Consumer banking
Consumer banking
-
OptimumBank Holdings (OPHC) in Fort Lauderdale, Fla., can keep listing its shares on the Nasdaq now that a reverse stock split has brought the stock above the exchange's minimum price.
June 20 -
Several foreign-owned banks have been looking to expand in the United States, including Chile's BCI and Canada's TD Bank. Here's a look at foreign-owned banks that have an eye on U.S. expansion.
June 20 -
Banks will have to scrutinize their relationships with consultants, brace for the possibility of a wave of regulation of consulting practices and have backup plans in case a key advisor ever receives a punishment like the one New York state dealt Deloitte.
June 19 -
Consumer Financial Protection Bureau Director Richard Cordray defended the agency's new mortgage rules, data gathering activities and single-director leadership structure during a luncheon speech on Wednesday.
June 19 -
Federal Reserve Board Chairman Ben Bernanke said Wednesday that regulators are making steady progress on a number of critical rules under the Dodd-Frank Act, predicting that several final rules will be released in the coming months.
June 19 -
Sabal Financial, a buyer of distressed debt, has established Sabal Third Party Servicing, which will service commercial real estate and construction loans nationwide.
June 19 -
Regulators have published the latest catalog of places outside metropolitan areas where lending will earn banks credit toward their Community Reinvestment Act obligations.
June 19 -
Housing Secretary Shaun Donovan and four state attorneys general vowed to hold banks to the terms of the settlement while saying more institutions were likely to shortly join their ranks.
June 19 -
The $130 million-asset parent of Guernsey Bank said Tuesday it would pay roughly $5 million for Ohio State, which has three branches in the Columbus area.
June 19 -
The $804 million-asset bank will offer as many as 1.45 million shares to the public at $14.25 a share, which could produce as much as $20.7 million.
June 19 -
Cambridge Savings Bank in Massachusetts has hired new chief financial and marketing officers.
June 19 -
A prominent group of policymakers from across the political spectrum has unveiled a detailed proposal to reform the mortgage finance system that includes many common elements found in pending Senate legislation.
June 19 -
The Federal Housing Finance Agency has hired a force-placed insurance industry lobbyist to simultaneously advise the government on the same issues. Is the move is indicative of a federal housing regulatory regime that's been coopted by the regulated?
June 19 -
Heritage Commerce (HTBK) in San Jose, Calif., has teamed with a Bay Area nonprofit group to help low-income entrepreneurs secure startup capital.
June 19 -
Fulton Financial (FULT) in Lancaster, Pa., is extending a share repurchase program by three months.
June 19 -
A number of recent deals in the state could spur more Virginia banks to buy or sell. However, big out-of-state buyers are unlikely to get involved because there are few large targets left.
June 19 -
Contradictory regulations, such as the CFPB's QM standards and HUD's new fair lending rules, inhibit banks ability to devote resources to their businesses.
June 19 -
Deutsche Bank reached a settlement with the city of Los Angeles to resolve a lawsuit claiming the bank acted like a "slumlord" and let foreclosed homes in low-income neighborhoods fall into disrepair.
June 19 -
The big five servicers technically passed the first test of their compliance with the $25 billion national mortgage settlement, but four of them failed to meet at least one requirement and the settlement's monitor received nearly 60,000 complaints.
June 19 -
The Consumer Financial Protection Bureau is spending too much on top officials' salaries, travel and a planned office renovation, Republicans said during a House Financial Services subcommittee hearing on Tuesday.
June 18





