Consumer banking
Consumer banking
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HomeTrust Bancshares in Asheville, N.C., has hired a team of commercial lenders to open its first office in Raleigh, N.C.
November 12 -
ConnectOne Bancorp in Englewood Cliffs, N.J., expects to record a charge in the fourth quarter tied to an online fraud scheme.
November 12 -
Hospitals are expected to save $5.7 billion in bad debt and charity care costs this year because of the Act.
November 12 -
Retired BB&T CEO John A. Allison shares tips on brokering a deal and making an acquisition thrive in his latest book. This is part 2 of 5.
November 12 - Pennsylvania
BB&T has agreed to buy Susquehanna Bancshares for about $2.5 billion in cash and shares to expand in the Mid-Atlantic region.
November 12 -
Regulators in the U.S., Britain and Switzerland ordered five banks to pay about $3.3 billion in the first wave of penalties since authorities began a global probe into the rigging of key foreign-exchange benchmarks last year.
November 12 -
The new owners of First Mariner Bank believe the Baltimore bank could return to profitability in the first quarter.
November 12 -
Approval rates for small-business loans dropped at big banks for the first time in seven months, as nonbanks continue to grant loans at a much more generous pace.
November 11 -
A group of ultrawealthy Citigroup clients clamoring for big returns on U.S. real estate have entered into funding commitments for a new commercial and multifamily development on Sunset Boulevard in West Hollywood, Calif. It is one of several co-investment projects the firm is offering through its private bank.
November 11 -
While the Federal Deposit Insurance Corp.'s reporting of growing use of prepaid products among the underserved stokes concerns about high costs, some note they can be a bridge to more traditional accounts.
November 11 -
A Brooklyn, N.Y., startup wants to eliminate fees long hated by ATM customers and replace the lost income with revenue from ads that play on teller-machine screens. Yet questions have been raised about whether that is easier said than done.
November 11 -
Pennant Management, which says it bought $179 million in bogus USDA-backed loans, claims the agency put up barriers to verifying the loans that indirectly enabled the alleged fraud.
November 11 -
BB&T completed more than 100 acquisitions under now-retired Chief Executive John A. Allison. In an excerpt from his latest book, Allison discusses his reasoning for M&A, while providing a blueprint for scouting targets. This is part 1 of 5.
November 11 -
DBA International has announced the addition of Helen Mac Murray as its attorney general consultant and Perry Communications Group Inc. as its new public affairs agency.
November 11 -
CVB Financial in Ontario, Calif., will have a new chairman starting Jan. 1.
November 11 -
Consumer borrowing jumped to $3.28 trillion in September, up approximately $15.9 billion, according to the Federal Reserves monthly report on auto and student loans and credit card debt.
November 11 -
Connecticut and New York are the only states to have established institutions specifically called green banks to stimulate lending on clean energy projects, but others could soon join them following the election of green bank-friendly governors in nine states.
November 11 -
Debt buyer PRA Group on Monday reported third quarter net income increased 8% to $51.2 million on cash collections of $372.7 million, a 28% jump. Revenue in the quarter rose 21% compared to a year ago to $239 million.
November 11 -
New York's top banking regulator Benjamin Lawsky, who used his leverage to stiffen penalties against some of the world's largest financial institutions, will probably step down next year to take a job in the private sector, said a person familiar with the matter.
November 11 -
Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.
November 10



