Consumer banking
Consumer banking
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Are disgruntled shareholders trying to seize control of the board Capitol Bancorp Ltd. or at least sack all the directors in one fell swoop?
December 12 -
Litigation fears may impede industry support for shorter credit card term agreements, even though most issuers agree reducing the amount of text is a nice idea.
December 12 -
Short-term disruption of the financial services industry will most likely come from within: when banks partner with financial services entrepreneurs and embrace innovation. It's happened repeatedly in the payments sector: PayPal and Wells Fargo ten years ago, Square and JP Morgan Chase Paymentech today.
December 12 -
Cullen/Frost Bankers Inc. in San Antonio announced Monday that it has agreed to acquire the human resource consulting firm, Stone Partners Inc.
December 12 -
The Royal Bank of Scotland unit, as part of a larger effort to slim down, plans to put its 27 supermarket branches on Long Island up for sale soon, sources say.
December 12 -
Piedmont Community Bank Holdings Inc. in Raleigh, N.C., wants to up its ownership stake in Crescent Financial Corp. of Cary, N.C., and is giving Crescent shareholders more time to mull its offer.
December 12 -
The mobile payment venture Isis, still almost a year away from launching its application, is partnering with an industry heavyweight to serve as the security guard for its wallet.
December 12 -
Former Wal-Mart financial services head Jane Thompson praises the innovative customer service and design of some bank branches - especially at the now-defunct Washington Mutual Inc.
December 12 -
The Baltimore law firm Ober Kaler has added longtime banking attorney Andrew F. Campbell to its financial institutions practice.
December 12 -
Fiserv said Monday that more than a dozen financial institutions signed up for its mobile source capture product.
December 12 -
Peoples Bank of Alabama in Cullman, Ala., is launching 30 of NCR's SelfServ automated teller machines that allow customers to deposit checks and cash at the same time through a single slot.
December 12 -
The stocks of 10 community banks will be added to the Nasdaq ABA Community Bank Index next week while the stocks of four others will be removed.
December 12 -
PNC Financial Services Group Inc., of Pittsburgh, officially entered the Atlanta market over the weekend after closing a deal to acquire Flagstar Bancorp Inc.'s 27 branches there.
December 12 -
First Niagara's chief knows how to party, photos show. Lighter moment is part of serious effort at breaking the ice with new employees of a rapidly growing company, officials of the Buffalo bank say.
December 12 -
Even with the housing market stabilizing and a settlement between megaservicers and state AGs on the horizon, the mortgage industry shouldn't expect an increase in originations next year, according to a new forecast from Keefe, Bruyette & Woods.
December 12 -
Although insurance giant MetLife Inc. is contemplating bids for its banking and mortgage divisions, the company's warehouse lending unit is nearing the $1 billion mark in terms of commitments.
December 12 -
After reporting a profit of $2.6 million in the third quarter, Pacific Continental Corp. in Eugene, Ore., is projecting a loss in the fourth quarter as result of expected writedowns on certain real estate loans.
December 12 -
Wholesale lenders table funded almost $33 billion of loans in the third quarter, giving the channel a 9.2% market share, according to new figures compiled by National Mortgage News and the Quarterly Data Report.
December 9 -
The consumer agency officially opened its ombudsman’s office on Friday.
December 9 -
It costs a bank $349 a year on average to maintain a checking account. As banks decide whether or not to add fees to their free checking offerings, they must evaluate their costs carefully.
December 9




