Consumer banking
Consumer banking
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Bank partnerships with colleges and universities may not pay off for students, the consumer group said in a report unveiled Wednesday.
May 31 -
The puffy cartoon birds of popular mobile game Angry Birds will soon grace a new line of bank cards in Russia.
May 31 -
The JOBS Act opened the door for more banks to deregister from the SEC. So far, more than 60 banks and thrifts have filed to deregister less than two months after the law was signed.
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Kip Weissman, partner with law firm Luse Gorman Pomerenk & Schick in Washington, says lack of options for small banks has more of them weighing whether to partner with similarly sized rivals.
May 31 -
The Justice Department said Thursday that SunTrust Banks Inc.'s (STI) mortgage-lending unit would pay $21 million to settle charges that it discriminated against minorities seeking loans.
May 31 -
Banks today are searching for ways to increase profitability while also navigating a growing number of regulations that require stronger risk management. The result is that banks are trying to pivot back into growth mode while simultaneously needing to manage their exposure more rigorously.
May 31 -
Preferred Bank (PFBC) of Los Angeles has signed a memorandum of understanding with regulators after a more formal consent order was lifted.
May 31 -
MasterCard Inc. (MA) Chief Executive Ajay Banga said card spending between April and late May rose in the U.S. and abroad.
May 31 -
Fitch Ratings has lowered its outlook on Trustmark Corporation (TRMK) from "stable" to "negative" following Jackson, Miss., company's announcement Tuesday that it is acquiring BancTrust Financial (BTFG) of Mobile, Ala.
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More than a quarter of all national residential sales in the first quarter were either a short sale or bank-owned property, according to RealtyTrac.
May 31 -
The Community Mortgage Lenders of America wants the two government-sponsored enterprises preserved in their current form.
May 31 -
After operating exclusively in Massachusetts for more than a century, United Financial Bancorp (UBNK) in West Springfield is making the leap across the state line.
May 31 -
The CFPB plans to make lenders responsible for disclosures and document integrity, even for services they farm out to third parties, such as appraisals, income verification and collections. Compliance vendors smell cash in the water.
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The election inspector determined that the nominee for Stilwell Group was delinquent in turning in a signed master ballot, invalidating most of the firm's votes as it challenged the Renton, Wash., company.
May 30 -
American Banker's metro Washington reporters found themselves working above a crime scene on Wednesday, after a PNC bank branch in the same building was robbed.
May 30 -
What would happen if you took the creativity and user-focused design sensibility of Silicon Valley and applied it to one of the least consumer-friendly industries on the planet — financial services? What is the Apple of budgeting? The Facebook of lending? The Google of bill payment?
May 30 -
SCRANTON, Penn. -- Cross Valley FCU opened a new branch this week and will open another in June.
May 30 -
PHILADELPHIA – American Heritage FCU opened its newest branch inside the ShopRite in Philadelphia.
May 30 -
Bank of America (BAC) announced Wednesday that it has hired more than 85 small-business bankers on the West Coast as part of its previously announced plan to add roughly 1,000 bankers nationwide by the middle of this year.
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