Consumer banking
Consumer banking
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Forget ROA and efficiency ratio. When it comes to buying stakes in small banks, many investors are looking at indicators like commodities prices, executives' ages and city-by-city market conditions.
April 4 -
Everytown for Gun Safety says that its recommended guidelines are similar to banks' know-your-customer principles.
April 4 -
Late-payment rates at banks declined in nine out of the 11 consumer loan categories tracked by the American Bankers Association, including credit cards, auto loans and personal loans.
April 4 -
The financial services industry and community reinvestment advocates both praised the Treasury Department’s recommendations for reforming Community Reinvestment Act enforcement.
April 3 -
United Community Banks in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO.
April 3 -
Marlin will originate and sell equipment loans and leases to Varadero Capital in a move that will provide the lender with a new source of funding.
April 3 -
First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.
April 3 -
David Kemper is set to hand the reins over to his son, John, this summer.
April 3 -
The Treasury's recommendations come as federal bank regulators have indicated they will soon release a proposal to reform Community Reinvestment Act policy.
April 3 -
A broad network of financial data, such as utility payments and direct deposits, could help those without established credit histories better obtain loans. It might also help lenders make more accurate underwriting predictions.
April 3 -
Jimmy Tallent, who will become the Georgia company's executive chairman, will be succeeded by Lynn Harton.
April 2 -
If the National Credit Union Administration appeals a judge's decision against part of its rule, it could help the ABA potentially upend other provisions.
April 2 -
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Washington Federal, which is working through Bank Secrecy Act issues, also allowed Anchor to consider offers from other potential buyers.
April 2 -
A court agreed with HomeStreet that Blue Lion Capital failed to comply with the company's advance-notice bylaw when it submitted director nominations and shareholder proposals.
April 2 -
Slowly and silently, 10,000 free-to-use ATMs are set to disappear from Britain’s high streets over the next four years — despite recent findings that at least 3 million people across the U.K. rely on cash for almost all of their day-to-day payments.
April 2 -
Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.
April 1 -
U.S. banks lag the technology, telecommunications and energy sectors in what they pay employees, according to new data. The gap suggests that the industry may not be the acting aggressively enough to remake itself for the digital age.
March 30 -
Banks that scored high in customer-satisfaction ratings did so for their front-line service, not their tech capabilities, a study finds.
March 30 -
A federal judge struck down two provisions of the National Credit Union Administration's embattled field of membership regulation as "manifestly contrary to statute," while upholding two others.
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