Consumer banking
Consumer banking
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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 -
Fees from residential refinancings propelled Sandy Spring Bancorp (SASR) in Olney, Md., in the first quarter.
April 18 -
BB&T announced Thursday that it earned $210 million in the first quarter, compared with $431 million a year earlier, as it took a $281 million charge related to a tax dispute with the Internal Revenue Service.
April 18 -
KeyCorp (KEY) posted double-digit growth in its commercial and industrial loan portfolio and its earnings rose in the first quarter.
April 18 -
But large banks have narrowed the gap as they have made a more concerted effort to better explain their fee structures to disgruntled customers.
April 18 -
ABERDEEN, Md. APG FCU, formerly Aberdeen Proving Grounds FCU, will open two loan centers in Cecil County next month, in Elk Mills and Rising Sun.
April 17 -
Steve Antonakes, the No.2 at the Consumer Financial Protection Bureau, spent an hour with bankers on Wednesday attempting to ease concerns about impending mortgage rules and the examinations that will follow.
April 17 -
Astoria Financial (AF) in Lake Success, N.Y., boosted its quarterly profit nearly 40% by reining in costs.
April 17 -
U.S. Bancorp (USB) is about to add a service for Somali immigrants in the U.S.
April 17 -
Umpqua Holdings (UMPQ) in Portland, Ore., missed its quarterly earnings expectations because of margin pressure.
April 17 -
American Express (AXP) on Wednesday reported earnings of $1.3 billion in the first quarter of the year, aided by aggressive cost-control efforts and by high repayment rates on its credit cards.
April 17





