Consumer banking
Consumer banking
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Although it sports fees high enough to make Bank of America blush, this is no Kardashian Kard, the sponsor says.
November 22 -
Bank of America Corp. said Tuesday it has hired 280 new wealth-management advisers in Texas and Florida, doubling its overall number of advisers to more than 1,000 nationwide.
November 22 -
Big banks can win on price, but small banks say commercial lending is too attractive to give up on. Some community bankers are hunting for customers that bigger banks might discount and for loan officers displaced by M&A.
November 22 -
A group of retail trade groups allege that the central bank did not properly follow the instructions of Congress when it capped interchange fees at around 21 cents per transaction.
November 22 -
At the end of October, the Obama Administration announced changes to the Home Affordability Refinance Program that conceivably will make as many as 2 million more homeowners eligible for refinancing over the next two years. This will lower the default risk for the government sponsored entities and their ultimate backers, the American taxpayers, and should provide some level of economic stimulus.
November 22 -
There is always room to maneuver when a balance sheet number represents "management's best estimate."
November 22 -
As Dodd-Frank regulations come into focus, critics say they're complex to the point of being unworkable. Here's a simple solution.
November 22 -
WASHINGTON — A Tennessee bank owner must get prior Federal Reserve approval to pay dividends or increase debt.
November 22 -
Banks have spent billions of dollars to stop data thieves cold in their tracks, but despite the investments, lenders remain daunted by one of the oldest tricks in fraudsters' playbooks: card skimming.
November 22 -
First Midwest Bancorp Inc. in Itasca, Ill., has completed the sale of $115 million in senior notes and will use the proceeds to exit the Troubled Asset Relief Program.
November 22 -
Two Los Angeles community banks largely owned by the same investment group are planning to merge - the latest in a string of deals between California banks.
November 22 -
HAMILTON, Ohio – Aur Group Financial CU has opened a student-run branch in Hamilton High School called Big Blue CU.
November 21 -
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Brian Moynihan, CEO of Bank of America, belatedly rationalized the Bank's announcement of a $5 per month fee for use of debit cards (which was later rescinded) by saying that the fee was "completely clear and transparent." Silly defense for such a grotesque blunder.
November 21 -
Bridge Bancorp Inc. in Bridgehampton, N.Y., said late Monday that it will raise up to $10 million by selling common stock.
November 21 -
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Sales of previously owned homes in the U.S. unexpectedly rose in October, a sign falling prices may be attracting buyers.
November 21 -
Consumer groups applaud agency's decision to allow more time for comment on Cap One's deal for the credit card portfolio of HSBC.
November 21 -
Unable to withstand the loss of such high-profile clients as Fannie Mae and Freddie Mac, Steven J. Baum P.C., New York's largest foreclosure law firm, is closing its doors.
November 21 -
Heightened regulation is forcing more bank buyers to overhaul their entire computer platform as regulators zero in on a greater need for compliance.
November 21



