Consumer banking
Consumer banking
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The New York credit card company said Thursday that it has added Anne Lauvergeon, a partner at Efficiency Capital, and Samuel Palmisano, the retired former chief executive of IBM (IBM), as directors.
February 21 -
Consumer advocates remain frustrated with servicers for not offering more principal write-downs and loan modifications to help borrowers stay in their homes.
February 21 -
A side deal struck with the three largest mortgage lenders continues to benefit underwater borrowers in the Golden State, according to the agreement's monitor.
February 21 -
Americans racked up less credit card debt in the fourth quarter but more people fell behind on their payments.
February 21 -
KeyCorp's decision to sell Victory Management puzzled some, who asked why jettison a fee-based business and whether it might buy or sell some branches.
February 21 -
Warren Buffett has long been the biggest shareholder of Wells Fargo (WFC), and now the San Francisco company represents the biggest piece of his portfolio.
February 21 -
Total System Services Inc. will begin processing LINK ATM transactions throughout the United Kingdom this year.
February 21 -
Thomas Petro discusses how proactive changes might have kept the Pennsylvania company from failing.
February 21 -
Recreating this industry involves regulation that more effectively aligns the interests of lenders and borrowers, consumer education and outreach and market-driven solutions.
February 21 -
At its annual party, the scandal-buffeted British bank bid goodbye to the "exciting and unpredictable" Year of the Dragon and welcomed in the Year of the Snake.
February 21 -
George Washington is a great role model for kids and might have had second thoughts about today's financial forms, says Frank Keating, the CEO of the American Bankers Association and author of a kids book about the first president.
February 21 -
Citigroup, Bank of America and Wells Fargo hauled in the most medals in Corporate Insight's annual comparison of banks' websites, but smaller players such as KeyBank and Ally Bank also made an impression.
February 21 -
Will the Financial Stability Oversight Council be successful at spotting threats before they cause a financial crisis or will it instead create "regulatory hazard" in the form of a false sense of security?
February 21 -
Monarch Financial (MNRK) in Chesapeake, Va., is getting rid of preferred stock it issued in 2009.
February 21 -
The purchase of NetSpend, which came at a hefty price for TSYS, signals that the prepaid card industry has come into its own.
February 21 -
Short sales continue to dominate relief efforts under the national mortgage settlement, and Californians continue to receive the bulk of the benefits.
February 21 -
A former leader of a Mormon congregation in Connecticut has pleaded guilty to charges he laundered hundreds of thousands of dollars through a bank that received funds from the Troubled Asset Relief Program.
February 21 -
Broadway Financial in Los Angeles has unloaded a package of loans in an effort to boost its asset quality.
February 21 -
ATMs can serve as more than cash dispensers for gift cards they can dispense the cards as well, Better ATM Services Inc. says.
February 21 -
VICTORVILLE, Calif. Alaska USA FCU has relocated its branch in Big Bear Lake, Calif., to inside a Vons supermarket, across from the old branch.
February 20






