Consumer banking
Consumer banking
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BankAtlantic Bancorp Inc. continues to assert that it will be a survivor even after its latest effort to raise capital fell short of expectations.
June 29 -
The Federal Trade Commission on Wednesday told Congress that consumers must be confident that their privacy will be protected if they are to be willing to take advantage of all the benefits offered by the Internet marketplace.
June 29 -
Private-equity groups and other have investors have committed roughly $515 million to recapitalize the ailing First BanCorp in San Juan, P.R., setting the stage for the $15 billion-asset company to convert its preferred stock owned by the Treasury Department into common stock.
June 29 -
CenterState Banks Inc. in Davenport, Fla., has sold off a chunk of nonperforming loans in a deal that it says would free up capital that it could use for future expansion.
June 29 -
First PacTrust Bancorp in Chula Vista, Calif., said late Tuesday that it expects to raise about $31.5 million from selling common stock.
June 29 -
The struggling Anchor BanCorp Wisconsin reported a loss of $21.7 million for the quarter that ended March 31, narrowing losses by 27% from a year earlier.
June 29 -
First BanCorp struck a deal with Oaktree Capital Management L.P. for a roughly $175.5 million investment, marking the completion of the bank's effort to raise more than $500 million in fresh capital.
June 29 -
Acquiring banks have agreed to resolve the unpaid Tarp funds of target institutions, bringing the number of such deals to 16 with the vast majority taking place since mid-2010.
June 28 -
The $135 billion-asset company plans to use the branch to provide financing, syndicated lending and foreign-exchange trading, the Fed said in a press release Tuesday.
June 28 -
Lawmakers sided with community banks on Tuesday in expressing concern that a pending risk retention rule and other new regulations will soon drive small institutions from the mortgage business.
June 28 -
The Fed announced written agreements with four banking companies: Southern Community (N.C.), First Community (Texas), First Chatsworth (Ga.) and First National (Ala.)
June 28 -
Experian announced Tuesday that it has signed an agreement to acquire Medical Present Value Inc. (MPV), a provider of revenue cycle management software, data and analytics to more than 75,000 U.S. physicians, for $185 million. MPV's assets will immediately become a part of Experian.
June 28 -
Teletrack Inc. has agreed to pay $1.8 million to settle Federal Trade Commission charges that it sold credit reports to marketers, a violation of the Fair Credit Reporting Act (FCRA).
June 28 -
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Despite pleas by the credit union lobby, Gov. Scott Walker signed a state budget bill with a measure making it easier for credit unions to convert to banks.
June 27 -
Richard M. Riccobono, the former chief executive at the Federal Home Loan Bank of Seattle and one-time deputy director at the Office of Thrift Supervision, has landed a new job as the chief banking regulator in Washington State.
June 27 -
Cash-strapped Santa Lucia Bancorp in Atascadero, Calif., has called off its plan to raise capital through a stock offering because it has found a buyer instead.
June 27 -
Urban Partnership Bank has spent nearly a year finding ways to continue ShoreBank's mission of banking the underserved while also avoiding the failed bank's fate.
June 27 -
Pioneer Bank in Dripping Springs, Texas, said it was cleared to receive about $3 million from the program, according to Monday's online edition of the Austin Business Journal. The $106.4 million-asset bank is expected to swap preferred stock for SBLF funds.
June 27 -
Hanmi Financial Corp.'s on-again, off-again relationship with South Korean banking giant Woori Finance Holdings Co. is back on again.
June 27




