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WASHINGTON The Senate Banking Committee will hold a hearing Tuesday examining regulatory relief for small banks and credit unions, kicking off what is expected to be a central debate this term over changes to the Dodd-Frank Act.
February 4 -
Hudson Valley Holding in Yonkers, N.Y., swung to a profit as it prepares to sell itself to Sterling Bancorp in Montebello, N.Y.
February 4 -
ACA International, DBA International and the National Association of Retail Collection Attorneys are part of a coalition requesting that a key federal regulator address issues related to updating the Telephone Consumer Protection Act.
February 4 -
WASHINGTON The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business.
February 4 -
New York Attorney General Eric T. Schneiderman issued an alert Wednesday based on ongoing complaints from consumers reporting being contacted by scammers posing as an attorney from the AG's office.
February 4 -
Cheviot Financial in Cincinnati will soon have a new chief executive.
February 4 -
Bank of America plans to lay off 202 employees in a loan servicing unit in Norfolk, Va. because of the ongoing decline in the number of delinquent mortgages, the company said Tuesday.
February 4 -
The CFPB has a historic opportunity to fix the small-dollar loan market by emulating Colorado's reforms. That would mean requiring all payday lenders to offer affordable installment payments and cracking down on deceptive practices like loan flipping.
February 4
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Premier Bancshares in Omaha, Neb., has agreed to buy Farmers Bank and Trust in Nebraska City.
February 4 -
Jeffrey Brown, suddenly elevated to CEO of Ally Financial, will have to accelerate the auto lender's diversification plan started by his predecessor, Michael Carpenter. Brown will need to explore new sources of originations, funding and investments.
February 3
