Banking

WASHINGTON — The Consumer Financial Protection Bureau finalized a rule Thursday that requires lenders to collect more information from borrowers as part of mortgage disclosures.

The CFPB on Thursday finalized a rule to improve information reported about the residential mortgage market, including updates that will reveal more about consumers’ access to mortgage credit.

Wealthy women don’t necessarily think they do well managing their own money, according to a new study by Regions Financial.

The North Carolina company has signed up 70,000 people for its U platform, which debuted last month and could help it pare back its branch network over time. BB&T is already looking to add quarterly credit scores to the portal.

Executives in the mortgage industry must "take a page from the real estate community" and be more active in Washington and their state capitals, said outgoing Mortgage Bankers Association Chairman Bill Cosgrove.

Profits fell at Commerce Bancshares in Kansas City, Mo., in the third quarter, as expenses rose and income from fees and certain securities holdings declined.

Craig Dahl has played a key role transforming the Minnesota company from a local lender driven by fees to one with national lending platforms. He discusses those moves, and the future of banking, in a wide-ranging interview.

The Senate Banking Committee’s top Democrat wants Experian to disclose more information about a data breach resulting in the theft of personal details on millions of T-Mobile customers.

SunTrust Banks in Atlanta has promoted an executive to oversee its consumer banking and wealth management operations

The U.S. might be ahead of the rest of the world in some areas of security, but when it comes to protecting against credit card fraud, we're way behind.

First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.

KeyCorp in Cleveland posted higher third-quarter profits as revenue soared on growth in fee income from its investment banking business.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy the Orlando, Fla., banking operations of BMO Harris Bank.

Westamerica Bancorp. will close its branch in Upper Lake, Calif., after a failed effort to find another financial institution to take over the branch.

Synchrony Financial has received regulatory approval for moves that will let the credit card lender cut ties with its longtime parent, General Electric.

U.S. Bancorp reported third-quarter profit that matched analysts’ estimates as expenses rose.

Citigroup boosted profit more than analysts estimated after a drop in legal costs helped it cut expenses faster than revenue fell.

CVB Financial in Ontario, Calif., has agreed to buy County Commerce Bank in Oxnard, Calif.

While GOP presidential candidates have focused on repealing or drastically revising the Dodd-Frank Act, Democrats clashed over banking reform Tuesday night during the party's first primary debate.

The chiefs of Fiserv, FIS and TCS Financial Solutions explain how they continue meeting customers' current needs while preparing for the inevitable day when those needs radically change.