Banking

Rep. Jared Polis, D-Colo., has launched a hilarious stunt to urge federal regulators to ban U.S. dollars, following a more serious plea by Sen. Joe Manchin, D-W.Va., to prohibit Bitcoin.

The online lender is about to surpass the $1 billion mark in loans and it just received another round of venture funding that will help keep the momentum going.

How do you top a guest speaker like all-everything quarterback Joe Montana at your banking conference? Bring in his former 49er teammate Jerry Rice, the ICBA decided.

The $21 billion-asset Webster has become the official bank of Yale University athletics, it announced last week. The three-year agreement will give Webster advertising and promotional opportunities at Yale sporting events and venues.

By assessing internal needs, planning how to deal with the external pressures and weighing the value of a good risk chief, banks can make an informed decision on who guides their risk management program.

The subsidiaries of the $4.4 billion-asset company will be merged into Simmons First National Bank by August 2014, according to a Wednesday filing with the Securities and Exchange Commission.

Bank of the Ozarks (OZRK) on Wednesday finalized the cash acquisition of Bancshares in Houston, as well as its wholly-owned subsidiary Omnibank, for $21.5 million.

Popular consumer apps like Yahoo Weather are setting a high bar for mobile app design. The following six companies are role models of sorts for the ideal user experience.

A decline in overall credit risk can be attributed to a national drop in credit card, auto loan and mortgage delinquency rates, which are at near historic lows, according to TransUnion officials.

BB&T Corp. (BBT) Chief Executive Officer Kelly King had his pay cut 8.3 percent to $7.84 million for his work in 2013 after the bank missed profitability targets.

ACA International's Research Department reviewed 14,328 complaints received by the Consumer Financial Protection Bureau to determine trends, provide an analysis of the information behind the numbers and share recommendations for improvement.

Apollo Credit Agency Inc., a collection agency based in Lakewood, Colo., and general manager James Saddoris are facing a lawsuit in Colorado for allegedly failing to pay clients on accounts placed for collection.

Consumer Financial Protection Bureau managers are far more likely to rate white employees highly than minorities, data obtained by American Banker shows. The figures reflect broad personnel problems inside the agency and are likely to give rise to claims that it's failing to uphold standards it punishes others for violating.

The Consumer Financial Protection Bureau's employee ratings show the same sorts of racial patterns that it has castigated bankers for permitting in the loan market. American Banker staffers discuss what may be behind the numbers and what they may mean for bankers and policymakers.

Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive to help prevent future attacks.

Riverview Community Bank in Vancouver, Wash., has promoted Daniel Cox to executive vice president and chief credit officer.

Wells Fargo (WFC) has created a health care banking team within its corporate banking group.

Predictions vary widely on how hard it will be for foreign banks to comply with a new capital rule from the Federal Reserve. Many will have to sell branches or loans, or they may just need to shuffle some legal paperwork, depending on whom you speak with.

Comerica Bank (CMA) in Dallas has rolled out a new online learning tool that is designed to help entrepreneurs better manage or grow their businesses.

More bankers want to use YouTube and other social media to get customers, but they often struggle with they should say or do in their campaigns. Here are three tips, including have fun and avoid repeating traditional ads.