improved credit quality could not offset declines in fee income and total loans.
July 24 -
At a Senate hearing on ways to help borrowers, Tennessee Republican Bob Corker said debate over education costs should "look at the entire picture."
July 24 -
A bipartisan bill that would permit regulators to grant federal charters to nonbank consumer lenders is being met with fierce resistance — particularly from regulators themselves.
July 24 -
F.N.B. Corp. (FNB) in Hermitage, Pa., posted higher second-quarter profit as loan balances surged.
July 24 -
An "uneven and slow" recovery could impede expansion in coming quarters, CEO Grayson Hall cautions.
July 24 -
The Treasury Department on Tuesday said that employees of Google (GOOG) and Facebook (FB) would help it select the best ideas for new mobile applications.
July 24 -
Black and Latino borrowers received government-backed loans insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs significantly more often than white borrowers, raising concerns about redlining, a new study has found.
July 24 -
The Illinois company spent three years trying to keep its Kansas and Florida banks from failing. The company, which has other banks, is not off the hook yet because the FDIC could charge it for the cost of the failures.
July 24 -
SunTrust, Huntington, First Horizon and TCF would suffer the biggest drops in Tier 1 common equity under proposed guidelines, unless they change their mix of assets.
July 24 -
Banks including JPMorgan Chase & Co. and Citigroup Inc., sued for $2 billion by Thornburg Mortgage Inc. for allegedly helping it fail, lost a bid to move the case from bankruptcy court to district court as a Maryland judge said almost all the issues could be decided in bankruptcy court.
July 24 -
You should be able to move your money as fast as you can make it. But the banking system today works about as speedily as the Post Office.
July 24 -
Home values posted their first year- over-year increase since 2007 in the second quarter as the property market began to lift off a bottom, Zillow Inc. said.
July 24 -
Banking analyst Richard Bove says Wells Fargo has been treating him terribly as a retail customer. He suspects that's an excellent business move.
July 24 -
The next six months are critical to the bank if it is to exit Tarp and stay independent, says Kessel Stelling, the Columbus, Ga., company’s chairman and CEO.
July 24 -
JPMorgan Chase (JPM) agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.
July 24 -
FirstMerit (FMER) in Akron, Ohio, trumped higher noninterest costs with more lending for a slight gain in quarterly profits.
July 24 -
Bank of America (BAC) has hired more than 30 bankers in the greater Chicago area as part of a broader plan to beef up its services for small-business owners.
July 24




