Consumer banking
Consumer banking
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Top bankers went out of their way to praise the Consumer Financial Protection Bureau and its Director, Richard Cordray, at American Banker's Retail Financial Services Conference. Despite the happy talk, they stopped short of calling for the GOP to end its opposition to the bureau or for Cordray's directorship to be made permanent.
March 15 -
The longtime chief executive of New Hampshire Thrift Bancshares is ready to retire — but not to leave completely. Stephen Ensign, 65, is set to retire April 30 as an employee of the Newport company but will remain its chairman.
March 15 -
The Fed's rejection of BB&T's capital plan likely bars the serial acquirer from big acquisitions for several months, but it might be able to pull off a small one.
March 15 -
The results of new stress tests on the nation's largest banks set the financial world abuzz Thursday. But lost in the shuffle were announcements from several smaller institutions, which underwent their own round of stress testing.
March 15 -
Only 30% of community banks communicate via social media, and that needs to change if they want to attract younger customers, members of the industry said.
March 15 -
Roughly a month after a naming a new chief executive, PNC Financial Services Group (PNC) has announced a succession plan for its chief financial officer position.
March 15 -
Citigroup (NYSE: C) is overhauling its rules for executive pay to tie compensation more closely to the company's performance.
March 15 -
Profit fell at Third Century Bancorp (TDCB) after the Franklin, Ind., company boosted its provision for loan losses.
March 15 -
The Super Bowl champ teased regulators, talked serious business and shared tales of his glory days on the football field during the Independent Community Bankers of America conference.
March 15 -
The Consumer Financial Protection Bureau is preparing to crack down on interest rate markups that automobile dealers add onto the cost of car loans, potentially threatening one of the few bright spots for bank lending of late.
March 15 -
The husband and wife who lead Southern National Bancorp of Virginia (SONA) want to make one more acquisition before they try to sell their bank and retire.
March 15 -
Several bank stocks fell on Friday morning despite announcements in their capital plans, released Thursday night, that they would increase payout to shareholders.
March 15 -
JPMorgan Chase's Ryan McInerney has spent three years improving the bank's consumer operations, using a lot of travel and employee feedback - and occasionally giving branch managers a little liquid courage.
March 15 -
Wells Fargo CEO John Stumpf said banks are no longer "too big to fail," and admonished fellow bankers to accept the existence of the Consumer Financial Protection Bureau.
March 15 -
First Mariner Bancorp (FMAR) may not keep its name on a local arena but the Baltimore bank will continue to have a popular pitchman.
March 15 -
SPOKANE, Wash. Numerica CU plans to open two new branches by the end of next year, including one this year in the two-story former First National Bank Building downtown.
March 14 -
The Independent Community Bankers of America has elected its executive committee for the next year.
March 14 -
The Consumer Financial Protection Bureau proposed adding nonbank student loan servicers, which account for over 70% of the student loan market, to its supervision program.
March 14 -
While many bankers cite new regulations or the sluggish economy as their primary challenges, PNC's CEO-in-waiting said that an even bigger hurdle could be figuring out how to charge customers for products and services that banks currently give away for free.
March 14 -
Little Bank (LTLB) in Kinston, N.C., said Thursday that it had received regulatory approval to repurchase up to 56,485 shares, or 2% of outstanding shares.
March 14



