Consumer banking
Consumer banking
-
PNC Financial Services will not need to issue additional shares of common stock to complete its $3.45 billion acquisition of RBC Bank USA, the Federal Reserve Board said.
November 29 -
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
November 29 -
It's hard to pin down precise numbers, but anecdotal reports in news outlets across the country suggest that hundreds of thousands of Americans responded to "National Transfer Day" campaign by switching their deposits from major banks to credit unions.
November 28 -
The Nasdaq has warned Broadway Financial Corp. that the company is in danger of being delisted from the exchange.
November 28 -
BATTLE CREEK, Mich. – Omni Community CU plans to open a branch in Kalamazoo, its seventh branch overall, in December at a site that once housed the Access First FCU branch.
November 28 -
WATERLOO, Iowa – Veridian CU opened a new branch in Coralville, the credit union’s 27th branch and second new facility in the past few months.
November 28 -
GLENDALE, Ariz. – Alaska USA FCU said has agreed to build a data center in north Glendale in 2012.
November 28 -
The companies said in a press release Monday that "irreconcilable differences of opinion regarding a number of matters" had developed and, as such, the boards had decided to terminate their agreement.
November 28 -
Hedge fund Hildene Capital fights carve-out agreement, arguing that if BankAtlantic wants to sell most of its assets, the buyer has to assume its debt.
November 28 -
-
First National Community Bancorp Inc. in Dunmore, Pa., has turned to Steven R. Tokach, a community banking veteran and a former examiner with the OCC, to help it resolve its ongoing accounting woes.
November 28 -
BarclayCard and Visa Europe will facilitate contactless payments in the arena during the Summer Olympics and other major events.
November 28 -
Toronto-Dominion's U.S. bank is slowly carving out a wider wedge of the tumultuous market for retailers' credit cards.
November 28 -
Throughout his career, Barney Frank was unapologetic about his strong positions, but his legacy will be his ability to work the legislative process to his advantage.
November 28 -
During the last century, economic growth in the United States was unparalleled. A large portion of that growth came from the explosion of capital formation for small companies. It is high time that America gets back to that future.
November 28 -
Several community banks have decided to forgo an appeal of decisions by major stock exchanges to delist their shares, deciding the benefits of a listing aren't worth the cost of the fight.
November 28 -
Citigroup Inc.'s $285 million settlement with the U.S. Securities and Exchange Commission over mortgage-backed securities was rejected by federal judge who said he hadn't been given enough facts to approve it.
November 28 -
Taylor Capital Group Inc. in Chicago is looking to add up to $72 million in common equity that it says would strengthen its capital position and give it the flexibility to pursue growth opportunities.
November 28 -
The Consumer Financial Protection Bureau sets up offices to oversee three financially vulnerable groups.
November 28 -
Analysts believe that community banks face new challenges in 2012 after addressing capital and credit issues.
November 28





