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First California Bank in Westlake Village, Calif., and an affiliated prepaid card provider must pay fines of over $1.7 million for how they used a reloadable card product to deliver federal benefits payments, the FDIC said Friday.
May 31 -
Eagle Bancorp (EGBN) in Bethesda, Md., claims that proxy advisory firm ISS made mathematical errors when it urged investors to vote against compensation for CEO Ron Paul and other officers.
May 31 -
Slyce pictures a day when consumers will be able to buy anything depicted in a TV or printed advertisement — or even a product seen in person — by snapping a photo of it with their mobile device.
May 31 -
MasterCard Inc. will stop using Goldman Sachs Group Inc. for asset-management services after discussing the matter with a firm that advises shareholders on proxy votes.
May 31 -
The Michigan company is set to raise up to $100 million if the right acquisition is available. Analysts say in an erratic M&A market, it is better to be ready to raise capital than to raise it and wait.
May 31 -
Benjamin K. Olson, who was deputy assistant director in the CFPB's office of regulations, has joined the Washington office of BuckleySandler LLP as counsel, the law firm said this week.
May 31 -
The pace of expansion decelerated in April as bankers complained about competition for commercial loans and a slackening of consumer loan demand.
May 31 -
Freddie says its new "low-activity" fee will offset the cost of monitoring the loans it buys, but avoiding it could be a challenge for lenders in rural markets.
May 31 -
The Federal Deposit Insurance Corp. has taken enforcement actions against eight banks and freed 12 others from prior orders, according to a series of orders released Friday.
May 31
