Consumer banking
Consumer banking
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Farmers Capital Bank in Frankfort, Ky., will repurchase the rest of its outstanding preferred stock.
May 6 -
QCR Holdings in Moline, Ill., will sell 2.8 million shares in a public offering.
May 6 -
The Boston and San Francisco Home Loan banks are poised to join the MPF Direct program, which allows FHLB members to sell jumbo loans to Redwood Trust.
May 6 -
Companies like OnDeck and Lending Club are under pressure to keep finding new borrowers, but there are signs that customer acquisition costs are rising amid heavier competition.
May 6 -
Naugatuck Valley Financial in Naugatuck, Conn., has been freed from a regulatory order.
May 6 -
Bank of America, led by Brian Moynihan, at its annual meeting tried to look responsive to criticisms of its corporate governance, slow turnaround and other matters while announcing it would phase out lending to coal companies.
May 6 -
Western Union said it's not in talks to acquire smaller rival MoneyGram International. Bloomberg reported Tuesday that Western Union is in early-stage talks to buy the company, as both contend with competition from upstart money-transfer companies.
May 6 -
China's government plans to allow foreign card-payment networks to process domestic transactions. But companies like Visa and MasterCard will have a tough time capturing a percentage of China's explosive payments market.
May 6 -
Collection agency J.E. Robert Co. Inc., also called JER Revenue Services, faces a lawsuit that charges that firm with inflating attorney fees owed by residents in New York who were late on their water and sewer bills.
May 6 -
WASHINGTON More than 26 million consumers are effectively "credit invisible" because they have no credit record and another 19 million are "unscored" because they have an insufficient or stale credit history, according to a report released Tuesday by the Consumer Financial Protection Bureau.
May 6 -
A new study shows nearly half of consumers have checked their credit score in the past year, a sign that access to scores is getting easier for consumers.
May 6 -
Western Union is in early-stage talks to acquire smaller rival MoneyGram, people with knowledge of the matter said, as both companies contend with stiff competition from upstart money-transfer companies.
May 6 -
To survive and thrive, community banks must follow the lead of nonbank mortgage lenders by embracing digital technology and customer convenience.
May 6 -
Achieva Credit Union in Dunedin, Fla., has agreed to buy Calusa Bank in Punta Gorda, Fla.
May 6 -
Digital currency firm Ripple Labs just made historybut not the kind it's been hoping for.
May 5 -
Lending Club stayed on its fast-growth trajectory in the first quarter, as loan originations and operating revenue more than doubled from the same period a year earlier.
May 5 -
The CFPB found that more than 26 million consumers are effectively "credit invisible" because they have no credit record and another 19 million are "unscored" because they have an insufficient or stale credit history. But it's unclear how the CFPB plans to tackle the issue.
May 5 -
Vincent Delie, CEO of F.N.B., discusses the costs of and difficulty in complying with size-related regulations, his outlook for acquisitions and the Baltimore market.
May 5 -
A new analysis of college debt levels details how an income-based student loan repayment system could help borrowers.
May 5 -
Earnings at HSBC's North American operation fell 12% in the first quarter. Details about the unit's future restructuring are due next month, but executives offered reassurances Tuesday that they don't plan to divest it.
May 5



