Consumer banking
Consumer banking
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Taylor Capital Group's quarterly profit rose as revenue from its mortgage-banking operations remained strong.
April 19 -
A rise in fee income and interest lifted first-quarter results at Colony Bankcorp (CBAN) in Fitzgerald, Ga.
April 19 -
A lack of growth in core deposit-taking and lending in the first quarter bodes ill for an industry that's still struggling to regain its post-crisis footing. The disappointing numbers are likely to intensify banks' push to expand into businesses like wealth management and auto lending.
April 19 -
SunTrust Banks in Atlanta relied heavily on expense cuts to generate higher earnings compared with a year earlier.
April 19 -
CrossFirst Holdings in Leawood, Kan., has agreed to buy Tulsa National Bancshares in Oklahoma.
April 18 -
Falling revenue and a shrinking loan portfolio weighed on Capital One Financial's (COF) profits in the first quarter.
April 18 -
The executive suite at Texan Bank in Sugar Land, Texas, has become a family affair. The $80.7 million-asset bank recently named veteran banker Kenneth Koncaba Jr. chief executive officer.
April 18 -
California lawmakers have defeated a proposal aimed at reducing the size of the state's payday lending industry. A state Senate committee rejected the measure by a 5-3 vote Wednesday even after its author agreed to changes designed to soften the bill's impact.
April 18 -
B of A just recorded its lowest provision for buybacks of bad mortgages in years, and JPMorgan Chase has been reducing its reserves, but most claims from private investors are unresolved.
April 18 -
Salem Five Cents Savings Bank has set up a fund to support the family of Martin Richard, the 8-year-old boy killed in the Boston Marathon bombing.
April 18 -
As expected, the U.S. House of Representatives on Thursday passed a controversial bill that aims to bolster the nation's defenses against cyber threats.
April 18 -
Hanmi Financial in Los Angeles has inked major leaguers Hyun-Jin Ryu and Shin-Soo Choo to multiyear marketing deals to attract Korean-American consumers and baseball fans in general.
April 18 -
Establishing mentoring programs and better employee communication, drawing on the expertise of nonfinancial companies and holding special events aimed at women business owners are some of the ways banks can develop more women executives and clients.
April 18 -
Expense related to failed bank deals weighed on Simmons First National (SFNC) in Pine Bluff, Ark., in the first quarter.
April 18 -
Bank of the West's Andy Harmening discusses the advantages of being owned by France's BNP Paribas. "For us, it's been a very positive relationship," he says. Harmening, a senior executive vice president and regional banking group head, spoke to American Banker at the annual Best Practices in Retail Banking Symposium.
April 18 -
Washington's star-crossed mortgage foreclosure settlement suffered yet another setback this week when checks belatedly sent out to homeowners bounced. The troubles that have plagued the program from start to finish raise a number of broader questions. Among them: whether regulators' fondness for complex solutions is itself a recipe for failure and whether the foreclosure settlement's litany of troubles will lead to concrete policy changes.
April 18 -
Fee income and securities sales lifted Lakeland Bancorp (LBAI) in Oak Ridge, N.J., in the first quarter.
April 18 -
Fifth Third Bancorp's (FITB) quarterly profit declined slightly as improvements in credit quality nearly balanced declining interest income and fee income.
April 18 -
Lower yields weighed on People's United Financial (PBCT) in Bridgeport, Conn., in the first quarter.
April 18 -
The settlement, which follows an earlier deal with market leader Assurant, will prevent the insurers from giving banks commissions, free services, and reinsurance deals in order to win their business.
April 18





