Consumer banking
Consumer banking
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McGraw-Hill disclosed Monday the SEC is weighing action against its Standard & Poor's Ratings Services unit tied to its ratings for a collateralized debt obligation dating back to the financial crisis.
September 26 -
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These women some newcomers, and some familiar faces in new roles are on the rise and well positioned to shape the industry for years to come.
September 25 -
Whether they work in insurance, on Wall Street, or at credit card companies, these women are all making a mark on the industry.
September 25 -
State regulators closed a bank on each coast Friday, bringing the failure tally this year to 73.
September 23 -
Bank of America Corp. is negotiating to sell its correspondent mortgage business to a unit of the private-equity firm Fortress Investment Group LLC in New York, according to people familiar with the situation.
September 23 -
In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to an analyst.
September 23 -
Vikram Pandit, Citi's CEO, pushed for greater consumer regulation, including better disclosure by credit card companies and a significant shift in consumer lending.
September 23 -
The acquisition of a small Dallas-area bank has been called off because the buyer was unable to raise enough capital to complete the deal.
September 23 -
From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.
September 23 -
Bill Beckmann took on a job that has become among the most daunting among executive jobs in the mortgage industry: President and chief executive of Merscorp Inc.
September 23 -
New regulations reducing debit card interchange fees are causing some banks to charge customers more for using debit cards, which could drive consumers to increase their use of credit cards, according to the Federal Reserve Bank of Boston.
September 23 -
SunTrust Banks Inc. in Atlanta said Friday that it has repurchased more than 4 million warrants it issued to the Treasury Department three years ago as part of its participation in the Troubled Asset Relief Program.
September 23 -
Alternative capital instruments would allow mutually held banks to become more vital providers of financial services.
September 23 -
Contrary to many community banks, Eagle Bancorp of Bethesda, Md., has strong loan demand and lacks sufficient deposits to cover the loans. Eagle CEO Ron Paul and analysts cite the relative economic health of the Washington area for Eagle's growth, leading to a need for creative solutions.
September 23 -
The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Texas, citing credit and capital concerns.
September 23 -
Fannie Mae and Freddie Mac should ease restrictions on sales of foreclosed properties and let individual investors buy up to 50 each, says Lewis S. Ranieri.
September 23 -
When looking for fraud, merchants and card issuers typically see only their half of a customer interaction, and getting useful data can be like listening to one half of a phone call. A London payment processor seeks to change this by giving both players the full conversation.
September 23 -
Sandler O'Neill & Partners analyst Kevin Fitzsimmons on Friday lowered his 2012 earnings estimates for 11 regional and community banks amid concern about weak loan demand and mounting pressure on net interest margins.
September 23






