Consumer banking
Consumer banking
-
Bankers must concentrate on achieving greater efficiencies, stop focusing on short-term goals and strike the right balance between unacceptably poor compliance practices and unattainable perfection.
March 1 -
The banking industry's pace of expansion, which had shown signs of accelerating in late 2012, appears to have lost momentum.
February 28 -
Darrell Green, an initial investor in the bank, enjoyed a Hall of Fame career with the National Football League's Washington Redskins.
February 28 -
Flushing Financial in Lake Success, N.Y. is now a bank. The $4.5 billion-asset company said Thursday that it had also merged Flushing Savings Bank and Flushing Commercial Bank to create a commercial bank chartered in New York.
February 28 -
The 11 state attorneys general who have joined a lawsuit against the Dodd-Frank Act are arguing for their case to be heard despite a request by the government to dismiss the suit.
February 28 -
Lenders are lowering rates and stretching out loan terms to win business, and that combination could spell trouble when interest rates rise.
February 28 -
Bank of American Fork in Utah held a retirement party Wednesday for an executive who has spent 45 years with the bank.
February 28 -
A big gain in servicing fees propelled Ocwen Financial (OCN) in the fourth quarter. Earnings at the Atlanta mortgage servicer rose to $65.1 million, compared with $9.7 million a year earlier.
February 28 -
The deal-hungry Independent Bank Group in Mckinney, Texas, is planning to raise up to $92 million through an initial public offering.
February 28 -
Some of the nation's biggest banks are touting their small business bona fides. Citigroup (NYSE:C) said Thursday the company's lending to small business borrowers rose 21% in 2012 from a year earlier, to $9.6 billion.
February 28 -
The head of Toronto-Dominion Bank (TD) said Thursday that he is not interested in buying Royal Bank of Scotland's U.S. operations.
February 28 -
Some think the Minnesota bank would be hard to sell, but if William Cooper got a deal done, he could make nearly $16 million.
February 28 -
The Senate Banking Committee held another hearing on FHA's capital shortfall Thursday, debating whether to focus on stabilizing the agency's finances or pushing for more substantive changes.
February 28 -
Emigrant Bank in New York has received regulatory approval to sell branches to Apple Bank for Savings.
February 28 -
Making home loans that aren't "qualified mortgages" will soon carry legal risk. Will making only QM loans expose lenders to fair-lending claims under the disparate impact doctrine? Washington must clarify.
February 28 -
Thirteen mortgage servicers will begin compensating more than 4 million borrowers beginning in April as part of the amended consent orders released by regulators on Thursday.
February 28 -
This week, the most senior JPMorgan Chase (JPM) executives spent six hours airing their plans for growth and retrenchment. Here are some of the strategies Chief Executive Jamie Dimon and his top lieutenants discussed.
February 28 -
A growing number of community banks are experimenting with traveling employees and student part-timers to cut branch expenses.
February 28 -
Checking account regulations are outdated even for their primary product. Why would you want to regulate prepaid cards with a set of archaic rules?
February 28 -
Following allegations that the FHFA killed a Fannie Mae plan that would have saved homeowners and taxpayers hundreds of millions of dollars, the ranking member of the House Finance Committee has asked the regulator to explain its decision.
February 28





