Consumer banking
Consumer banking
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The American Bankers Association announced that Rob Nichols, head of the Financial Services Forum and a former top Treasury Department official, would be its next CEO. The move appears designed to boost the ABA's profile inside the beltway.
May 27 -
In a sign that the GSEs may once again be trying to compete with each other, Freddie Mac will no longer charge lenders to use its Loan Prospector automated underwriting system.
May 27 -
Independence Bancshares in Greenville, S.C., has raised nearly $8.5 million to help it expand its payments, technology and digital banking operations.
May 27 -
Royal Bank of Scotland, Britain's largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence.
May 27 -
The banking giant hopes that convenience and less paperwork will help it do more business with existing small business customers.
May 27 -
Women in banking are making big strides but there's still a long way to go before achieving gender parity at the executive level. Here's how up-and-comers can carve out a path to the top.
May 27 -
F.N.B. in Pittsburgh has agreed to buy five branches from Bank of America in eastern Pennsylvania.
May 27 -
More than 71 million consumers had an auto loan in the first quarter, an increase from a year earlier and the largest growth since the economic downturn, according to a new report.
May 27 -
We asked bank chief financial officers what advice they would give their younger selves. Here is what they wish they'd known when they started their careers.
May 27 -
U.S. banks rebounded in the first quarter as earnings rose 6.9% from a year earlier, to $39.8 billion, and nearly two-thirds of institutions reported higher profits from a year earlier, the Federal Deposit Insurance Corp. said Wednesday.
May 27 -
West Virginia Attorney General Patrick Morriseys office filed a lawsuit Tuesday against a Florida collection agency for allegedly trying to collect unverified and non-existent debts.
May 27 -
Valley National Bancorp in Wayne, N.J., has agreed to buy CNLBancshares in Orlando, Fla.
May 27 -
MutualFirst Financial in Muncie, Ind., is facing pressure from an activist investor to explore a potential sale, even after the bank earlier this year agreed to implement a demand made by the same activist.
May 27 -
The Consumer Financial Protection Bureau officially delayed issuing new debt collection rules until at least December, after originally expecting pre-rule activities to last through this past April.
May 27 -
A small Austin, Texas, bank, formerly called Libertad, had to abandon its initial plan to target unbanked Hispanics. But it has made the most of its second chance by finding a niche in lending to real estate investors. Now it's looking to diversify.
May 27 -
The Sunshine State is once again outgrowing the rest of the country and some of its community banks are eager to become the states next flagship. Florida has changed a lot since the old Barnett Bank held that title, and so has banking. But now its thriving homegrown contenders aim to reshape the fragmented banking landscape, which is dominated by out-of-state rivals.
May 27 -
WASHINGTON The Consumer Financial Protection Bureau is increasingly brandishing a post-crisis tool allowing it to label activities "abusive," but whether financial services firms are closer to understanding the term is still up for debate.
May 26 -
First BanCorp in San Juan, Puerto Rico, has agreed to sell about $200 million in nonperforming loans and other assets to improve credit quality.
May 26





