Consumer banking
Consumer banking
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Citigroup, the bank that gets the most international revenue of any U.S. competitor, is considering exiting consumer banking in Japan and transferring branches to another lender, NHK reported.
August 19 -
Credit Karma must establish security programs to address risks during the development of applications and must undergo security reviews for 20 years under a settlement of Federal Trade Commission charges.
August 19 -
Default rates fell slightly in July to the lowest mark in more than 10 years, according to the S&P/Experian Consumer Credit Default Indices released Tuesday.
August 19 -
Investors will remain reluctant to take on the personal risk inherent in establishing de novo community banks as long as new regulations remain unwieldy and returns stay low, according to Richard Magrann-Wells.
August 19 -
New York-regulated banks won't be able to hire PwC for consulting work until 2016 under a penalty handed down by Benjamin Lawsky, the state's banking superintendent. The move could encourage some banks to turn to smaller auditors, who some experts say produce higher quality work and are less expensive.
August 19 -
Square and Twitter founder Jack Dorsey has been in Ferguson, Mo., as part of the protests that followed the police shooting of Michael Brown, an unarmed African American teenager, earlier this month.
August 19 -
Think a Wall Street executive could win a goat-milking contest or be the ringman at a livestock auction? No chance, but they could learn from these small-town bankers in Indiana and Colorado.
August 19 -
Falling property prices in the city triggered $1 billion of bad loans as buyers abandoned homes and stopped making mortgage payments, according to the country's Economy & Nation Weekly.
August 19 -
Joseph Stilwell, an activist investor who has targeted community banks, has been ordered to appear in federal court in New York in connection to a subpoena request for an investigation into potential securities fraud.
August 18 -
WASHINGTON A group of retail trade associations and large retailers wants the Supreme Court to review the Federal Reserve Board's recent cap on debit card swipe fees that merchants say is higher than the fee limit envisioned in the Dodd-Frank Act.
August 18 -
Executives at Tangerine and Moven are dousing themselves with ice water to raise awareness for Lou Gehrig's disease, and posting their videos on Facebook.
August 18 -
Preferred Bank in Los Angeles has recovered a large chunk of a loan it had given up on. The $1.9 billion-asset company said a $5.6 million loan that had been put in nonaccrual status was paid off Friday.
August 18 -
Highlands Bankshares in Abingdon, Va., has elected a new chairman and president.
August 18 -
The industry is objecting to a recent Consumer Financial Protection Bureau blog post that calls into question the transparency of agreements between colleges and financial institutions that offer student products.
August 18 -
Second liens were the toughest nonperforming home loan asset to find a buyer for in the secondary market. Now, there are some aggressive buyers, but many holders of these assets -- especially banks -- are reluctant to sell.
August 18 -
The Financial Services Roundtable is accusing the Consumer Financial Protection Bureau of potentially spreading misinformation through the bureau's consumer complaint database.
August 18 -
AB Acquisition LLC, an Idaho-based company that owns and operates several supermarket chains, reported confirmed that customers' credit and debit card data may have been compromised in a data breach.
August 18 -
Pathfinder Bancorp in Oswego, N.Y., could raise nearly $27 million through a second-step conversion.
August 18



