Consumer banking
Consumer banking
-
Poage Bankshares in Kentucky disclosed that its chairman has died.
November 20 -
The overly complex Dodd-Frank Act came about because policymakers failed to tie regulation and regulatory structure together effectively. The next step in financial reform should be to simplify and perhaps consolidate regulatory processes.
November 20 -
Corinthian Colleges Inc., the higher-education company accused by the CFPB of fair debt violations, announced Thursday that it has agreed to sell campuses in 17 states to an organization that also came under fire this year for collection practices.
November 20 -
Regulators are threatening more action to force improvements in the behavior of bank employees, but executives are shooting back that the task is easier said than done and that change has to come from inside and not through supervisory orders.
November 20 -
Michael Levitis, the owner of a New York debt settlement company, was sentenced to nine years in prison Wednesday after pleading guilty in a fraud scheme that law enforcement officials said victimized 1,200 people with false promises of relief from credit card companies and banks.
November 20 -
Hudson Valley Holding in Yonkers, N.Y., has agreed to sell A.R. Schmeidler & Co., an investment adviser unit, to Pine Street Asset Management.
November 20 -
Pacific Continental in Eugene, Ore., has agreed to buy Capital Pacific Bancorp in Portland, Ore.
November 20 -
Hotly competitive and entirely opaque, art banking thrives in the world's last unregulated market.
November 19 -
The heads of banks are resistant to analytics and data-driven decisions in general, according to a new survey, yet embrace them in limited uses.
November 19 -
Only eleven months after cheering Federal Housing Finance Agency Director Melvin Watt's confirmation, Senate Democrats are fed up with the pace of reforms at the agency.
November 19 -
UMB Bank's strong fee revenue and cheap deposits give it leeway to compete on loan pricing, employing a strategy often used by much larger banks. Mike Hagedorn, the 100-year-old bank's chief executive, also discussed UMB's renewed interest in disciplined M&A.
November 19 -
Discover Financial Services has finalized a new policy that will make it easier for its credit card customers to redeem their cash rewards.
November 19 -
With an eye on eliminating mortgage buybacks and adhering to increasing regulatory compliance obligations, mortgage lenders are redoubling their sales training efforts for both rookie and veteran loan officers.
November 19 -
Wells Fargo announced Wednesday that former Federal Reserve Board Gov. Elizabeth Betsy Duke is joining its board of directors.
November 19 -
The New York unit of Japanese securities firm Nomura Holdings may be three traders short after reportedly placing them on leave, but the firm is said to have muscled away a large auction held yesterday.
November 19 -
Crazy Woman Creek Bancorp in Buffalo, Wyo., has exited the Troubled Asset Relief Program.
November 19 -
Federal and state regulators on Wednesday stopped an online scheme that allegedly lured consumers with offers of free credit scores.
November 19 -
The Federal Trade Commission recorded more than 40,000 cases of grandparent scams from 2010 to 2013 and the scam is widely considered to be underreported.
November 19 -
Biometric authentication may seem all the rage now that Apple uses fingerprint authentication in its mobile wallet, but the Bitcoin ATM provider RoboCoin has concluded that biometric technology can be more of a hassle than a help.
November 19 -
First Savings Bank of Perkasie in Perkasie, Pa., has agreed to merge with First Federal of Bucks County in Bristol, Pa.
November 19



