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MasterCard is confident that the proposed $7.25 billion settlement of allegations that it and Visa engaged in merchant fee price fixing will receive final approval, according to Nomura analysts who recent met with key executives of the card network.
December 11 -
A new lawsuit alleges that Wells improperly denied applications for modifications of so-called Pick-a-Payment loans. The San Francisco bank is contesting the allegations.
December 11 -
The nation's two largest banks are heading in opposite directions when it comes to customer satisfaction. Overall, banks are narrowing the gap with credit unions.
December 11 -
Ensuring that corporate boards include a diverse set of skills, backgrounds and personalities helps against groupthink's dislocation of corporate and shareholder interests.
December 11
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Solera National Bancorp in Lakewood, Colo., has hired a veteran risk manager as its chief credit officer.
December 11 -
The U.K. banking giant has agreed to pay $1.9 billion to settle U.S. money-laundering charges. Unsettled is whether global banks have the controls to avoid a repeat.
December 11 -
Amerasia Bank in New York has agreed to buy a troubled community bank in Florida. The $291 million-asset bank will acquire Great Eastern Bank of Florida, says Jimmy Tsai, Amerasia's chief operating officer.
December 11 -
Bob Kottler explains how the Louisiana company has been able to book small business loans while other banks struggle to grow.
December 11 -
Fifth Third Bank is the latest bank to announce that it would halt evictions during the holiday season.
December 11 -
HSBC Holdings Plc, Europe's largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.
December 11




