Consumer banking
Consumer banking
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If you thought American Express' loss Thursday of a big antitrust case would help its rivals, think again. Visa, MasterCard, and even card-issuing banks could be hurt by the race to lower merchant fees that the ruling will set off.
February 19 -
The chief financial officer of WSFS Financial in Wilmington, Del., is leaving the bank holding company for Seacoast Banking in Stuart, Fla.
February 19 -
The Consumer Financial Protection Bureau will continue its work to ensure credit reports are fair and freely given to consumers, agency director Richard Cordray said Thursday.
February 19 -
RIVERSIDE, Calif. The two largest credit unions in Riverside County, Calif., on Thursday announced their intention to merge to create a $1.1 billion institution serving 118,000 members in the "Inland Empire" region of Southern California.
February 19 -
Talmer Bancorp in Troy, Mich., has paid billionaire backer Wilbur Ross $20 million to redeem warrants he has held in the company for several years.
February 19 -
CFPB officials are keeping a close watch on the Qualified Mortgage and ability-to-repay rules to gauge whether further changes should be made. But mortgage numbers don't give a clear picture on what kind of impact they've had.
February 19 -
Greenfield Cooperative Bank in Greenfield, Mass., and Northampton Cooperative Bank in Northampton, Mass., have received regulatory approval to merge.
February 19 -
WASHINGTON The Consumer Financial Protection Bureau will continue its work to ensure credit reports are fair and freely given to consumers, agency director Richard Cordray said Thursday.
February 19 -
Bank of Edwardsville in Illinois is set to have a new leader.
February 19 -
Online banking, ATMs and other advances have curtailed face-to-face transactions, but new Federal Deposit Insurance Corp. research says the brick-and-mortar office isn't going anywhere just yet.
February 19 -
The OTC Markets Group has opened up its community bank marketplace to privately held institutions, offering a chance for investors to monetize their holdings without selling the bank.
February 19 -
Auto lending surged to an all-time high in the fourth quarter yet delinquencies remained low, Experian said in a report issued Thursday.
February 19 -
More than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online, the Consumer Financial Protection Bureau reported Thursday.
February 19 -
Anthony DeChellis, the former head of Credit Suisse's Private Banking Americas division, has been named president of Jerusalem-based crowdfunding startup OurCrowd.
February 19 -
The chief executive officer of Exeter Finance responds to critics who argue that it's become too easy for Americans with low credit scores to finance a car purchase.
February 19 -
It's taken about three years of experimenting, but Thomas Bloetscher says Regions Bank has started to crack the code on lending to people with scant credit histories.
February 19 -
Legislation to create an independent inspector general at the Consumer Financial Protection Bureau is circulating again.
February 19 -
Credible Labs in San Francisco has completed a round of seed financing that it says will fuel further growth of its student loan refinancing business.
February 19 -
The FDIC is taking important steps to undo the damage caused by Operation Choke Point but fraud prevention company Early Warning apparently didnt get the memo.
February 19 -
American Express rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge found.
February 19



