Consumer lending

The U.S. subsidiary of the Spanish banking giant BBVA said Friday that direct consumer loans increased 40% in the first quarter and that its digital strategy is bearing fruit.

Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators.

Sen. Elizabeth Warren, D-Mass., is asking the CFPB’s top ethics official if the agency has taken steps to ensure its acting director, Mick Mulvaney, is excluded from matters involving banks and other firms that contributed to his campaign when he was a congressman.

The credit card lender reported a decline in pretax earnings, but a sharply reduced tax bill led to a 17% profit gain.

Whether you like the idea or hate it, expect to hear a lot more about postal banking over the next two and a half years.

The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington.

Record originations on "better-yielding" used-car loans helped drive a 14% increase in its first-quarter profit. But Ally's shares were down Thursday on concerns of rising deposit costs.

The firm reported that its new credit union clients — representing an aggregate of more than 450,000 members — signed on for GrooveCar's online vehicle-buying program.

Bank’s net income plunges, will focus on Europe growth; FTC says the company charged hidden fees.

The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.

The New York senator offers legislation to empower U.S. post offices to take deposits and make loans.

If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.

Acting Consumer Financial Protection Bureau Director Mick Mulvaney announced a trio of significant changes to the CFPB.

No individuals have been named in connection with the bank’s recent misdeeds, which resulted in a $1 billion fine, even as some senior leaders stand to gain from the government’s tax cut.

Double-digit consumer-loan growth more than offset a decline in commercial real estate loan balances.

The move toward more asset-based finance shows how CEO Craig Dahl, in his second year at the helm, is reshaping the Minnesota company after its surprise exit from auto lending last year.

The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau.

The issues at Wells Fargo extend beyond the fines; Ally Financial's auto finance chief departs; ICBA chief Cam Fine signs off; and more from this week's most-read stories.

After nearly two years of sputtering commercial loan growth, regional bankers are counting heavily on expanding their portfolios of personal loans and other types of consumer credit.

If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.