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Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.
June 23
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The powerful Consumer Financial Protection Bureau is helping to reshape mortgage and payday lending, but its attempts to curb abuses in auto lending have been largely stymied by the clout of car dealers and the fragmented nature of auto finance.
June 23 -
WASHINGTON A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.
June 23 -
PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.
June 23 -
The Consumer Financial Protection Bureau released letters Monday asking major search engines Google, Yahoo and Bing to work with state and federal regulators to crack down on scammers targeting student loan debtors.
June 23 -
Shares in Green Dot surged more than 30% late Monday after the firm announced the five-year renewal of a prepaid card contract with Walmart, as well as new plans for a share-buyback program.
June 22 -
The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.
June 22 -
Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.
June 22 -
Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.
June 22 -
ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.
June 22
