Consumer banking
Consumer banking
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More than bitcoin, blockchain is interfering with the margins and business models of the finance world. The technology is also challenging our banking institutions longstanding platform as intermediaries.
April 15 -
Even while the FHFA finally embarked on a principal reduction plan, critics argued it was a dangerous idea that made Fannie Mae and Freddie Mac less safe while helping relatively few people.
April 14 -
WASHINGTON The House passed a bill 247-171 on Thursday that would raise the threshold for a Federal Reserve Board exemption that helps banks raise Tier 1 capital.
April 14 -
Community Bank in Pasadena, Calif., has promoted from within to fill the positions of president and chief banking officer.
April 14 -
David Bohne was the president of a big, successful bank until he took a year off to clear his head. When he was ready to return, he looked at banks across the country but found what he needed in a small, family-run institution right in his hometown.
April 14 -
Washington Federal in Seattle said its profit rose 3.4% to $41.7 million in the three months that ended March 31 as loan growth outweighed higher information technology costs.
April 14 -
Bank earnings season is just getting underway, but a consistent theme around energy lending is already emerging credit quality is going to get worse and weigh on profits the rest of the year.
April 14 -
West Shore Bank Corp. in Ludington, Mich., has agreed to buy West Michigan Bank & Trust in Frankfort.
April 14 -
Airbnb, the company that disrupted the hospitality industry as Uber did to taxis, is sidling up to the fintech space.
April 14 -
An Arkansas woman is alleging in a lawsuit that debt buyer PRA Group froze her bank account to try to collect $43,200 in interest on a $6,000 judgment that was less than two months old.
April 14 -
DBA International has elected Todd Lansky as president of the association's board of directors. He replaces Patricia Baxter, who has been a board member since 2013 before resigning this week.
April 14 -
FHFA Director Mel Watt acknowledged that the principal reduction program may seem "too small and too late."
April 14 -
Young college graduates, including those who are still paying off student loans, are more likely to buy a home than their peers who did not go to college, according to a report from Navient and Ipsos.
April 14 -
PacWest Bancorp in Los Angeles reported higher quarterly profit led by its acquisition of Square 1 Financial in Durham, N.C.
April 14 -
The hardest part of converting a thrift is establishing a "culture of high performance" and shareholder accountability, says Andrew Samuel, CEO at Sunshine Bancorp, in Plant City, Fla. Sunshine converted to a stock-owned company in July 2014.
April 14 -
Rather than rush its proposal to regulate short-term lenders, the Consumer Financial Protection Bureau should carefully weigh the consequences of potentially driving lenders out of the market.
April 14 -
Profits soared at First Republic Bank in San Francisco thanks to lending growth in several categories and its expansion in wealth management.
April 14 -
A month after introducing the Express Business Loan for its customers, Eastern Bank in Boston says it is in talks with several banks across the U.S. to license the product.
April 14 -
To get more Americans into the financial system, the industry must find ways to help more people get access to the Internet.
April 14 -
Wells Fargo, Wall Street's top oil and gas banker, said first-quarter profit fell 5.9 percent as the firm set aside more money for soured energy loans and expenses increased.
April 14




