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Capital One Financial Corp., the credit-card lender that grew into a diversified bank, hired former PayPal executive Don Kingsborough to help run a division that makes strategic investments in technology startups.
July 23 -
The Consumer Financial Protection Bureau, citing illegal student loan and debt collection practices, on Wednesday fined Discover Bank $18.5 million.
July 23 -
The U.S. Department of Defense on Tuesday issued the final Military Lending Act (MLA) rule to protect service members from predatory credit practices and grow their financial protections.
July 22 -
Eagle Bancorp in Bethesda, Md., exceeded analysts' expectations for the second quarter.
July 22 -
Texas Capital Bancshares in Dallas reported a higher second-quarter profit, citing increased lending and a boost in the number of loans held for investment.
July 22 -
TrustCo Bank Corp NY in Glenville, N.Y., has agreed to improve corporate governance, capital planning, internal auditing and other areas after federal regulators found the issues during an examination.
July 22 -
Discover Financial Services in Riverwoods, Ill., continued its run of quarterly profit declines in the second quarter, due primarily to higher costs for compliance, marketing and customer rewards.
July 22 -
HomeTrust Bancshares in Asheville, N.C., has hired PNC Financial Services Group banker Kristin Powell as co-director of mortgage lending.
July 22 -
American Express Co., the biggest credit-card issuer by purchases, posted second-quarter profit that beat analysts' estimates as expenses fell.
July 22 -
The Mortgage Bankers Association on Wednesday said the housing market recovery has shifted to "a higher gear," and it raised its forecasts for total originations and home purchases for this year and 2016.
July 22
