Consumer banking
Consumer banking
-
Huntington Bancshares announced Tuesday that it has exceeded its three-year pledge to lend $4 billion to small businesses across its six-state footprint.
March 19 -
First Financial Corp. (THFF) of Terre Haute, Ind., is buying seven branches and two drive-up locations in Illinois from Bank of America (BAC).
March 19 -
A unit of SVB Financial Group (SIVB) in Santa Clara, Calif., plans to raise $300 million for a venture capital fund.
March 19 -
BankUnited, the Florida bank led by John Kanas, has hired two of his former colleagues at Capital One — Joe Roberto and Kelly Sheehan — to run its nascent operation in the Big Apple.
March 19 -
Mary Jo White, Obama's nominee to head the SEC, received near-unanimous support from the Senate Banking Committee during a vote Tuesday morning, while backing for Richard Cordray, director of the CFPB, was split as expected along party lines.
March 19 -
HomeStreet (HMST) in Seattle may be nearing an exit from a cease-and-desist order after paying an important debt.
March 19 -
California Bank of Commerce in Lafayette, Calif., has hired a bank consultant as its president and chief executive.
March 19 -
The California business bank focuses on the technology sector, applying lessons learned from the dot-com bust of the 1990s.
March 19 -
Citigroup (NYSE:C) will pay $730 million to settle a lawsuit by investors who allege they were misled by the company's disclosures.
March 18 -
Columbia Banking System (COLB) in Tacoma, Wash., and West Coast Bancorp (WCBO) in Lake Oswego, Ore., announced late Monday that shareholders from both companies approved West Coast's planned sale to Columbia.
March 18 -
Community Financial Shares (CFIS) in Glen Ellyn, Ill., is extending its rights offering to boost shareholder participation.
March 18 -
A bill by Minnesota's Rep. Keith Ellison would cap the mortgage interest deduction at the first $500,000 of a home loan and use the anticipated savings to invest in low- and moderate-income housing.
March 18 -
WASHINGTON — The federal bank regulators on Monday proposed several revisions to their guidance for complying with Community Reinvestment Act regulations.
March 18 -
Rents for single-family homes are rising slower than property prices as firms such as Blackstone Group flood the market with homes for lease, posing risks to investors betting billions on the burgeoning market.
March 18 -
HarborOne Credit Union in Brockton, Mass., is on its way to becoming a mutual savings bank.
March 18 -
Consumer bankers are reluctant to start charging customers new fees for existing products. But Capital One's Jonathan Witter pointed to the flexibility banks offers in pricing business-banking products as an example of how they could generate more fee revenue on the consumer side.
March 18 -
Heritage Financial is paying 1.5 times tangible book value for Valley Community, but the markets welcomed the deal because Heritage expects to slash the seller's expenses as much as 50% because of market overlaps.
March 18 -
Banks, thrifts and credit unions brought in $32 billion in overdraft revenue last year, a 1% increase from 2011, according a new study.
March 18 -
HSBC agreed to sell its Canadian store card unit to Toronto-Dominion Bank as it closes its consumer-finance business in the country.
March 18 -
U.S. Bancorp (USB) has agreed to purchase Deutsche Bank's (DB) municipal bond trustee business.
March 18



