Consumer banking
Consumer banking
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Capital One agreed to pay $3.5 million to resolve U.S. regulatory claims the bank set aside inadequate reserves for auto loan losses in 2007.
April 25 -
COLONIE, N.Y. CAP COM FCU on Tuesday night received final approval to build a new three-story, 118,400-square-foot office here.
April 24 -
Sens. David Vitter and Sherrod Brown are courting a key constituency — small banks — that they hope can help build support for their legislation to tackle "too big to fail."
April 24 -
Oriental Financial Group (OFG) in San Juan, Puerto Rico, is being rebranded as OFG Bancorp.
April 24 -
Promontory Financial Group has hired Linda Gallagher, the head of KPMG's financial services regulatory department, as head of its consumer protection practice.
April 24 -
Wells Fargo is the latest big bank to try to get more revenue from its wealthiest clients by offering them fee-intensive investment-management products. But Wells and its wealth-management competitors, including JPMorgan Chase and PNC, also have to overcome their reputations and customers' reluctance to trust big banks.
April 24 -
The central bank is facing criticism from consumer advocates over its failure to sign onto a plan by other banking agencies that would put tight restrictions on the loans.
April 24 -
Shareholders resoundingly approved Citigroup's executive compensation package and other proposals at the bank's annual meeting on Wednesday, but CEO Michael Corbat sees more challenges ahead.
April 24 -
High-profile investor Jay Sidhu says he still plans to vote against the sale of Atlantic Coast in Jacksonville even though Bond Street has agreed to pay shareholders $5 a share up front, instead of withholding $2 a share for a year to cover litigation costs.
April 24 -
Monarch Financial Holdings (MNRK) in Chesapeake, Va., has made five executive promotions, including the appointment of a new chief credit officer
April 24 -
U.S. Bancorp Investments, the brokerage affiliate of U.S. Bank, is reaping the benefits of a major makeover that began soon after William Benjamin joined the firm as its CEO almost five years ago.
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported solid growth in interest income as it began its expansion into the New York City market.
April 24 -
A number of community banks reported higher noninterest expenses in the first quarter as they sought out ways to book more loans and charge more fees.
April 24 -
Wage costs offshore are on the rise. Local talent is available in abundance and the growing popularity of digital channels has created ample cost-reduction opportunities at home.
April 24 -
Bank of Marin Bancorp in Novato, Calif., is looking for a chief financial officer.
April 24 -
Jacksonville Bancorp (JAXB) in Florida has made Donald Glisson its chairman.
April 24 -
Money transmitter licensing requirements, know-your-customer rules and other requirements create high costs and barriers to entry for new players in the payments field, says Dave Birch of Consult Hyperion. It's dubious that all the red tape is beneficial or necessary for payment accounts with small balances, he argues.
April 24 -
Rurban, a $641 million-asset company, has renamed itself SB Financial Group and will trade under the stock symbol "SBFG" starting on Wednesday.
April 24 -
Triumph Bancorp in Dallas has agreed to National Bancshares in Bettendorf, Iowa.
April 24 -
Wells Fargo, led by John Stumpf, took more heat from protestors at its annual meeting even as it defeated a call for an independent review of its mortgage modifications.
April 24





