Consumer banking
Consumer banking
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Zions Bancorp (ZION) in Salt Lake City has raised $162 million in an auction of subordinated debt.
November 1 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., has agreed to buy CapStone Bank (CPSE) in Raleigh, N.C.
November 1 -
The Office of the Comptroller of the Currency has released Hudson Valley Bank in Yonkers, N.Y., from a 2012 enforcement action.
October 31 -
Higher expenses made Green Dot's third-quarter profits fall 36% from a year earlier. The prepaid card issuer also said Thursday that it is adding six more products to its WalMart MoneyCard line.
October 31 -
The Senate Banking Committee continues to discuss housing finance reform options even as efforts to confirm Congressman Mel Watt to run the Federal Housing Finance Agency stall.
October 31 -
City National Corp. (CYN) in Los Angeles has announced the pricing of a $100 million public offering.
October 31 -
Gibraltar Private Bank & Trust in Coral Gables, Fla., has promoted Angel Medina to president.
October 31 -
Call it the second wave of the mortgage-refinancing collapse. Prepayment penalty income is about to crash. Hard. Especially in New York.
October 31 -
Some of the disclosure requirements in the landmark credit card reform law have made scant difference in nudging consumers to make more prudent financial decisions, a new study suggests.
October 31 -
Federal policymakers should make payday lenders structure their loans to be repaid over time, according to a report released Wednesday by the Pew Charitable Trusts.
October 31 -
WASHINGTON Nearly two-dozen senators are seeking data the Consumer Financial Protection Bureau used as the basis for warning auto lenders they could be committing fair-lending violations.
October 31 -
The Pennsylvania company is raising $150 million. Two-thirds of it will go toward redeeming trust-preferred securities, but the remaining funds could be used to do bigger deals.
October 31 -
The Consumer Financial Protection Bureau got a confirmed director for the first time this year, when the Senate finally approved the longstanding nomination of Richard Cordray for the post. But the agency has also sustained the departures of high-ranking employees to law firms, consulting shops, banks and other destinations. Here's a look at some of the CFPB employees who have left in 2013, and where they have landed.
October 31 -
The Capital Asset Pricing Models value is debatable in normal times. If misapplied in todays ultralow interest rate environment, it can severely overvalue banks and excuse poor operating performance.
October 31 -
Another big law like Dodd-Frank could be harmful to the mortgage market, but an incremental approach to housing finance reform might be the perfect solution.
October 31 -
Three federal home loan banks dropped their opposition to Bank of America's $8.5 billion settlement in a New York state court lawsuit over Countrywide residential mortgage backed securities.
October 31 -
MasterCard reported a third-quarter profit that beat analysts' estimates as a stronger euro helped boost revenue.
October 31 -
CommunityOne Bancorp (COB) in Asheboro, N.C., reported its first quarterly profit since 2008.
October 31 -
Debt buyer Portfolio Recovery Associates Inc. reported third quarter financial results that included record revenues of $197.8 million, up 31% from the year-ago period.
October 31 -
The best banks to work for often provide their employees with good benefits and flexible schedules but they also have more specialized perks, from free rental cars to career counseling, according to American Banker Magazine's November cover story. Editor-in-Chief Heather Landy discusses what sets some banks apart in the workplace.
October 31





