Consumer banking
Consumer banking
-
Prosperity Bancshares Inc. in Houston beat analysts' estimates for its fourth-quarter earnings.
January 22 -
Superior Bancorp in Birmingham, Ala., has taken another step in its efforts to improve its capital position.
January 22 -
Following a regulatory exam, Sterling Banks Inc. in Mount Laurel, N.J., said it will restate its results for the second and third quarters of 2009.
January 22 -
Maryland regulators, in the wake of collection law firm Mann Bracken LLP's closing, mailed letters to 1,400 licensed collection agencies in the state this week, instructing them to help connect debtors with the companies they owe.
January 22 -
The Federal Reserve said Thursday it has taken enforcement action against California's Tamalpais Bancorp in an effort to ensure that it maintains sufficient capital.
January 22 - Illinois
WASHINGTON — In an unusual congressional hearing, regulators were essentially put on trial Thursday for having closed a Chicago-based chain of community banks last fall.
January 21 -
-
Sterling Bancshares Inc. in Houston reported Thursday that it returned to profitability in the fourth quarter, after a sharp loss in the third quarter.
January 21 -
Valley National Bancorp announced Thursday that it is slowing de novo branch expansion in New Jersey and New York as it sees the opportunity to expand through acquisition.
January 21 -
First Niagara Financial Group Inc.'s acquisition of a western Pennsylvania branch network from PNC Financial Services Group Inc. is working out better than it had expected.
January 21 -
An estimated 260 different collection agencies and creditors were named in 396 consumer statute lawsuits filed nationwide between Jan. 1 and Jan. 15, according to data from U.S. District Court complaint dockets compiled by research firm WebRecon LLC.
January 21 -
Weinstock, Friedman & Friedman P.A. in Baltimore, a large legal collection firm, is reviewing “huge volumes” of former Mann Bracken cases that were dismissed last week by Maryland District Court Chief Judge Ben Clyburn, Sidney S. Friedman, a managing partner at Weinstock, Friedman & Friedman, tells Collections & Credit Risk.
January 21 -
The Federal Reserve said Thursday it has taken enforcement action against California-based Tamalpais Bancorp in an effort to ensure the bank maintains sufficient capital.
January 21 -
Wells Fargo & Co. yesterday reported a fourth-quarter profit of nearly $3 billion, but said chargeoffs also crept higher during the period. Chargeoffs totaled $5.4 billion, or 2.71% of average loans, up from $5.1 billion, or 2.5% of average loans, in the third quarter.
January 21 -
Now with a war chest of capital, a clean balance sheet and willing management, Hancock Holding is primed to take advantage of down-cycle opportunities and is actively seeking acquisitions in Florida.
January 20 -
Prosperity Bancshares Inc. in Houston is set to pick up Texas branches that were once owned by FBOP Corp.
January 20 -
The Federal Deposit Insurance Corp. has opened a temporary satellite office near Chicago that will house up to 500 non-permanent staff members.
January 20 -
A mortgage broker who allegedly dumped 40 boxes of consumers’ financial records into a public trash bin paid a $35,000 civil penalty to settle Federal Trade Commission charges that he violated the Fair Credit Reporting Act, the FTC's Bureau of Consumer Protection office said today.
January 20 -
Shares of Hanmi Financial Corp. have soared this week following reports in the Korean media that Woori Finance Holdings Co. is looking to take a large stake in the company through a potential equity investment.
January 20


