Consumer banking
Consumer banking
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Fifth Third Bank is the latest bank to announce that it would halt evictions during the holiday season.
December 11 -
HSBC Holdings Plc, Europe's largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.
December 11 -
Innovations can fail catastrophically, as was the case for the mortgage and securitization innovations that precipitated the crisis. Valuable innovation profitably and honestly delivers greater perceived value to customers, without incurring disproportionate cost and risk.
December 11 -
The Treasury Department is scheduled on Tuesday to auction warrants to purchase 1.2 million shares of common stock in M&T Bank.
December 11 -
MANSFIELD, Texas – Texas trust CU opened its tenth branch here yesterday, its second new branch of the year.
December 10 -
DENVER – Bellco CU opened its newest metro Denver branch yesterday in Sloan’s Lake and is opening an additional branch next Monday in Englewood.
December 10 -
Prosperity Bancshares (PB) in Houston has agreed to buy Coppermark Bancshares in Oklahoma City, Okla., for $193.9 million in cash and stock.
December 10 -
The $5.8 billion-asset holding company of Chemical Bank in Midland, Mich., said Monday it has completed its $8.1 million purchase of 21 branches from Independent Bank (IBCP) in Ionia, Mich.
December 10 -
Banks will have adjustments to make in residential lending next year even though the housing recovery will continue, according to an economic forecast issued Monday.
December 10 -
The jump in Bank of America’s Basel III capital ratio in the third quarter reflected favorable moves in rates and credit spreads, not retained earnings.
December 10 -
Business activity in the banking sector accelerated slightly in October, rising for the fifth straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.
December 10 -
The $1.2 billion-asset First Business said Monday that it sold 1.1 million shares of common stock at a price of $23 a share. First Business said recently that it would use proceeds from the sale to redeem some of its subordinated debt and to fund growth.
December 10 -
The $1.75 billion-asset company disclosed late last week that its purchase agreements with ValStone Partners, a private-equity firm in Michigan, had been terminated. Calls to Capitol (CBCRQ) and ValStone were not immediately returned.
December 10 -
Bob Kottler, an executive at Iberiabank, hopes the Consumer Bankers Association can help shape the agency’s rulemaking process in 2013.
December 10 -
In the first of the FDIC's 39 suits against bank executives, it has won a jury verdict declaring three former IndyMac executives breached their fiduciary duties by lending recklessly to home builders during the housing boom.
December 10 -
The Senate is scheduled to vote Tuesday on a bill that would extend a crisis-era program that guarantees certain business accounts.
December 10 -
Todd Park is hardly a civil service Yes man. He's a presidential scholar with a Harvard degree and two successful start-ups under his belt.
December 10 -
The money a household has to deposit into a bank account would decrease by an average of almost 55% if U.S. tax cuts are allowed to expire, an analysis from Market Rates Insight found.
December 10 -
HSBC (HBC) is overhauling its unit that oversees compliance with laws designed to deter financial crime, and putting a former Treasury Department official in charge of it.
December 10 -
Congressional approval for a two-year extension would, among other things, prevent more uncertainty, minimize deposit concentration and maximize financial stability.
December 10



