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The Consumer Financial Protection Bureau filed a federal complaint Tuesday against Castle & Cooke Mortgage for giving bonuses to loan officers who allegedly steered consumers into mortgages with higher interest rates.
July 23 -
Discover Financial Services (DFS) reported quarterly earnings Tuesday of $602 million, up 15% from the same period a year earlier, as gains in various lending segments partially offset losses in the company's payments business.
July 23 -
LendProtect announced Tuesday a partnership with Yodlee Interactive to create a new service designed to offer U.K. lenders a 90-day view of their prospective customers' bank account data, including deposits and payments.
July 23 -
Providing financing to solar farms is 'socially responsible' and a good way to expand in leveraged loans, its CEO says. Its in-house experts came via an acquisition.
July 23 -
The Securities and Exchange Commission charged Trendon Shavers with defrauding investors of nearly $150,000 worth of bitcoins through Bitcoin Savings and Trust, an online investment scheme he ran, and of making false claims while soliciting investments online in 2011 and 2012.
July 23 -
Bank analyst Brian Foran poked fun at his own job-hopping during a regional bank's second-quarter earnings call.
July 23 -
The outspoken CEO has nothing but praise for the Basel Committee and says bankers have little to fear from the CFPB.
July 23 -
The U.S. Securities and Exchange Commission sued a Texas man over claims he operated a Ponzi scheme involving Bitcoin, the virtual currency that has recently attracted investors including Tyler and Cameron Winklevoss.
July 23 -
Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.
July 23 -
Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.
July 23
