Consumer banking
Consumer banking
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Making good on its promise to continue to grow through acquisitions, Iberiabank Corp. in Lafayette, La., announced Monday that it is buying the $350 million-asset Florida Gulf Bancorp Inc. in Fort Myers for up to $48.1 million in stock and cash.
March 19 -
Citizens Financial Group in Providence, R.I., has become the latest banking company to increase fees on its checking accounts.
March 19 -
SunTrust Banks Inc. will make several changes in its executive lineup, including top officers in retail banking.
March 19 -
Pacific Crest FCU announced on Monday that it is acquiring two northern California branches from ailing PremierWest Bancorp.
March 19 -
KLAMATH FALLS, Ore. – Pacific Crest FCU announced this afternoon it is acquiring two California branches from ailing PremierWest Bancorp.
March 19 -
The Federal Housing Finance Agency had sharp words Monday for state and local governments that have passed laws meant to help homeowners facing risk of foreclosure, blaming them for slowing down the foreclosure process.
March 19 -
To date, the public dialogue about the Transaction Account Guarantee program has been divided between the political and reputational risks of continuing this extraordinary federal insurance and the potential liquidity crisis that could ensue if the program ends prematurely and abruptly.
March 19 -
New guidelines say directors and officers could face investigation from the agency if they copy or remove bank records before a seizure.
March 19 -
Less than 250 credit unions have the size, capital, and charter needed to successfully buy a community bank.
March 19 -
Bank CEOs gathered at an industry conference had some sharp words for regulators — and for each other. Click through to see the best zingers from American Banker's Best Practices in Retail Banking conference.
March 19 -
Union Bank's deal to buy Pacific Capital is making the U.S. Treasury's decision to a quick write-down on its investment in the target on look like a shrewd choice.
March 19 -
United Security Bancshares Inc. in Thomasville, Ala., reported a fourth-quarter loss of $9.5 million, compared with a loss of $6.5 million a year earlier, as it recorded a $4.1 million goodwill impairment charge to reflect continued weakness in its real estate portfolio.
March 19 -
BillMyParents announced Monday that it will soon be talking directly to its prepaid card users over the Web through a deal with RespondQ.
March 19 -
In what would be the first acquisition in its 50-year history, Peoples State Bank in Wausau, Wis., is planning to buy the $108 million-asset Marathon State Bank in nearby Marathon City for $5.6 million.
March 19 -
As Chris Larsen steps aside as Prosper's CEO, the company — and the rest of the peer-to-peer lending industry Larsen helped create — has the opportunity to change its course and possibly even merge with one of the very banks it originally sought to displace.
March 19 -
Crybaby bankers, when not engaged in weeping over new rules, focus on attacking "shadow banking," whether in the form of payday lending or money funds.
March 19 -
SHANGHAI (Dow Jones) - Citigroup Inc. said Monday it has sold its entire 2.71% equity stake in Shanghai Pudong Development Bank, which will result in an after-tax gain of approximately $349 million.
March 19 -
In her column, "It's Time for Money Funds to Fess Up About Fluctuating Values," Barbara Rehm seems too intent on promoting regulations "that could make money funds miserable," regardless of their impact on investors, the financial system, and the economy.
March 16 -
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Two leaders synonymous with Synovus, former CEOs James H. Blanchard and Richard E. Anthony, will not stand for re-election. Current CEO Kessel Stelling says the change will not sway its attitudes toward staying independent or selling itself.
March 16




