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Bank of America plans to lift its dividend above a level that Warren Buffett said would compel him to convert preferred shares into the lender's common stock.
June 29 -
Six biggest banks set to return nearly $100 billion to shareholders; Capital One’s plan approved by Federal Reserve, but with conditions.
June 29 -
With lawmakers bracing for a major policy undertaking to reform the government-sponsored enterprises, they can take comfort that they don’t need to start from scratch.
June 29
Calvert Advisors LLC -
Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.
June 29 -
The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests.
June 28 -
Out of the ashes of the fake-accounts fiasco, heads of business lines became more open to change, an executive at the bank’s innovation group said Wednesday.
June 28 -
The brief supporting field of membership expansion — in the face of a lawsuit by the American Bankers Association — is a sign of continued collaboration between CUNA and NAFCU.
June 28 -
All 34 banks passed the Fed’s CCAR stress test, fueling industry calls to dial back the intensity of the stress tests. But many of the changes have already been internalized by banks.
June 28 -
The Main Street GSE Reform Coalition offered three principles: creating a capital buffer for Fannie and Freddie, continuing with reforms by their regulator and ending the conservatorship that began in 2008.
June 28 -
The bill would help financial institutions with customer due diligence and identifying corporate beneficial ownership of business customers.
June 28 -
At CUNA's America's Credit Union Conference, a look at how credit unions can better capture the hearts and minds of consumers, while also beating back innacurate myths about the movement.
June 28 -
LendUp is seeking to differentiate itself from competitors by making fast loan decisions and designing its customer experience around the mobile phone.
June 28 -
Not content to have Amazon and Walmart steal all the thunder, Target has begun a pilot of a grocery delivery service called “Restock,” with terms that are designed specifically to make its rivals look slower and more expensive.
June 28 -
At CUNA’s America’s Credit Union Conference, two experts shared strategies on how CUs can grow – including strategies to better connect with disengaged members.
June 28 -
Chinese tourists visiting Spain will be able to shop at Spanish stores using their Alipay mobile wallets through an agreement between BBVA Group and Ant Financial Services, the Alibaba affiliate that operates Alipay.
June 28 -
For years, Amazon.com Inc. was the go-to place for online merchants. Increasingly, however, the e-commerce behemoth has competition for the hearts and minds of millions of mom and pops.
June 28 -
Alibaba Group Holding Ltd. will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83 percent, securing control of a fast-growing startup at the vanguard of its Southeast Asian expansion.
June 28 -
Synchrony Financial and Alliance Data Systems are particularly vulnerable to recent shifts in Americans’ shopping habits, according to new research from Moody’s Investors Service.
June 28 -
Another goal of the integration is to encourage more small businesses to convert from paper to electronic payments.
June 28 -
Fed chair says post-crisis rules have made financial system safer and shouldn’t be rolled back; Atlanta bank rolls out internal program to other corporations.
June 28






















