Consumer banking
Consumer banking
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Fees and commissions provided a silver lining for BancFirst in Oklahoma City last quarter.
April 17 -
Raj Date, the former deputy director for the Consumer Financial Protection Bureau, has started a bank advisory firm that will focus on consumer finance issues, including assisting mergers and acquisitions through private equity partnerships.
April 17 -
Bank of America (BAC) reported a jump in first-quarter profit that missed some analysts' estimates as lower mortgage banking income slowed the company's turnaround. The shares dropped 3.3 percent in early New York trading.
April 17 -
Poorly written regulations from the Department of Housing and Urban Development are at the crux of a force-placed insurance fight between lenders and homeowners, federal judges declared at a hearing earlier this month.
April 16 -
Fulton Financial (FULT) in Lancaster, Pa., reported a slight increase in quarterly profit as better credit quality and higher securities gains offset revenue declines.
April 16 -
ING U.S., the American insurance unit of ING Groep (INGA), plans to raise as much as $1.54 billion in an initial public offering as its Dutch parent focuses on operations at home.
April 16 -
Jacoby Dickens, majority owner and chairman of Seaway Bancshares, died Sunday at his home in Fisher Island, Fla., Crain's Chicago Business reported.
April 16 -
Comerica is generating enough loan growth in its key markets that it is under no pressure to expand through acquisitions, Chairman and Chief Executive Ralph Babb says.
April 16 -
Richard Davis, whose U.S. Bancorp reported a quarterly revenue slowdown, says the threat of higher rates actually would stir complacent corporate borrowers to seek more credit. But when that would happen is anybody's guess.
April 16 -
California lawmakers are considering a bill that could potentially cripple profits for payday lenders in the nation's largest state.
April 16 -
While some call Bitcoin an "existential threat to the state," local governments could soon embrace the digital currency and payment system as a practical alternative to credit and debit cards.
April 16 -
Community banks spent $250 million and more than 8 million hours on regulation implemented during the first quarter, a recent study found.
April 16 -
Tompkins Financial (TMP) in Ithaca, N.Y., has hired an executive from National Penn Bancshares (NPBC) to run its bank in southeast Pennsylvania.
April 16 -
Strong fee income and rising stock markets lifted Northern Trust (NTRS) in the first quarter. Earnings at the nation's third-largest custody bank rose 2% from the same period a year earlier, to $164 million.
April 16 -
Quarterly profit fell at Westamerica Bancorp. (WABC) in San Rafael, Calif., as interest and fee income declined.
April 16 -
Bank of the West's Andy Harmening says there needs to be more conversation to determine the future of the big banks and whether they should be broken up. 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 16 -
WASHINGTON — The Consumer Financial Protection Bureau has proposed slight tweaks to help clarify mortgage rules first issued in January.
April 16 -
A strengthening housing market lifted Washington Federal (WAFD) in Seattle in the first quarter.
April 16 -
Federal Deposit Insurance Corp. Chairman Martin Gruenberg said regulators are homing in on concerns expressed by community banks in discussions on finalizing the capital rule.
April 16 -
Pinnacle Financial Partners (PNFP) in Nashville, Tenn., reported record quarterly profit after noninterest income jumped.
April 16





