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Consumer lending in September fell to its lowest point since early in the year, according to the latest American Banker Index of Banking Activity. Commercial lending provided a minor bright spot, but credit quality may be buckling amid intense competition.
November 4 -
Bank analyst David Hendler, known for his contrarian views on the industry, has left the research firm CreditSights and plans to start a risk-management consultancy.
November 4 -
National Bank Holdings Corp. (NBHC) in Greenwood Village, Colo., has bought back about $100 million worth of shares from an institutional investor.
November 4 -
Banesco USA in Coral Gables, Fla., reportedly received a $10 million investment from its shareholders during the third quarter.
November 4 -
The investment and corporate banking division of BMO Financial Group (BMO) has promoted senior economist Michael Gregory to deputy chief economist and head of U.S. economics.
November 4 -
No market should over-rely on one entity. But references in regulations and lending guidelines to the dominant credit score provider have created unintentional government brand endorsement and blocked new entrants.
November 4
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Territorial Savings Bank in Honolulu plans to shed its federal charter and become a state-chartered savings bank.
November 4 -
Completed U.S. foreclosures dropped to 51,000 in September from 84,000 in September 2010, a 39% decrease that marks the biggest annual decline since the housing downturn began in 2007, according to data from CoreLogic.
November 4 -
Taylor Capital Group (TAYC) in Chicago is buying back its outstanding Troubled Asset Relief Program shares as it waits to close its sale to MB Financial (MBFI).
November 4 -
On the first day RoboCoin's Bitcoin ATM was deployed, one third of its users were new to the digital currency.
November 4
