Banking

A new survey by ForeSee finds that consumers see little difference between financial services' mobile apps and mobile browsers.

The Federal Reserve Board has terminated an enforcement action against Johnson Financial Group in Racine, Wis.

Regulators sought to assure lawmakers and financial institutions on Thursday that they would weigh potential conflicts from a slew of proposed mortgage regulations due out shortly as they finalize Basel III capital and liquidity rules.

Wintrust Financial would sell the $161 million in deposits and three branches it bought from the failed Second Federal Savings and Loan to a credit union. Regulators will OK such deals under the right conditions, experts say.

Sales of homes in contract hit their highest level in more than five years last month, the National Association of Realtors said Thursday, adding to signs of a strengthening market.

The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.

The Consumer Financial Protection Bureau said Thursday it has issued warning letters to six specialty reporting agencies for making it too difficult for consumers to find their free annual reports.

A watchdog group that monitors accuracy in advertising has ruled that Bank of America's claims about cash rewards available to some of its credit card customers are unclear.

A look at how Silicon Valley Bank is reconsidering the data analysis it conducts to gauge the impact of future economic shocks on its portfolio.

A California startup has created a Facebook application that can quickly calculate the cost of a mortgage and then directs customers to an online loan application.

Volatility among investment banks presents some great hiring opportunities for their rivals, says Daryle DiLascia, who recently joined Sterne, Agee & Leach from KBW to work on bank M&A.

It would appear that a bank could not negotiate a loan on more favorable terms than the deal I was looking at. Yet, something did not make sense.

Wex Inc., partnering with CashStar, now allows its retailers in Australia and New Zealand to offer customized eGift cards. This move is part of an ongoing strategy on the Wex's part to diversify its offerings and its audience.

With each new mobile-payment function developers create for smartphones, a correlating new security risk arises. The riskiest aspect for merchants, issuers and consumers remains the initial phase — when consumers enroll for a product, says ValidSoft Ltd.

The $1.3 trillion-asset company said this week that its directors have elected Howard "Rick" Richardson to the board effective Jan. 1.

Visa said Wednesday that Bank of America will offer the card association's digital wallet service, dubbed V.me, to its online banking customers.

The president and chief executive of Talbot Bank of Easton, Md., will step down at yearend and an insider will take over.

A fondness for and comfort level with Apple's iOS trumps market share realities, a Javelin report released this week finds.

The financial malware can detect when its being evaluated as a threat, the computer security company says.

The owner of a now defunct Missouri auto body shop has pleaded guilty in federal court to bank fraud charges.