Consumer banking
Consumer banking
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The early read on M&A this earnings season: A weak economy and job market are putting a damper on deals, even as lending and revenue tick up.
July 19 -
Concerns over Bank of America Corp.'s capital levels took front and center during the bank's conference call with analysts discussing second-quarter results Tuesday.
July 19 -
Isis, the mobile carrier-led mobile payments venture that initially planned to compete against incumbent payment networks, now says it has formed relationships with them.
July 19 -
AmeriServ Financial Inc. in Johnstown, Pa., said that its second-quarter earnings increased by more than 300%, to $1.9 million, from the same period last year because it did not have to set aside any funds for loan losses.
July 19 -
Mercantile Bank reported second-quarter earnings of $2.4 million, compared to a reported loss of $700,000 a year earlier, driven largely by a reduction in credit costs.
July 19 -
Jones Bancshares LP agreed to serve as a source of strength to its $405.1 million-asset PrimeSouth Bank in Blackshear, which has been operating under a consent order from the Federal Deposit Insurancce Corp. since Jan. 31.
July 19 -
First Financial Holdings Inc. in Charleston, S.C., is looking to unload $155 million of mostly troubled real estate loans by the end of 2011.
July 19 -
First BanCorp in San Juan, P.R., has increased the maximum amount of its planned capital raise from $550 million to more than $562 million.
July 19 -
Electronic invoicing companies Transactis and Data Impact said Tuesday that they merged operations.
July 19 -
Bank of Hawaii in Honolulu has agreed to pay $9 million to settle a class-action lawsuit in which it was accused of improperly charging overdraft fees on debit card transactions.
July 19 -
Ingenico SA struck a deal with a distributor of point of sale equipment that will help the French company expand in the United States.
July 19 -
The card issuer launches Facebook application to offer cardholders customized deals based on their "likes" and interests.
July 19 -
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Citi plans to issue chip-based EMV credit cards later this year.
July 18 -
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Fear, uncertainty and doubt prevent most U.S. banks from daring to replace their aged core systems today. But Vancouver-based North Shore Credit Union experienced few hiccups and overall happiness with a new core from Temenos.
July 18 -
With the administration choosing someone to lead the Consumer Financial Protection Bureau who may draw more GOP opposition than Elizabeth Warren, some insiders speculated the White House may be open to compromise over the bureau's structure to win confirmation for Richard Cordray.
July 18 -
The Los Angeles company is now telling investors it may scale back its ambitions and raise only what it needs to complete its acquisition of rival Center Financial Corp.
July 18



