Consumer banking
Consumer banking
-
Park National in Newark, Ohio, is giving its president the additional title of chief executive.
July 23 -
Carlyle Group is selling off the last of its stake in Boston Private Financial Holdings (BPFH).
July 23 -
Signature Bank in New York reported its 15th consecutive quarter of record profits as its loan revenue rose substantially.
July 23 -
Second quarter marks against securities have ranged to 5% or more of tangible equity, but markets have looked past the losses and bid up bank stocks.
July 23 -
The study quantifies the sizes of each market segment and their historical growth rates, reviews the key factors behind the figures, incorporates input from interviews with industry figures and sets out a market forecast.
July 23 -
First Niagara Financial in Buffalo, N.Y., has settled another severance issue involving a former executive.
July 23 -
The relationship between traditional financial institutions and startups is a recurring theme in BankThink's series, "The Future Model of Banking." While young companies are nimbler and more innovative, banks have the advantages of regulatory protections and incumbency. So while the disruptive newcomers could make banks obsolete, these entrepreneurs may be able to accomplish more by working with banks than they might on their own.
July 23 -
FirstMerit (FMER) in Akron, Ohio, reported higher second-quarter profit after completing its acquisition of Citizens Republic Bancorp.
July 23 -
Our model must change to reduce embedded friction, whether in the form of fees or complicated processes. We must keep up with the simplicity, usability and transparency customers now demand.
July 23 -
In a case against a payday lending operation, a judge has ruled that American Indian tribes are subject to the FTC Act.
July 23 -
Synovus Financial (SNV) in Columbus, Ga., will raise roughly $125 million through a preferred stock offering.
July 23 -
Improved credit quality pushed up quarterly profit at TCF Financial Corp. in Wayzata, Minn., despite declines in interest and fee revenue.
July 23 -
Shopkick now allows consumers to make purchases directly from its mobile app, which rewards consumers for visiting its merchant clients in-person.
July 23 -
Regions Financial reported lower second-quarter earnings after the Birmingham, Ala., company restructured its debt and redeemed certain securities.
July 23 -
PacWest has agreed to buy CapitalSource for $2.3 billion, a transaction that would fulfill CapitalSource's longtime goal of becoming a full-fledged bank. It is the year's biggest bank deal.
July 22 -
Quarterly profit at BancorpSouth (BXS) in Tupelo, Miss., were nearly unchanged from a year earlier after the company struggled to boost revenue from its balance sheet.
July 22 -
Hancock Holding (HBHC) has agreed to sell 10 Whitney Bank branches that the Gulfport, Miss., company had planned to close, as well as loans and deposits associated with the branches.
July 22 -
With Richard Cordray here to stay, the Consumer Financial Protection on its second anniversary is poised to expand rules, accelerate enforcement actions and resolve looming staff uncertainties.
July 22 -
Zions Bancorp. (ZION) in Salt Lake City reported flat second-quarter results after it redeemed trust-preferred securities and refinanced debt.
July 22 -
Wilshire Bancorp is projecting cost savings of 60% for its deal with a Los Angeles rival, Saehan Bancorp. If it can pull that off, more intra-market deals among Korean-American banks could follow.
July 22



