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In a rare coordinated effort Monday, all three federal banking agencies, the CFPB and the state regulator in Utah announced more than $112 million in enforcement penalties against American Express for card practices that allegedly violated a range of consumer protection laws.
October 1 -
Community bank CFO Bob Dieterich runs for Congress in upstate NY.
September 30 -
KINSTON, N.C. -- Self Help CU’s recycled branch here—a former gas station- is green in more ways than one.
September 30 -
Wintrust Financial in Rosemont, Ill., has agreed to buy another failed bank from the Federal Deposit Insurance Corp.
September 28 -
Two former executives at Washington Mutual, who paid fines to the Federal Deposit Insurance Corp. last year for the thrift's "reckless" lending practices, plot their next move.
September 28 -
At least a dozen community banks have planned new headquarters in the past year, either by building offices or leasing new digs. Low interest rates and great pricing are making the moves easier.
September 28 -
To satisfy creditors, Big Sandy Holding's bankruptcy plan, filed on Thursday, calls for an auction of its $840 million-asset unit, Mile High Banks.
September 28 -
State Street, in a new program with the University of Massachusetts Amherst, will hire 100 students part time to perform certain back-office jobs and support business lines across the company.
September 28 -
The debate over whether caps on interchange fees were good for consumers is alive and well at the Durbin Amendment's one-year anniversary — even as banks' interchange revenues recover.
September 28 -
Bank of America said Friday it would pay $2.43 billion to settle a shareholder lawsuit over its purchase of Merrill Lynch, in an expensive effort to resolve one of many problems it faces from the financial crisis.
September 28





