Consumer banking
Consumer banking
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Bankers defended force-placed insurance practices and dodged questions about alleged industry kickbacks and price gouging at a private but well-attended meeting hosted by the Federal Housing Finance Agency.
June 14 -
The nation's highest court is expected to announce Monday whether it will hear arguments in a case with the potential to dramatically lower banks' exposure to allegations of lending discrimination.
June 14 -
The $625 million-asset BNCF Financial will pay about $5 million in cash for the $75 million-asset Wilton. BNC Financial said it expects no tangible book value dilution after the deal is completed.
June 14 -
The public's confidence in U.S. banks is up five percentage points from a year earlier, to 26%, according to a poll released Friday by Gallup.
June 14 -
F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.
June 14 -
Debt buyer Encore Capital Group Inc. on Thursday closed its $200 million acquisition of Asset Acceptance Capital Corp. All subsidiaries of Asset Acceptance are part of Encore Capital and Asset Acceptances stock, NASDAQ ticker symbol AACC, has been delisted.
June 14 -
Federal regulators must not rely on standard measures of differences between outcome rates without considering the way those measures change simply because the frequency of an outcome changes.
June 14 -
Washington Trust Bancorp in Westerly, R.I., has tapped one of its executives to become head of wealth management at its bank.
June 14 -
Prudential Bancorp in Philadelphia is planning a second-step conversion.
June 14 -
Visa sued Wal-Mart in a bid to stop the world's largest retailer from filing a lawsuit to press price-fixing claims over merchant swipe fees.
June 14 -
The Atlanta mortgage servicer said Thursday it would buy $78 billion in unpaid principal balances of mortgage servicing rights using a combination of cash and available credit.
June 13 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.
June 13 -
Sen. Elizabeth Warren voiced concerns Thursday about the regulatory burden facing community banks, asking whether the industry needs a two-tiered system of rules to keep the smallest institutions from being wiped out.
June 13 -
The $1.2 billion-asset company paid $540,000 to repurchase the warrant it issued the Treasury Department in December 2008, Hawthorn said Thursday.
June 13 -
Urban Partnership Bank's plans to open a branch inside a Walmart store in a revitalizing Chicago neighborhood show how two very different institutions decided they would be a good fit after listening to their customers.
June 13 -
Bankers and regulators may need to study the barriers of entry into banking just as seriously as the NFL and Major League Baseball consider new franchises for football and baseball.
June 13 -
The Office of the Comptroller of the Currency has lifted a regulatory order that had been imposed on a unit of MetroCorp Bancshares in Houston.
June 13 -
JPMorgan Chase Chief Risk Officer John Hogan is returning to the bank in a new role after taking almost five months off and may decide to leave the firm altogether later this year or next, Chief Executive Officer Jamie Dimon told employees in a memo Thursday.
June 13 -
Associated Bank plans to use analytics so it can make more appropriate sales pitches and help business clients better manage their affairs.
June 13 -
The video produced by the influential nonprofit is meant to educate consumers and keep the pressure on policymakers.
June 13



