Consumer banking
Consumer banking
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S1 and ACI Worldwide are each trying to win over shareholders in their ongoing merger feud. The Vendors on Monday tried to influence how S1's shareholders will vote for its pending merger with Fundtech.
August 15 -
As Bank of America and other large banks try to dispose of unwanted credit card assets, they are fueling a slow revival in card portfolio M&A — and creating opportunities for smaller banks to get back into the issuing business.
August 15 -
The FDIC's return to black has led to calls for banks to get back some of the prepayments they made into the agency's Deposit Insurance Fund.
August 15 -
Suffolk Bancorp in Riverhead, N.Y., is planning to restate its earnings for third and fourth quarters of 2010, as well as for the full year, after its audit committee determined that portions of the loan-loss provision it took in this year's first quarter should be applied to prior quarters.
August 15 -
One bank postponed its initial public offering because of recent volatility, and others stock offerings could be delayed for weeks or months. It was bad timing for banks trying to get the jump on weakened competitors.
August 15 -
ISIS, the telecom consortium intent on offering a mobile payment scheme, is building out a wider range of mobile wallet capabilities to keep up with its aggressive rival, Google.
August 15 -
Losses at First Financial Services Corp. mounted in the second quarter after the Elizabethtown, Ky., company set aside an additional $13 million to deal with problem loans.
August 15 -
Looking to trim its overhead, West Coast Bancorp in Lake Oswego, Ore., is planning to close three of its roughly 62 full-service branches by the end of November.
August 15 -
Google's acquisition of Motorola Mobility Holdings strengthens the search giant's mobile payment plans.
August 15 -
After initially warning investors that it expected to report a loss of $4.6 million in the second quarter, Wilshire Bancorp in Los Angeles now says that it turned a $2.1 million profit.
August 15 -
Bank of America Corp. said Monday that it is selling an $8.6 billion credit card portfolio in Canada and plans to unload $19 billion of card loans in Europe as it works to exit the international card business.
August 15 -
WASHINGTON — The Office of the Comptroller of the Currency shut $538.1 million-asset First National Bank of Olathe in Kansas, the first failure in the state this year, bringing the total number of collapses in the country to 64.
August 12 -
Banking companies that received rescue capital from the government and fall behind on payments have trouble getting out of the hole.
August 12 -
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The Obama administration faces reputational and practical problems if it rents out foreclosed homes as part of its new efforts to unload the backlog of real-estate owned properties held by Fannie Mae and Freddie Mac.
August 12 -
Green Bankshares Inc. in Greenville, Tenn., reported a net loss of $12.4 million for the second quarter as it prepares to sell to North American Financial Holdings Inc.
August 12 -
Capmark Financial Group Inc. announced Friday that it has abandoned plans to sell off the controlling interest it holds in its bank subsidiary, Utah-based Capmark Bank, after unsettling market conditions broke apart negotiations.
August 12 -
First Mariner Bancorp in Baltimore disclosed Friday that it has a hearing later this month that could have a key influence on its future.
August 12 -
The Federal Reserve's vow to keep interest rates low for another two years has taken a number of bankers by surprise.
August 12 -
Amherst Advisory & Management, the asset-management unit of mortgage bond specialist Amherst Holdings LLC, this week said it will soon make its first claims against lenders responsible for faulty home loans, a sign that more investors are joining the uprising against banks.
August 12







