Consumer banking
Consumer banking
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Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.
June 18 -
Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions.
June 18 -
At a conference on corporate culture, Wells Fargo’s board chair explained why problems tend to fester longer at larger institutions.
June 18 -
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.
June 18 -
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill.
June 17 -
C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May.
June 15 -
Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.
June 15 -
Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.
June 15 -
The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details.
June 15 -
Starling's Anne Boden and Mastercard's Ann Cairns have a similar warning for the banking and tech sectors. Facebook scolds activist investor Natasha Lamb for being "not nice." And some big Most Powerful Women moves, as Catherine Keating takes a new CEO job and Kathie Andrade exits TIAA.
June 15 -
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.
June 15 -
Approval rates for small-business loan applications were up at small and larger financial institutions as the labor market continued to improve.
June 15 -
The settlement applies to customers who had accounts opened without their consent over a 15-year period beginning in May 2002.
June 15 -
Of all the types of malicious software targeting businesses, ransomware continues to be one of the most pervasive, according to recent studies. Here's an overview of the things banks, especially small ones, are doing to stop it.
June 15 -
The company, which was flagged for two products, has been working with its regulators to determine the right amount to set aside.
June 15 -
The acquisition will help Carolina Trust expand its operations around Charlotte.
June 15 -
Largest banks would be limited on how much risk they could have with each other; the credit bureau has hired the former head of the computer giant's Watson unit.
June 15 -
Dan Heine and Diana Yates were accused of hiding Bank of Oswego's condition by inaccurately reporting bad loans.
June 14 -
Opening internet cafes and investing in new technology are part of an effort to provide nimble, efficient services, the bank's CFO said in a strategy talk.
June 14 -
Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.
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