Consumer banking
Consumer banking
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Toronto-Dominion Bank and TCF Financial Corp. said Thursday they had completed separate acquisition deals — TD for almost all of MBNA Canada's credit card portfolio, TCF for auto lender Gateway One.
December 1 -
Sheshunoff & Co. has devised a three-part quiz to determine if a troubled bank offers a good bargain or is too risky to purchase.
December 1 -
A recent American Banker online survey asked what to do about unprofitable customers. Most responders said that bankers must be more "creative" and find profitable ways to keep these customers.
December 1 -
Bank of America Corp.'s relatively new wealth-management unit for mass-affluent consumers is on target to meet growth goals, despite recent shakeups at the company's broader retail bank.
December 1 -
Massachusetts Attorney General Martha Coakley on Thursday sued five national mortgage lenders — Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial — alleging their foreclosure practices were unlawful and deceptive.
December 1 -
Analysts debate the benefits of getting into wealth management and insurance vs. sticking to traditional lending.
December 1 -
The names of 18 former CapitalBank branches in South Carolina have been changed to Park Sterling Bank.
December 1 -
Union First Market Bankshares Corp. in Richmond, Va., said Thursday that it will redeem preferred stock issued to the Treasury Department as part of the Troubled Asset Relief Program.
December 1 -
Discover Financial Services on Thursday said it has expanded its partnership with Zynga, Inc., which makes online games including FarmVille.
December 1 -
Jimmy Didden of National Capitol doesn't believe that intense regulation of the big banks will make the system or the economy any stronger.
December 1 -
North Jersey Community began having networking breakfasts for female business owners in the area and converted some to clients who turned out to be strong advocates for the bank.
December 1 -
A 'silent migration' in bank supervision has some institutions switching from federal to state charters.
December 1 -
The Consumer Financial Protection Bureau lacks leadership at the moment, but not direction. Although Elizabeth Warren has left and Richard Cordray has yet to be confirmed, their laundry list is extensive and they're getting down to business.
December 1 -
Banks launched later in the decade, whose ramps to profitability lagged their predecessors’, provide a cautionary tale about headwinds that can emerge in an unstable economy, and the dangers of piling into a strategy based on brokered deposits and real estate lending.
December 1 -
The roughly 800 banks opened since 2002 have failed at about twice the industrywide pace. But some, including a few that have been repurposed as rollup vehicles, have prospered. The tables here rank the best and worst performers among the de novos of the past decade.
December 1 -
The Treasury said Thursday it expects to gain net proceeds of $3.4 million after pricing warrants to purchase shares in Associated Banc-Corp., one of the financial institutions it rescued during the financial crisis.
December 1 -
Bank of America Merrill Lynch has closed its private banking unit in Brazil, in order to concentrate its efforts in areas where it is more competitive here, the Valor Economico reported on Thursday.
December 1 -
The National Association of Realtors' leading indicator of future home sales unexpectedly jumped 10.4% in October after falling 4.6% the previous month.
November 30 -
Three banking industry veterans are launching a hedge fund that will invest in small and mid-sized banks that are ripe for consolidation.
November 30 -
Trustmark said late Wednesday that it will pay $22 million for the $247 million-asset Bay Bank, representing about 85% of the seller's tangible book value at Sept. 30.
November 30






