Consumer banking
Consumer banking
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JPMorgan Chase shareholders have voted in favor of allowing Jamie Dimon to continue in his dual role as chairman and CEO. However, Dimon emerges from the fight bruised and facing formidable challenges.
May 21 -
Advance America responds to One PacificCoast Bank.
May 21 -
A public rift is emerging among some of the Democratic attorneys general who forged the 49-state mortgage settlement with five major banks over how aggressively to enforce servicing standards.
May 21 -
Only 32% of JPMorgan Chase shareholders voted in favor of splitting Jamie Dimon's chairman and chief executive roles, but the victory can't erase the months of harsh scrutiny over Dimon's power and the bank's governance.
May 21 -
Wal-Mart Stores and Starbucks are among 19 companies opting out of a $7.25 billion antitrust settlement with Visa and MasterCard over fees charged to merchants to process credit-card transactions.
May 21 -
Geoffrey Hesslink, an executive vice president, was promoted to the newly created post, the $1.7 billion-asset company said Tuesday.
May 21 -
Smaller banks may decide now is a good time to go public and raise capital for acquisitions and other growth opportunities.
May 21 -
The Fed on May 15 lifted a 2009 written agreement that barred the $326 million-asset Tysan from taking on debt or repurchasing stock without regulatory approval.
May 21 -
JPMorgan Chase (JPM) Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.
May 21 -
JPMorgan Chase's (JPM) Jamie Dimon won a resounding victory Tuesday in a closely watched referendum over his power and position as the bank's chairman and chief executive.
May 21 -
Umpqua CEO Raymond Davis expects banks to focus on customer service and building smaller branches in the years to come.
May 21 -
S&T Bancorp in Indiana, Pa., has appointed a new chairman.
May 21 -
Two bank deals, one in New Jersey and the other in California, have won regulatory approval and are nearing completion.
May 21 -
JPMorgan Chase (JPM) Chief Executive Officer Jamie Dimon won majority support from investors to keep his chairman title in preliminary voting ahead of today's shareholder meeting, according to two people with knowledge of the tallies.
May 21 -
Like Jamie Dimon, a number of bank leaders have been in fights to keep their chairmanships from being lopped off in recent years. Many lost, and a few survivedbut it's rarely pretty.
May 21 -
Mark Jaindl, a Pennsylvania banker, fell less than 100,000 short of shaking up the board at the parent of Home Savings Bank.
May 21 -
Senate Majority Leader Harry Reid plans to hold a long-awaited vote later this week on the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau. With the opposition GOP planning to block the nomination, the move is a rehash of past battles and a sign that politics is once again trumping pragmatism in bank policymaking, argues Washington Bureau Chief Rob Blackwell. Ironically, the Republican's opposition will keep the CFPB focused largely on banks, rather than on their nonbank rivals, and could end up doing their banker friends more harm than good.
May 21 -
Ohio Valley Bank in Gallipolis has joined the Federal Reserve System.
May 21 -
Wintrust Financial in Rosemont, Ill., has retooled the ranks at its Wheaton Bank & Trust.
May 21 -
Many merchants are still wary about accepting bitcoins, but new vendor partnerships and a maturation of the companies that handle bitcoin exchanges address some of the virtual currency's riskier aspects.
May 21







