Consumer banking
Consumer banking
-
Smaller banks cannot afford to support high-density branch networks as economic challenges persist.
February 8 -
Missouri and Utah join a list of seven other states where lawmakers are considering whether to ban the check-out fees.
February 8 -
Fierce competition, a run-up in prices, and an expected jump in interest rates in the years ahead could spell bad news for banks that hold multifamily loans on their balance sheets. Cheap financing from Fannie and Freddie is also fueling concerns of a bubble.
February 8 -
Colonial American Bank wants to move its headquarters and switch its state charter to New Jersey from Pennsylvania.
February 8 -
NUVO Bank in Springfield, Mass. Plans to raise up to $5 million in capital.
February 8 -
The story of Barings speaks to another era, but also to banking's eternal vulnerabilities.
February 8 -
Fourth-quarter interest income and margins rose at Park Sterling (PSTB) in Charlotte, N.C., after an acquisition that doubled its assets.
February 8 -
Unlike the soon-to-be-discontinued Facebook Credits, the new Amazon Coins have a ready marketplace with consumers and merchants.
February 8 -
The company has removed 'North Jersey' from its name and is seeking capital for possible acquisitions. Analysts meanwhile believe New York makes sense for expansion.
February 8 -
Jerry Von Rohr, the former chief executive of Reliance Bank in St. Louis, is suing for salary and benefits he says the Federal Deposit Insurance Corp. unfairly prevented him from receiving.
February 8 -
Moody's (MCO) chief executive told investors Friday he is unaware of plans by federal and state officials to sue the company for allegedly misleading investors in the run-up to the housing crisis.
February 8 -
Carver Bancorp (CARV) in New York ended a drought by posted a profitable fiscal third quarter.
February 8 -
More banks besides Royal Bank of Scotland (RBS) are expected to be fined for manipulating the London interbank offered rate, Reuters reported Thursday, citing sources familiar with a bilateral investigation.
February 7 -
Berkshire Hills Bancorp (BHLB) has hired a team of five away from TD Bank to open its first commercial banking office in eastern Massachusetts.
February 7 -
Robin McGraw, chief executive of Renasant in Tupelo, Miss., celebrated his deal for First M&F and the University of Mississippi football team's recruiting coup.
February 7 -
Democratic Sens. Robert Menendez of New Jersey and Barbara Boxer of California have reintroduced a bill that Democrats argue would help millions of borrowers refinance their mortgages.
February 7 -
Renasant's willingness to pay a premium for First M&F, a small bank in the Deep South, indicates just how hungry banks are to put capital to use.
February 7 -
Breaking up the biggest banks would be futile, onetime Citigroup (NYSE:C) eminence and former Treasury Secretary Robert Rubin said on Thursday.
February 7 -
Banks with at least $10 billion in assets approved 15.3% of loans between $25,000 and $3 million in January, up from 14.9% in December and from 11.7% a year earlier, according to an index published Thursday by Biz2Credit
February 7 -
Any new state laws on the issue would likely strengthen the bargaining power of Visa and MasterCard in negotiations with retailers over swipe fees.
February 7





