Consumer banking
Consumer banking
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Mortgage applications fell last week after interest rates edged up and consumers dialed back on refinancing.
December 19 -
American National Bankshares in Danville, Va., is getting a new chief executive. The $1.3 billion-asset company said Tuesday that Jeffrey Haley will succeed Charles Majors as CEO on Jan. 1.
December 19 -
Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. bid to address community bank troubles. But they're also already asking what comes next.
December 19 -
Wells Fargo will offer almost $60 million in cash rebates to more than 3,900 minority borrowers who were put into nonprime loans when they were eligible for prime ones.
December 19 -
U.S. Bank Wealth Management said Wednesday it has hired Terry Sandven as its chief equity strategist, a the newly created post.
December 19 -
The Treasury Department said that 218 banks remain in the Trouble Asset Relief Program's Capital Purchase Program, and that it expects to sell its stakes in roughly 144 banks in 2013.
December 19 -
2012 brought plenty of news that bankers -- and sometimes their regulators would be happy to forget. Here's a rundown of a year in tarnished reputations and fines.
December 19 -
Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.
December 19 -
UBS AG must pay about $1.5 billio) to U.S., U.K. and Swiss regulators for trying to rig global interest rates, triple the penalties levied against Barclays Plc.
December 19 -
A year ago we asked BankThink's regular contributors to make bold predictions about 2012. Here's a look back at their forecasts and the actual outcomes.
December 18 -
Royal Bancshares of Pennsylvania (RBPAA) in Narberth, Pa., has hired a former executive at PNC Financial Services Group (PNC) to run its bank.
December 18 -
Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. project to focus on community bank troubles, but are already looking ahead to the next phases.
December 18 -
The company landed $85 million to fuel organic growth at a time when most banks are attracting large investments for acquisitions.
December 18 -
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has given Michael Daly, its president and chief executive, the added title of chairman.
December 18 -
White House officials have approached American Express Co. (AXP) Chief Executive Officer Kenneth Chenault about joining President Barack Obama's second-term administration, possibly as Treasury secretary.
December 18 -
Until recently, the card resided in the wallet of Jerome Svigals, one of the engineers who invented it when he worked at IBM in the 1960s.
December 18 -
The economy may be improving, but banks appear unlikely to regain the creditworthiness they enjoyed before the financial crisis any time soon.
December 18 -
JPMorgan Chase (JPM) has named a new chief executive of mortgage banking as part of a broader plan to better align mortgage lending with its other consumer and retail initiatives.
December 18 -
Bank of America Corp., the best performer in the Dow Jones Industrial Average for 2012, has more than doubled since the start of the year as the company rebuilds capital and investor confidence.
December 18 -
Its purpose was to study what consumers know about dispute resolution clauses. This is particularly important because most checking accountholders are covered by these clauses and may not be aware of them.
December 18






