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Wells Fargo and the denial stage of recovery; community bankers alarmed after big banks backtrack on faster-payments pricing; credit card, auto loan delinquencies hit seven-year high; and more from this week's most-read stories.
April 12 -
JPMorgan Chase's banner quarter didn't stop executives from warning that the pause in rate hikes could crimp profits, or from hinting that the bank might downsize its mammoth mortgage operation.
April 12 -
2018 was mixed bag for credit unions in the Wolverine State, with membership and lending still seeing positive numbers but down from previous years.
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The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.
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Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.
April 12 -
In a twist, bank lobbyists in the Sunflower State did not push back against nearly 70 proposed changes.
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Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.
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The San Francisco bank has roughly doubled its assets in the last five years without the benefit of an acquisition.
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The Fitchburg, Mass.-based institution also started an insurance agency and upgraded its mobile banking last year.
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The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio.
April 12 -
Wells Fargo & Co. investors who stuck with the bank through a bumpy few months are being rewarded with the best first quarter in five years.
April 12 -
Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.
April 12 -
The Fed may have stopped raising borrowing costs for now, but the biggest U.S. bank is still reaping benefits from higher interest rates.
April 12 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Google Pay supports gold sales in India; German regulators pressure N26; Bakkt adds payment veteran; Amazon acquires robotics company Canvas Technology.
April 12 -
Readers respond to this week's big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a new brand and more.
April 11 -
In a roundtable discussion, the heads of four banks called on Congress to move on CRA modernization and address the cannabis conundrum, while dismissing arguments that midsize banks need to merge to stay competitive.
April 11 -
Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.
April 11 -
More consumers were late in paying two major types of loans in the latest figures from the American Bankers Association, but it appears to be a relatively isolated problem.
April 11 -
The attorney general told lawmakers that exempting states that have legalized marijuana from the federal ban is better than the current system where state and federal laws are in conflict.
April 11 -
The attorney general told lawmakers that exempting states that have legalized marijuana from the federal ban is better than the current system where state and federal laws are in conflict.
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