Consumer banking
Consumer banking
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I'm hoping William Dudley would consider a meander down the street to Zuccotti Park, with the Fed's consent order against Goldman Sachs in hand. Let the crowd know that the Fed not only shares your pain, but has a few analgesics that might make you feel a bit better.
October 26 -
Investors say their appetite for the nation's smallest banks has waned due to market uncertainty, leading more to consider bigger community banks.
October 26 -
Sterling Financial Corp.'s shares jumped 11% Wednesday, to close at $15.02, after the once-embattled Spokane, Wash., company reported its highest quarterly profit in nearly four years.
October 26 -
Ocwen Financial Corp., which this week agreed to buy Morgan Stanley's Saxon Mortgage Services Inc., isn't planning on stopping its shopping spree anytime soon.
October 26 -
Both the chief executive officer and the chairman of the board of Freddie Mac are stepping down within the next few months, the Federal Housing Finance Agency said Wednesday.
October 26 -
The chief executive of mortgage finance company Freddie Mac intends to step down within the next year after just over two years on the job, a federal housing regulator said Wednesday.
October 26 -
As hundreds of national banks disappear and community banks increasingly chose a state charter, policymakers must consider the impacts.
October 26 -
Merchants will dictate which mobile payment models become mainstream, attendees at a mobile commerce conference this week said.
October 26 -
Trustmark National Bank in Jackson, Miss., has set up a mortgage lending shop in Birmingham, Ala., to serve its growing retail and wholesale customer base in the state.
October 26 -
The acquisition of a failed bank in July gave Wintrust Financial Corp.'s earnings a strong boost in the third quarter.
October 26 -
Bankers beware. There are a number of industries that are expected to languish even when the U.S. economy starts to recover. As banks try to make loans and spread, these might be good ones to avoid. Economists at IBISWorld note that these industries carry considerable risk and the potential for shrinking revenue.
October 26 -
Flagstar Bancorp Inc. in Troy, Mich., reported a net loss of $14.2 million for the third quarter, a 37% improvement over the same period last year and its smallest quarterly loss since the start of the financial crisis three years ago.
October 26 -
A top political prognosticator said the Occupy Wall Street crowd has a long way to go before they evolve into a political movement on par with the Tea Party.
October 26 -
Hudson City Bancorp Inc.'s third-quarter profit declined more than 32% from the same period last year as historically low interest rates battered its investment portfolio.
October 26 -
The Federal Reserve on Tuesday announced a written agreement with Border Capital Group Inc. in McAllen, Texas.
October 26 -
The deal for Anderen would be the largest open-bank transaction in Florida this year, but its price tag, as measure as a multiple of tangible book value, is much lower than those for comparable banks in other states.
October 26 -
First Midwest Bancorp Inc. in Itasca, Ill., said Wednesday that it had received approval from the Treasury Department to redeem $193 million in preferred stock issued in December 2008 under the Troubled Asset Relief Program.
October 26 -
Buoyed by solid loan growth and strong gains in fee income, BOK Financial Corp. in Tulsa, Okla., reported a third-quarter profit of $85.1 million, up 32% from the same period last year.
October 26 -
The future of regional banks is simple: kill or be killed. The survivors will pose a threat to big banks, a roundtable of experts says in its predictions for banking in the year 2036
October 26 -
Nara Bancorp Inc. announced this week that it intends to raise $55 million in connection with its pending acquisition of Center Financial Corp. — a far cry from the $150 million it initially said it would need to seal the deal.
October 26







