Consumer banking
Consumer banking
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The comptroller of the currency said regulators will act before the end of a mandated review of potentially outdated rules "when a solid case has been made for reform."
December 2 -
Beneficial Mutual Bancorp has completed the stock-sale portion of its conversion to a wholly stock-owned company, raising between $468 million and $550 million.
December 2 -
Bank executives need to understand these basics of vulnerability and accountability when it comes to the security of electronic networks or they could quickly lose their jobs.
December 2 -
The company spent several years cutting costs and exiting troublesome business to stay afloat. This year, however, management has been focused on upgrading branches and offering a small, unsecured loans to lure younger borrowers.
December 2 -
Nonbank mortgage servicers are already in the crosshairs of regulators. Now they will face even more scrutiny from Fannie Mae and Freddie Mac.
December 2 -
Hills Bancorp. in Hills, Iowa, expects to record a nearly $2 million impairment charge in the fourth quarter.
December 2 -
Supreme Court justices appeared skeptical of both sides during oral arguments on Monday in a case that could shape whether regulators have to ask for public feedback before significantly changing a rule.
December 2 -
Initiatives meant to increase access to credit have rekindled the debate over whether housing counseling is the best and most cost-effective way for preparing consumers to become mortgage borrowers.
December 2 -
WASHINGTON Federal regulators on Tuesday released the latest guidebook for examiners to use in assessing banks' anti-money-laundering programs.
December 2 -
A new study suggests that most consumers only waive their right to sue companies in court and participate in class actions because they don't understand the contracts they're signing.
December 2 -
The Consumer Financial Protection Bureau will hold a field hearing on medical debt collections at noon, EST on Dec. 11 in Oklahoma City.
December 2 -
The Bancorp in Wilmington, Del., will have a new chief executive next year.
December 2 -
Account Control Technology Inc. has been recognized as the No. 1 private collection agency on the U.S. Department of Education's unrestricted contract for the quarter ending September 30.
December 2 -
In South Africa, debt collectors have been dealt a major setback with new legislation requiring that any debt more than three years old cannot be pursued for collections.
December 2 -
Seacoast Commerce Bank in San Diego has created a new holding company.
December 2 -
Customers Bancorp in Wyomissing, Pa., has increased its earnings estimates for 2014 and 2015 based on changes in its technology strategy.
December 2 -
Mandatory retirement ages and term limits can backfire by forcing out board members with badly needed skills. It's better for boards to take the necessary, though socially uncomfortable, step of convincing underperforming directors to leave.
December 2 -
The investment banking firm Sterne Agee & Leach recently studied 16 bank mergers that involve sellers with market capitalizations of $100 million to $5 billion. The sellers share a number of characteristics in common. Here are seven important ones.
December 2 -
Bitcoin wallet providers have had a touchy relationship with prepaid cards. But whether or not these companies care about plastic, they should care about how the Consumer Financial Protection Bureau's prepaid proposal affects them.
December 2 -
Stilwell Group has terminated a standstill agreement reached with Malvern Bancorp in Paoli, Pa., saying it was no longer necessary after meeting with Malvern's new CEO, Anthony Weagley.
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