Consumer banking
Consumer banking
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Community bankers may have a long wish list of legislative changes for Congress to consider, but it is unlikely lawmakers will take up a comprehensive bill addressing those issues anytime soon.
September 23 -
Three years after passage of the Dodd-Frank Act, many bankers are still anxious as they wait for some rules to be written and others to be implemented. Yet a new set of regulatory and legislative challenges looms.
September 23 -
Nearly half of all M&A activity since 2011 has been divestitures, according to a new report from Deloitte. The data reflects banks trying to streamline their business in the new operating and regulatory environments.
September 23 -
Citigroup, the fifth-biggest U.S. mortgage originator last year, is cutting about 1,000 jobs in its home-lending business.
September 23 -
With every action now being scrutinized in real time, banks don't necessarily need guidelines and mandates to know if they are doing right by customers and shareholders, Fifth Third CEO Kevin Kabat says at American Banker's Regulatory Symposium.
September 23 -
You would be forgiven in thinking the OCC has been solely preoccupied with JPMorgan Chase in recent days, but the agency has disciplined three other national banks since late August, according to its monthly roundup of enforcement actions.
September 23 -
JPMorgan Chase will be charged by federal prosecutors in California in connection with sales of mortgage-backed securities, a person familiar with the matter said.
September 23 -
Banking expert Dennis Jacobe, an economist who held top posts at the U.S. League of Savings and Loan Associations, the Financial Research Institute, and the Gallup Organization, has died. He was 66.
September 23 -
Panelists at American Banker's Regulatory Symposium will discuss a federal proposal addressing how banks should develop risk management policies for their use of social media.
September 23 -
Sandler O'Neill included several new additions to its annual ranking of top-performing small banks and thrifts, suggesting that small lenders are slowly returning to pre-crisis health.
September 23 -
A breakdown of M&A announcements in the financial services industry for the week ended Sept. 21.
September 23 -
A New Jersey woman has sued two collection companies in a class-action case alleging consumer fraud over allegations they misled Victoria's Secret cardholders about interest on debts.
September 23 -
City National Bank of Florida in Miami has made two executive changes as its sale to a Chilean bank nears.
September 23 -
Managing the royalties of oil and gas landowners could generate big new fee opportunities for well-positioned banks.
September 23 -
With demand for autos reaching a nearly six-year high, consumer spending was expected to rise in August for a fourth consecutive month, economists said before reports this week.
September 23 - Washington
Sterling Financial in Spokane, Wash., has gone ahead with rebranding its California operations as Argent Bank despite its recent merger announcement.
September 23 -
Webster Financial in Waterbury, Conn, said Gerald Plush, its president and chief operating officer, will step down at the end of the month.
September 23 -
Investar Bank in Baton Rouge, La., is getting ready to go public.
September 23 -
First Republic Bank (FRC) in San Francisco has acquired a minority stake in Nigro Karlin Segal & Feldstein, a Los Angeles business management firm that caters to the stars.
September 23 -
BB&T Corp. (BBT) lost a bid to recover at least $688 million in taxes and penalties as a federal judge ruled a series of transactions with Barclays Plc (BARC), aimed at generating tax credits, lacked economic substance.
September 23



