Consumer banking
Consumer banking
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JPMorgan Chase's summer of regulator troubles has commanded the spotlight lately. However, the problems it faces have serious implications for many other banks. American Banker editors discuss what's at stake.
August 23 -
State and federal regulators appear to be orchestrating a series of actions to force financial institutions and third-party payment processors to stop doing business with certain online consumer installment lenders.
August 22 -
The Securities and Exchange Commission has settled charges against a former executive of UCBH Holdings, the parent of the failed United Commercial Bank in San Francisco.
August 22 -
The ratings agency is reviewing its rating of the senior and subordinated debt of six major banks due to indications that the federal government would unlikely support failing institutions, it said in a statement Thursday.
August 22 -
Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy Live Oak Financial Corp. in Dallas.
August 22 -
The Department of Justice has dropped a deferred money-laundering case against the banking unit of Ocean Bankshares in Miami, the company announced Thursday.
August 22 -
Two American Indian tribes sued New York state's financial regulatory agency and its head over his crackdown on Internet lending businesses, some of which are tribally owned.
August 22 -
Bank of America and JPMorgan Chase are the latest servicers to say they have fulfilled their obligations related to the national mortgage settlement. The five servicers covered by the deal say they have provided more than $50 billion in consumer relief, double what was required.
August 22 -
Merger negotiations are starting to resemble job interviews as more bankers hope to retain some level of control after begrudgingly selling their institutions.
August 22 -
The Federal Reserve Board has released Fentura Financial in Fenton, Mich., from an enforcement action.
August 22 -
A California man is scheduled for sentencing today by a federal judge for several Los Angeles bank robberies, including at least one in which he used a gun-shaped cigarette lighter.
August 22 -
Market conditions settled down in July after a spike in long-term rates spooked borrowers and bank executives a month earlier.
August 22 -
Regions Financial is sponsoring the college football museum that opens next year in Atlanta, a priority market for Regions.
August 22 -
KeyWorth Bank in Johns Creek, Ga., has agreed to buy a branch from Signature Bank of Georgia in Sandy Springs.
August 22 -
A Greensboro, N.C. hospital has filed a lawsuit seeking more than $5 million from an Illinois company it hired to hand its collection efforts.
August 22 -
Pulaski Financial in St. Louis has repurchased $6 million worth of its Troubled Asset Relief Program shares following their auctioning last year by the Treasury Department.
August 22 -
Efforts to overhaul the mortgage finance system are gaining momentum, but key logistical hurdles remain as lawmakers prepare to return from the August recess.
August 22 -
Bitcoin Ventures Inc.'s new CoinTap allows consumers to obtain bitcoins by purchasing a stored-value card in retail stores.
August 22 -
Easier access to credit helped boost small businesses' optimism in the third quarter to its highest point since the recession began, according to a survey released Tuesday.
August 22 -
The chief operating officer of Northrim BanCorp (NRIM) in Anchorage, Alaska, has resigned because of health issues.
August 22




