Consumer banking
Consumer banking
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Ripple Labs has secured $3.5 million in additional funding to fuel the development of its digital currency network.
November 12 -
Checking-account customers who live in the Northeast and Southwest are more likely to enjoy consumer-friendly services than their counterparts in the Midwest and some Western states, according to a new analysis from Pew Charitable Trusts.
November 12 -
Their approaches differ, but one thing many bankers agree on is that growth depends largely on how well they cross-sell wealth management products to borrowers and depositors.
November 12 -
Capital Bank Financial (CBF) in Coral Gables, Fla., will revise certain financial statements in its 2012 annual report to reflect a better-than-expected balance sheet tied to a bank it bought.
November 12 -
National Bank Holdings (NBHC) in Greenwood Village, Colo., has received regulatory approval for its bank to pay a $313 million dividend to the holding company.
November 12 -
Safeguard Properties on Tuesday filed a motion to dismiss a fraud complaint by Illinois Attorney General Lisa Madigan that seeks to bar the Cleveland property inspection company from doing business in Illinois because inspectors broke into occupied homes.
November 12 -
Recent legal settlements have compounded big banks' fears about pursuing M&A, U.S. Bancorp chief Richard Davis says.
November 12 -
The payments associations proposal comes amid regulatory scrutiny of bank relationships with online lenders, and could affect financial institutions' dealings with a range of other industries.
November 12 -
Community Financial (TCFC) in Waldorf, Md., has named William Pasenelli, its president and chief financial officer, as its next chief executive.
November 12 -
First Marblehead (FMD) in Boston plans to change its name to Collegiate Trust Corp. and initiate a reverse stock split to keep trading on the New York Stock Exchange.
November 12 -
Community banks are stepping up their mobile payments offerings and a growing number say they're doing it more to please customers rather than for the direct profits.
November 12 -
Freddie Mac bought insurance covering a portion of losses on a pool of home loans from Arch Capital's Arch Reinsurance Ltd. unit, expanding risk-sharing efforts by the government-backed company.
November 12 -
M&T Bank Corp. (MTB) said the U.S. Securities and Exchange Commission and the Department of Justice are investigating financial reports by Wilmington Trust Corp. before M&T bought the firm.
November 12 -
Banks, along with Fannie Mae and Freddie Mac, are revisiting mortgage lending policies to address fracking concerns. Some banks will no longer finance homes where an oil rig sits, and Freddie Mac says it can force the entire outstanding balance to be paid if an oil lease is signed.
November 12 -
The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgage) dropped 23.3% in the past year, ending Q3 2013 at 4.09%, according to TransUnion.
November 12 -
Banks put the brakes on small-business lending in October as the government shutdown shuttered the Small Business Administration and the Internal Revenue Service.
November 12 -
At some point, the CFPB may start asking if issuers' credit scoring models negatively affect minority credit card applicants more than white applicants.
November 12 -
Bank of America Corp. Chief Executive Officer Brian T. Moynihan said U.S. consumers are in "pretty good shape" and spending more with credit cards.
November 12 -
Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.
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