Consumer banking
Consumer banking
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The social services charity is thanking Eugene McQuade, the head of Citigroup's main banking unit, for the support he and his company have provided it.
May 23 -
Henry Holt & Co. announced a deal with Elizabeth Warren for her account of founding the CFPB, her Massachusetts Senate race and advocacy for the middle class.
May 23 -
Plumas Bancorp in Quincy, Calif., has exited the Troubled Asset Relief Program by repurchasing a warrant from the Treasury Department.
May 23 -
With a litany of bipartisan reasons to oppose FATCA, ranging from privacy and sovereignty to U.S. economic competitiveness, it is startling that the legislation has advanced as far as it has.
May 23 -
Old National Bancorp (ONB) in Evansville, Ind., plans to close approximately 10% of its branches in an effort to improve efficiency.
May 23 -
It's hard to believe but true: more than 700 banks maintained a pristine Camels 1 rating throughout the six-year period bracketing the financial crisis. New Fed research shows why.
May 23 -
The nation's biggest banks may be too big to fail but they enjoy little advantage when it comes to the cost of capital.
May 23 -
The death of branches appears to be greatly exaggerated, but they are changing. American Banker editors discuss how two banks that are leading the way, Wells Fargo and Umpqua, are downsizing and rejiggering their bricks and mortar presence.
May 23 -
Customers Bancorp sold $103.5 million of common stock in a public offering.
May 23 -
Toronto-Dominion Bank, the first Canadian lender to report second-quarter results, said profit rose 1.8% on record earnings from U.S. consumer lending.
May 23 -
The chief financial officer of Huntington Bancshares (HBAN) in Columbus, Ohio, has left to take the same position at KeyCorp (KEY) in Cleveland.
May 23 -
Ally Financial (ALLY) agreed to pay $2.1 billion to avoid lawsuits by unsecured creditors of the auto-lender's bankrupt mortgage unit, Residential Capital, according to a court filing today.
May 23 -
Chemical Financial in Midland, Mich., has filed a shelf registration that allows it to sell up to $100 million of securities over time.
May 23 -
General Electric is considering spinning off parts of its finance unit through an initial public offering as Chief Executive Officer Jeffrey Immelt works to shrink the business.
May 23 -
A turn towards small local Bitcoin exchanges could keep the digital currency out of trouble while preserving the self-sufficient ethos of the Bitcoin community.
May 23 -
Mortgage processor Lender Processing Services is reportedly in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.
May 22 -
Don Kimble, Huntingtons CFO since 2004, is joining another financial institution, the $56 billion-asset Huntington said Wednesday. The other institution was not named.
May 22 -
Sales of previously owned homes edged up 0.6% in April from the month prior and there was a noticeable increase in homes coming on the market.
May 22 -
Private-equity groups are looking to cash out their bank holdings given the bullish stock market and bearish outlook for banking. But few will double their money like Warburg Pincus did with its investment in Webster Financial.
May 22 -
U.S. credit card customers have become so diligent in making their payments that some are beginning to wonder whether the industry has entered a prolonged era of low chargeoffs and low delinquencies.
May 22





