Consumer banking
Consumer banking
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Two separate lawsuits accusing Wells Fargo & Co. of engaging in predatory lending and violating the federal Fair Housing Act have been dismissed.
July 21 -
On the five-year anniversary of Dodd-Frank, it's time to increase accountability and transparency at the CFPB. Congress should start by passing a bill that would overhaul the agency's organizational structure from a single-director model to a bipartisan, five-person commission appointed by each incoming president.
July 21 -
Five years after the Dodd-Frank Act was signed into law by President Obama, it remains as controversial as when it was enacted. While partisans may debate whether the changes are good or bad, there is no doubt theyve had a sizable impact. Following are the biggest ways the system has changed.
July 21 -
Synovus Financial in Columbus, Ga., reported higher second-quarter income tied to a lower loan-loss provision.
July 21 -
The Obama administration on Tuesday finalized new regulations designed to crack down on high-cost loans to members of the military.
July 21 -
If Congress fails to act swiftly, most lending supported by the SBA will shut down for much of the next two months. This would undermine recent strength in a vital component of the American economy.
July 21 -
FirstBank Holding in Lakewood, Colo., reported higher profit through the first half of this year, as both loans and deposits grew.
July 20 -
BancorpSouth in Tupelo, Miss., reported higher second-quarter profit, as an increase in loan volume offset lower yields on loans and leases.
July 20 -
Zions Bancorp. in Salt Lake City reported a second-quarter loss after selling the remainder of its portfolio of collateralized debt obligations.
July 20 -
The man who created one of the biggest U.S. subprime lenders says there's nothing dangerous about borrowers being given longer car loans.
July 20 -
First Data is looking to sell shares of its stock to address its "indebtedness," the company announced Monday.
July 20 -
American Riviera Bank in Santa Barbara, Calif., has agreed to buy Bank of Santa Barbara.
July 20 -
Wells Financial in Minnesota has completed its purchase of St. James Federal Savings & Loan Association, in a deal closely watched by members of the mutual bank community.
July 20 -
MGIC has discounted single-premium lender-paid mortgage insurance by 11% during the second quarter in order to get market share in this highly competitive product.
July 20 -
PeoplesSouth Bank in Colquitt, Ga., has agreed to buy Cadence Bancorp's Florida Panhandle branch network.
July 20 -
What asset threshold? Community banks may not be required by law to conduct stress tests, but about one in three have been asked by their examiners to do so, according to a recent survey of banks.
July 20 -
The New Jersey company's entrée into New York City had been expected for years. A week after opening an office on Madison Avenue, ConnectOne is eager to court small businesses and identify possible people to hire.
July 20 -
Federal judges have dismissed two lawsuits that accused Wells Fargo of reverse-redlining in Los Angeles and Cook County, Ill., Reuters reported.
July 20 -
Radius Bank's partnership with online investment firm Aspiration highlights a nascent trend among small banks in the race to win millennial customers: partnering with fintech firms rather than opening branches.
July 20




