Consumer banking
Consumer banking
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Big banks are ceding more of the consumer market to small banks, says John Romano, the new No. 2 executive at Amalgamated Bank in New York.
February 14 -
BOISE, Idaho A Las Vegas man was indicted by a federal grand jury yesterday on charges of stealing three ATMs holding more than $56,000 from local college campuses, including two owned by Idaho State University FCU.
February 14 -
Wells Fargo's mortgage unit is terminating a joint venture with investment firm Edward Jones and closing an office in the Minneapolis area.
February 14 -
QCR will pay roughly $20.1 million in cash and stock for the $290 million-asset Community National. The consideration is 70% stock and 30% cash. The companies expect to complete the deal in the second quarter.
February 14 -
The oft-mischaracterized HUD disparate impact rule will discourage any race-based decision making and minimize lawsuits. Why would any mortgage lender want to continue a practice with a discriminatory effect but no business objective?
February 14 -
Nigel Morris, who co-founded Capital One and is now with an investment firm, has become chairman of the alternative lender borro.
February 14 -
NetSpend Holdings (NTSP) earned $10.1 million in the fourth quarter of last year, a 5% increase from the same period a year earlier, the company announced Wednesday.
February 13 -
Minden Bancorp (MDNB) in Minden, La., is set to begin its third repurchase plan since becoming a public company two years ago.
February 13 -
The attorneys general of eight states are requesting to join a lawsuit that challenges the constitutionality of the Dodd-Frank Act and the Consumer Financial Protection Bureau.
February 13 -
Visa Inc. and MasterCard Inc., the world's biggest payment networks, won dismissal of a price- fixing lawsuit brought by a group representing operators of automated teller machines.
February 13 -
WASHINGTON — Senate Banking Committee Chairman Tim Johnson and Sen. Mike Crapo, the top panel republican, wrote to regulators on Wednesday urging them to weigh concerns by community bankers on pending Basel III capital and liquidity rules.
February 13 -
Citizens First (CZFC) in Bowling Green, Ky., is nearly two-thirds of the way to exiting the Troubled Asset Relief Program.
February 13 -
At a press conference protesting Republicans' refusal to confirm a director of the CFPB, Elizabeth Warren and other Democrats said they have no intention of making structural changes to the agency in order to meet GOP demands.
February 13 -
Move over, Wintrust. MB is poised to end its three-year hiatus from dealmaking.
February 13 -
A federal judge has ruled that the multistate mortgage settlement does not bar a lawsuit by the government against Wells Fargo (WFC) over its lending practices before and after the financial crisis.
February 13 -
The Federal Housing Administration commissioner faced a barrage of questions from lawmakers on the agency's fiscal health and downplayed fears that it will need a Treasury bailout.
February 13 -
Scott Bauer was the North Carolina company's CEO from its creation to its sale last fall to Capital Bank Financial.
February 13 -
CEO John Kanas is letting rivals know in advance that he's coming to New York — and that he's targeting their employees.
February 13 -
Growth is hard to come by in the credit card business, but major lenders are sticking with a smaller pool of customers with higher credit scores.
February 13 -
CoBank in Denver is giving $5 million to fund agricultural research and education at land grant universities nationwide.
February 13




