Consumer banking
Consumer banking
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Planned price increases and hints that households are looking for higher yields for their savings suggest that the flood tide of deposits could finally be ebbing.
July 15 -
A uniform mortgage-backed-security product, more risk sharing and help for small banks are some of the housing-finance fixes that the Mortgage Bankers Association urges regulators to make now.
July 15 -
Strong investment-banking profits helped offset more lackluster commercial banking results, illustrating just how much big banks have to lose from lawmakers' latest attempts to rein in the largest banks.
July 15 -
The Consumer Financial Protection Bureau named a new chief operating officer and chief of staff, among other appointments, following a string of recent departures in its senior level suite.
July 15 -
Normally community banks avoid loan participations with nearby rivals, but a group of Delaware banks decided they had to do so to compete with big banks and survive.
July 15 -
Capital One Financial (COF) said Monday that delinquencies in its U.S. credit card portfolio rose slightly in June following four straight months of improvements.
July 15 -
A bipartisan commission, in lieu of a director, would encourage internal deliberation and constrain the CFPBs ability to make politically motivated or ill-informed decisions.
July 15 -
Commerzbank, Germany's second-biggest bank, agreed to sell its U.K. real estate lending unit to Wells Fargo and Lone Star Funds to comply with European Union state-aid rules following its bailout.
July 15 -
HSBC North America has begun a program to help companies participate in the U.S. export boom.
July 15 -
Barclays is in an awkward situation that will ring familiar to bankers in the U.S. The U.K. bank has been terminating relationships with money transmitters, including several that wire funds to Somalia, a ravaged country that relies heavily on remittances from immigrants in the West. The bank says it's uncomfortable with the risk and expense of serving these businesses in light of recent fines levied against big financial institutions for anti-money laundering lapses. But now it's being accused of starting a humanitarian crisis.
July 15 -
For the second consecutive month, lawsuits citing violations of three key collection laws fell, according to data from U.S. district courts.
July 15 -
First PacTrust in Los Angeles plans to become to Banc of California, effective July 16.
July 15 -
The Federal Trade Commission has settled with five companies charged in a joint law enforcement sweep last year that involved millions of illegal pre-recorded robocalls claiming to be from Rachel and Cardholder Services and pitching credit card interest rate reduction services.
July 15 -
First Bank in Hamilton, N.J., has agreed to buy Heritage Community Bank in Randolph.
July 15 -
MB Financial has agreed to buy Taylor Capital Group. The deal would create one of the largest banking companies in Chicago.
July 15 -
Future banking will feel more like a medical relationship, serving customers with the intimacy and attention of the family doctor. This will require a Hippocratic-oath level of trust.
July 15 -
What products and services will tomorrow's banks offer that truly add value and that customers will be willing, even happy, to pay for? We asked contributors to think big and broad.
July 15 -
Citigroup Inc., the third-biggest U.S. bank by assets, posted a 42 percent increase in second-quarter profit that beat analysts' estimates as stock-trading revenue surged and losses on unwanted assets declined.
July 15 -
M&A, bank consolidation and marketing strategies are among the reasons why a number of banks have changed their names in recent months. Here are some notable examples from this year.
July 15 -
WINSTON-SALEM, N.C. Allegacy FCU will open a new office in a remodeled former Blockbuster Video building in Winston-Salem this morning.
July 14





