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Sam Yam was the college roommate of Jack Conte, half of the indie band Pomplamoose. Together, they founded Patreon to help artists like Conte raise funds from fans online.
May 16 -
Wells Fargo must pay customers $203 million for manipulating debit-card transactions to boost overdraft fees, a federal judge in San Francisco ruled, reinstating a 2010 damage award.
May 16 -
Consumer advocates believe the bounties banks pay to car dealers for steering customers to high-interest loans are abusive. But with a ban likely to spark a political backlash, the Consumer Financial Protection Bureau is instead seeking to prove the markups are discriminatory.
May 15 -
Since being forced out of Bank of America in 2011, Sallie Krawcheck has been talking a lot about the business case for gender diversity on boards and in top management. With her investment in 85 Broads, she is putting her money where her mouth is and hopes other women will, too.
May 15 -
Bar Harbor Bancshares (BHB) in Maine has chosen TD Bank (TD) executive Curtis Simard as its next leader.
May 15 -
Cathay General Bancorp (CATY) has agreed to acquire about $40 million of deposits and a Las Vegas branch from SWNB Bancorp, marking Cathay's entrance in the Vegas market.
May 15 -
Lawmakers in both chambers are working to pass a major farm bill that will determine agricultural policy for the next five years, legislation that could have implications for rural lenders.
May 15 -
A shareholder at Regions Financial urged shareholders to exercise "caution" in the election of the bank's 14 board members who are up for re-election at the its annual meeting Thursday.
May 15 -
Central Arizona Bank, a unit of Capitol Bancorp, was set to be shut down with two sister banks last Friday, but a legal challenge bought it a few extra days.
May 15 -
Senate Majority Leader Harry Reid confirmed Wednesday that the chamber will hold a vote to confirm Richard Cordray as director of the Consumer Financial Protection Bureau sometime next week.
May 15






