Banking

A tipping point is coming regarding anger and dissatisfaction over Dodd-Frank. But a new assessment of the regulatory landscape points a way for policymakers to get out of the mess.

One of the largest providers of force-placed insurance, under pressure from regulators to lower prices for the coverage, has agreed to reduce premiums it charges for the product in California.

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Chemical Financial (CHFC) in Midland, Mich., managed to boost quarterly earnings with higher interest income and lower credit costs.

F.N.B. Corp. (FNB) in Hermitage, Pa., said late Monday it had agreed to buy Annapolis Bancorp (ANNB), which owns the Bank of Annapolis, for $51 million in stock.

Eagle Bancorp's earnings rose 51% from a year earlier as the Bethesda, Md., made more loans and collected lower-cost deposits.

First Defiance Financial (FDEF) in Defiance, Ohio, reported third-quarter income of $5.4 million, up 32% from a year earlier, as credit costs dissipated.

Zions Bancorporation (ZION) in Salt Lake City reported lower third-quarter earnings but still managed to meet analysts' expectations.

The CFPB said Monday it is now accepting complaints related to consumer reporting agencies, a.k.a. credit bureaus.

Groups like CO-OP Financial and the Smartcard Alliance seek to be information portals as payment card security standards evolve toward the Europay, MasterCard and Visa (EMV) standard.

Grandbridge Real Estate Capital, a wholly owned subsidiary of BB&T (BBT), is buying Dwyer-Curlett & Co., a commercial real estate finance firm based in Los Angeles.

It's senseless for most bank sellers to hold out for much more than 200% of tangible book value in today's world. It's better to sell early for a realistic price, experts say.

Discover Financial Services (DFS) updated its iPhone mobile app last Wednesday to include reward redemption functionality for its partner gift cards, electronic gift certificates and Discover gift cards.

Visa prepaid card users can now deposit paper checks to their card accounts by taking a photo of the check with their smartphones.

Mortgage software provider Ellie Mae is adding features to its Encompass360 software platform that can streamline production of loan documents.

PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.

In detailed comment letters, banks expressed despair over the hardships they will face if regulators implement Basel III capital and liquidity rules.

The New York-area thrift is benefiting from an effort to make more multifamily and commercial real estate loans and has no immediate interest in selling itself, CEO Monte Redman says in a wide-ranging Q&A.

The simmering controversy over American Express' Bluebird card typifies a classic debate: When do regulations that ostensibly protect the public from shady operators really just protect incumbent businesses from competition?