Consumer banking
Consumer banking
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Many borrowers who took out home equity lines of credit could soon be facing steep increases in their monthly payments, perhaps setting the stage for a fresh round of mortgage delinquencies, according to a new report from Lender Processing Services.
December 9 -
Large corporations usually turn to big banks for loans, but a new matchmaker believes community banks can compete for those projects.
December 9 -
The wealth management unit of Bank of New York Mellon is increasing its sales force by 50%, adding private bankers for affluent customers and has hired an executive away from Capital One.
December 9 -
New York's Benjamin Lawsky and other state regulators have given no indication of differentiating between online lenders that operate well and those that dont. Yet the spectrum of alternative lending operations indicates that just such a distinction is needed.
December 9 -
The chief financial officer of Brookline Bancorp (BRKL) in Boston plans to resign.
December 9 -
The North Carolina market is poised for a big round of M&A, and executives at NewBridge Bancorp which has made two acquisitions this year believe they can build the state's first super-community bank.
December 9 -
BtcQuick, a Bitcoin exchange, has deployed miiCard's identity verification service to comply with Know Your Customer and Anti-Money Laundering requirements and help deter fraud risk.
December 9 -
American Airlines and US Airways have argued that a planned merger will be good for "competition, consumers and choice." But days before the merger's closing, changes the airlines made to a popular credit card reward may end up having the opposite effect.
December 9 -
Blue Valley Ban Corp (BVBC) in Overland Park, Kan., plans to sell up to $10 million of stock in a subscription rights offering.
December 6 -
A bump in overdrafts in the third quarter suggests that more Americans are struggling to make ends meet.
December 6 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
December 6 -
Entertainment and mobile technology company Pimovi has released CamFusion, a mobile app that enables in-app payments for content accessed by wearable computing.
December 6 -
PNC has put the historic Pennsylvania Avenue headquarters building of Riggs National Bank on the market.
December 6 -
The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.
December 6 -
These types of schemes rarely pay off in the end, and they certainly never represent an efficient use of funding. Banks would, therefore, be well-advised to make some immediate price-structure changes.
December 6 -
The New York State Department of Financial Services has approved three banks to convert to state charters.
December 6 -
The chief marketing officer of Wilshire Bancorp (WIBC) in Los Angeles has resigned after just three months in the role.
December 6 - Pennsylvania
PNC Financial Services Group (PNC) in Pittsburgh has agreed to pay $89 million to Freddie Mac in order to resolve repurchase obligations on loans sold to the government-sponsored entity.
December 6 -
Reduced lending, fewer leaders in times of crisis and less innovation thats what wed have if only the biggest banks were allowed to survive.
December 6 -
Colorado's top banking regulator the only state supervisor to get overruled by the Federal Reserve Board on a failure is retiring.
December 6


