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The key to the success of Merchant Customer Exchange (MCX), the payments initiative formed by major retailers, may be merchants' motivation to stay in control of their customer relationships.
October 5 -
Federal regulators are targeting another financial firm in connection with its mortgage activities before the housing crisis.
October 4 -
The Government Accountability Project is teaming up with the Occupy Wall Street crowd to educate bank staffers about their rights.
October 4 -
Banks with government assistance such as the Troubled Asset Relief Program face the greatest risk under Basel III proposals, advisors of Mercer Capital and Jones Day say.
October 4 -
Polonia Bancorp (PBCP) in Huntingdon Valley, Pa., has postponed its stock sale and conversion to a stock company after a regulatory exam revealed compliance problems.
October 4 -
State Bank Financial in Atlanta has added retired Air Force Maj. Gen. Robert McMahon to its board of directors, and CEO Joe Evans explains why.
October 4 -
The $11.5 billion-asset unit of Umpqua Holdings (UMPQ) said Thursday it would open a flagship store in San Francisco's financial district.
October 4 -
The Federal Housing Finance Agency on Thursday released a proposal to create a framework for a new secondary mortgage market.
October 4 -
Farmer Mac announced late Wednesday that its board has named Chief Financial Officer Timothy L. Buzby as its president and chief executive, effective immediately.
October 4 -
After government-subsidized servicing transfers to Fortress's Nationstar stopped, the company kept expanding through private market deals with innovative financing structures. But as it bids for the massive ResCap portfolio, the GSEs' good will remains a valuable asset.
October 4
