Consumer banking
Consumer banking
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Quarterly profit fell at Westamerica Bancorp (WABC) in San Rafael, Calif., on weaker loan revenue.
October 16 -
Fraud against the elderly is expected to rise as the nation's baby boomers near retirement. Bankers and regulators are keen on trying to get ahead of the issue.
October 16 -
If the states are determined to reform force-placed insurance and the CFPB is determined to reform add-on products, they should propose rules and subject them to meaningful public notice and comment periods.
October 16 -
Pinnacle Financial (PNFP) in Nashville, Tenn., reported a strong third quarter on steady loan growth.
October 16 -
Bank of New York Mellon Corp., the world's largest custody bank, said third-quarter profit unexpectedly rose, helped by a tax court decision.
October 16 -
JPMorgan Chase & Co. (JPM) agreed to pay $100 million to resolve Commodity Futures Trading Commission claims that the companys London traders last year deployed a reckless strategy in derivatives.
October 16 -
Renasant (RNST) in Tupelo, Miss., posted lower quarterly earnings tied to its purchase of First M&F in Kosciusko, Miss.
October 16 -
The activist investor had vowed to wage a proxy battle next year against Malvern Bancorp unless it addressed concerns about shareholder value
October 16 -
Fee income and improvement in asset quality helped Comerica in Dallas increase third-quarter earnings.
October 16 -
Bank of America, JPMorgan Chase, Citigroup and Wells Fargo got credit for providing $15.4 billion relief to roughly 420,000 underwater borrowers last year, according to the settlement monitor.
October 16 -
KeyCorp (KEY) reported higher third-quarter profit after recording a gain from the sale of its investment management and broker-dealer units.
October 16 -
Confusion and panic. Those are the words most often used by lenders when faced with the onslaught of mortgage regulations and other rules going into effect in three months. Regulators have sought to defuse concerns partly by attending industry conferences, but they have also made it clear that several other big changes are on their way. Following is a guide to what's ahead.
October 16 -
Acquisitive banks have frequently used the "accretive to earnings" pabulum to sway shareholders and justify overpriced transactions. This has created an illusion of acquisition value that is detrimental to the market.
October 16 -
Municipal Employees Credit Union in Baltimore has received approval from the National Credit Union Administration to buy a bank.
October 16 -
Bank of America said third-quarter profit rebounded as the firm curbed legal expenses and more borrowers paid on time.
October 16 -
U.S. Bancorp said third-quarter profit was little changed as revenue fell and the bank set aside less money for bad loans.
October 16 -
PNC Financial Services posted a 9.7 percent profit increase as the lender cut expenses and set aside less money for bad loans.
October 16 -
Gateway Bank of Southwest Florida has appointed Brian Hall, the founder of rival Sabal Palm Bank in Sarasota, to its executive team.
October 15 -
LANSING, Mich. The Brighton Township Planning Commission on Monday night signed off on a site plan for Lake Trust CUs new 100,000-square-foot office project, which would be one of the biggest credit union builds in the country.
October 15 -
The Troy, Mich., bank's agreement to buy the four remaining bank units of Capitol Bancorp in a bankruptcy auction would strengthen its Midwestern profile, but it has to accept two far-flung units and navigate some tricky regulatory issues to get the deal done.
October 15



