Consumer banking
Consumer banking
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The company plans to use some of the offering's $48 million in proceeds to redeem preferred stock.
October 31 -
Political stalemates have convinced many executives that relief will only come when agency leaderships turn over.
October 31 -
Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.
October 31 -
David Ritchie, a regional manager for U.S. Bank, will succeed the retiring David Tabor in early November.
October 30 -
Blood drives, scholarships, helping four-legged friends and other ways credit unions are giving back.
October 30 -
Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.
October 30 -
The OCC has terminated orders against three of Fulton's banks. The company and two other banks still have BSA-related orders.
October 30 -
Salaries and benefits are up, as banks work harder to recruit and retain staff. So are casual days, wellness programs and other perks.
October 30 -
The bank is looking to raise $72 million, which it could use for organic growth and acquisitions.
October 30 -
It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.
October 29 -
It's tough to be a bank director these days, as the public and elected officials hold the board responsible for misdeeds that occur on their watch. Turnover is up, and filling the seats is more of a challenge than ever.
October 29 -
Banks are revamping and investing in new wholesale systems to solve the frustrations felt by corporate customers.
October 27 -
New branches, big donations and more ways credit unions are giving back to their communities.
October 27 -
Many institutions have delayed planning for a big change to reserve accounting despite a belief that they should start testing systems and methodologies next year.
October 27 -
The Montana company agreed to buy Inter-Mountain Bancorp in an all-stock deal valued at $173 million. The company has lined up nine bank acquisitions in the last five years.
October 27 -
While the Consumer Financial Protection Bureau was careful to note that the principles were not binding, the industry should still adopt the guidelines going forward.
October 27 -
More people are making a case for regulators to step in, saying banks’ lack of leadership diversity is a risk that they have failed to resolve on their own. There is one very surprising thing about the recent wave of sexual harassment allegations. What kind of program will help women advance? The answer might be one that is for the men.
October 26 -
If Congress changes the $50 billion-asset threshold for systemically important financial institutions, big banks could take it as a signal that regulators would be amenable to larger deals.
October 26 -
That loan growth helped boost the San Antonio bank's profit by 16.5% year over year.
October 26 -
The bank’s 3Q results will make it harder for the CEO to win over some investors skeptical of his strategy to build up the investment bank, and he is already the subject of a whistleblower investigation by regulators.
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