Consumer banking
Consumer banking
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Alliance Bancorp Inc. of Pennsylvania (ALLB) in Broomall will face a proxy challenge from activist investor PL Capital.
November 26 -
First Merchants (FRME) in Muncie, Ind., has exited the Small Business Lending Fund.
November 26 -
ViewPoint Financial (VPFG) in Plano, Texas, has agreed to buy LegacyTexas Group in Plano.
November 26 -
The Amazon Coins digital currency is now available for consumers in the U.K. and Germany to buy mobile applications and make in-app purchases on the Kindle Fire tablet and on Amazon.com Inc.'s regional app stores.
November 26 -
U.S. residential properties sold at an estimated annualized pace of 5,649,965, a 2% increase from the previous month and up 13% from October 2012, according to RealtyTrac.
November 26 -
The president and chief executive of Sun Bancorp (SNBC) in Vineland, N.J., is stepping down at the behest of the board.
November 25 -
A longtime chairman and chief executive at HomeTrust BancShares (HTBI) in Asheville, N.C., has retired.
November 25 -
The positive reaction to Independent Bank Group's $170 million agreement to buy BOH Holdings shows how precrisis M&A valuation methods are returning and that the industry is getting stronger.
November 25 -
A former employee at an Ohio branch of U.S. Bancorp (USB) pleaded guilty Friday to charges that he accepted $24,000 in kickbacks from debt collectors in exchange for giving them business.
November 25 -
Underwriting standards on auto loans will slip in 2014 as increased competition pushes lenders to take more risk, according to Moody's Investors Service.
November 25 -
HSBC USA (HSBC) in McLean, Va., has hired a longtime Citigroup (NYSE:C) executive, William Brown, to lead its U.S. branch network.
November 25 -
As credit cards defaults and delinquencies continue to wane, banks and retailers are growing increasingly more confident in extending credit to consumers.
November 25 -
Lenders choices today are stark: Make Qualified Mortgage loans and risk being sued under the disparate-impact doctrine; make non-QM loans and risk being sued under the ability-to-pay-doctrine; or sell their loans to Fannie Mae and Freddie Mac.
November 25 -
Heartland Financial (HTLF) in Dubuque, Iowa, has purchased a bank of River Valley Bancorp in Davenport, Iowa.
November 25 -
The U.S. lags far behind much of the world in transferring funds rapidly from the bank account of one party to another's. Times vary by bank, but recipients commonly wait days to receive payments. Here's a look at five countries where consumers and businesses enjoy close to real-time to transferred funds.
November 25 -
Ed Grebow abruptly left the New York bank after just two years. The union-controlled bank, backed by private equity and stabilized by its departed CEO, wants a leader who can generate a return on investment.
November 25 -
The final six of 10 defendants named in an alleged Rachel from Cardholder Services scam have agreed to settle Federal Trade Commission charges that they misled consumers with bogus claims that they would lower their credit card interest rates.
November 25 -
Fifth Third Bancorp (FITB) in Cincinnati has agreed to pay $25 million to Freddie Mac to resolve mortgage repurchase claims.
November 25 -
The auto loan delinquency rate (the ratio of borrowers 60 days or more delinquent on their auto loans) increased to 1.04% in the third quarter ended Sept. 30, up on both a quarterly and yearly basis (from 0.87% in the previous quarter and 1.00% in Q3 2012).
November 25 -
DCB Financial (DCBF) in Lewis Center, Ohio, has been freed from a Federal Reserve Bank of Cleveland order.
November 25



