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Wells Fargo & Co., the largest U.S. home lender, said third-quarter profit climbed 13 percent to a record as fewer loan defaults and lower expenses helped overcome weakness in mortgage lending.
October 11 -
JPMorgan Chase & Co. reported its first quarterly loss under Chief Executive Officer Jamie Dimon after taking a $7.2 billion charge for legal expenses.
October 11 -
SunTrust Banks (STI) has agreed to pay $1.5 billion to resolve claims of shoddy mortgage lending, servicing and foreclosure practices.
October 10 -
WEST JORDAN, Utah Mountain America CU this week opened a new branch in Pocatello, its fifth in Idaho and 77th in its five Western states field of membership.
October 10 -
MECHANICSBURG, Penn. Members 1st FCU is opening three more branches in Lancaster County, in Elizabethtown this month, Ephrata next month and Millersville in April.
October 10 -
ST. JOSEPH, Mich. Fast-growing United FCU, one of a handful of credit unions to buy a bank in the past year, has renovated its 6,000-square-foot mortgage processing facility into a training center for staff.
October 10 -
Raise your hand for assignments, find a strong team, call your mother. Advice to the next generation of women from the most powerful women in banking and finance.
October 10
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WASHINGTON The Federal Deposit Insurance Corp. told banks Thursday to be wary of liability insurance policies that could still force directors and officers to have to pay civil damages.
October 10 -
The $775 million-asset company said Thursday that it raised the funds through a rights offering to existing shareholders.
October 10 -
OmniAmerican Bancorp (OABC) in Fort Worth, Texas, is exiting the business line that accounts for its largest single group of loans.
October 10
