Consumer banking
Consumer banking
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A look at 10 bankers who will be busy in 2014 digesting big acquisitions, finding new sources of revenue, answering critics or proving themselves in new roles.
December 20 -
First Citizens Banc (FCZA) in Sandusky, Ohio, has raised $25 million to exit the Troubled Asset Relief Program.
December 20 -
Ally Financial (GKM) and Ally Bank will pay $98 million in fines and restitution to settle government claims that they discriminated against minorities through their indirect auto lending business.
December 20 -
Deutsche Bank AG (DBK) will pay 1.4 billion euros ($1.9 billion) to settle claims it didn't provide adequate disclosure about mortgage-backed securities sold to Fannie Mae (FNMA) and Freddie Mac (FMCC).
December 20 -
Compliance is a top growing expense, the regulatory bar has increased, banks needs better talent management and cybersecurity is everyone's problem.
December 20 -
Virginia National Bank in Charlottesville, Va., has changed its corporate structure.
December 20 -
Peoples Financial (PFBX) in Biloxi, Miss., sold about $27.3 million in nonperforming assets in the fourth quarter.
December 20 -
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Insight Bank in Worthington, Ohio.
December 20 -
Provident Financial Services (PFS) in Jersey City, N.J., has agreed to buy Team Capital Bank in Bethlehem, Pa.
December 20 -
The credit card issuer has agreed to loosen its restrictions on fees charged by retailers to consumers, following a similar move by Visa and MasterCard.
December 19 -
Although Ocwen Financial agreed to pay more than $2 billion to settle allegations it mishandled foreclosures and mortgages for thousands of borrowers, it could have been even worse for the country's largest nonbank servicer.
December 19 -
American River Bankshares (AMRB) in Sacramento, Calif., is looking for its next chief credit officer.
December 19 -
In the space of just a few hours, regulators issued -- and banks condemned -- guidance meant to clarify the impact of the Volcker Rule on small institutions.
December 19 -
Albert Buzzetti, founding chairman and chief executive at Bancorp of New Jersey (BKJ) in Fort Lee, has died.
December 19 -
Horizon Bancorp (HBNC) in Michigan City, Ind., has named a new chief financial officer and made two other executive promotions.
December 19 -
This time last year American Banker predicted six types of deals that would predominate in 2013. We were right about some things (more mergers of equals), wrong about others (lots of tiny banks would sell), and partly correct in some cases. Here's our self-critique.
December 19 -
A hike in guarantee fees could encourage banks to retain loans they might have otherwise sold to Fannie or Freddie, but observers are skeptical that it will accomplish its true mission of jump-starting the market for private-label mortgage securitizations.
December 19 -
Citigroup Inc. (C) renewed its lease on 2.63 million square feet (245,000 square meters) at the lower Manhattan office complex it inherited from Travelers Group when it bought the insurer 15 years ago.
December 19 -
Regulators raised more concerns on Thursday that some institutions might take heightened risk by seeking profits from locking into longer-term fixed yields and diving into complicated growth markets such as oil, gas and leveraged lending.
December 19 -
A bipartisan group of lawmakers is urging regulators to reconsider a provision in the recently finalized Volcker rule that they warn could harm community banks that own trust-preferred securities.
December 19




