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Regions Financial will pay a $7.5 million fine after the Consumer Financial Protection Bureau said it charged consumers illegal overdraft fees on checking and payday-loan-like accounts.
April 28 -
Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced Tuesday.
April 28 -
Student advocates and lawmakers are renewing calls for loan forgiveness after Corinthian Colleges announcement Sunday that it will close its remaining campuses.
April 28 -
Debt sales are broken. Brokers, buyers and sellers offer books of debt that may be double- or triple-sold, lack documentation, or even be illegally originated.
April 28 -
The CFPB is purging the dark corners of debt collection and buying. It's a revolution that's been a long time coming.
April 28
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Merchants Bancshares in South Burlington, Vt., has agreed to buy NUVO Bank & Trust in Springfield, Mass.
April 28 -
A step-by-step look at GE Capital's breakup plan and its likely aftermath, including recent comments by bankers who may be looking to buy various parts.
April 28 -
Digital upstarts are out to steal traditional banks' customers by taking the hassle out of everything from account opening to borrowing. Its tough to compete with banks' resources and brand recognition, but these new mobile competitors are adamant that they can win on customer experience.
April 27 -
Here's our annual list of the most profitable 200 publicly traded community banks and thrifts, with an analysis of how they are managing to outperform peers. The ranking is based on three-year average ROE.
April 27 -
New York Attorney General Eric Schneiderman is urging banks to reevaluate how they use credit bureaus like ChexSystems, after his investigation found that inaccurate data reported by banks is preventing some consumers from opening checking and savings accounts. Three banks already have agreed to modify their use of ChexSystems in screening potential customers.
April 27





