2020-03-10
Investors worry the drop in crude prices could spark a rash of defaults; the bank denies it opened accounts without customer permission to meet sales quotas.
Read More from: BankThink
2020-03-09
The Consumer Financial Protection Bureau says the Cincinnati bank engaged in aggressive sales practices and open bank and credit card accounts without consumers' authorization in order to meet sales targets.
Read More from: BankThink
2020-03-09
First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals.
Read More from: BankThink
2020-03-09
Concerns about the economic fallout of coronavirus have mostly focused on supply chain disruptions. But fears are growing that weakening consumer demand could spark a recession.
Read More from: BankThink
2020-03-09
State and federal officials committed to providing “appropriate regulatory assistance” to banks whose customers may be hurt by the coronavirus outbreak and said prudent measures would not be subject to criticism by examiners.
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2020-03-09
Brendan Coughlin, head of consumer banking, explains how Citizens established its relationships with Apple and Microsoft for point of sale financing and how they've evolved.
Read More from: BankThink
2020-03-09
Sen. Mark Warner led a group of Democratic senators in calling on bank, credit union and GSE regulators to give detailed instructions on helping consumer and commercial borrowers hurt by the COVID-19 outbreak.
Read More from: BankThink
2020-03-09
The employee, who works on the 23rd floor of the bank's 555 California St. offices in San Francisco, "is at home while their health is being closely monitored by their doctor and public health authorities," a spokeswoman for the bank said.
Read More from: BankThink
2020-03-09
The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla.
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2020-03-09
The House Financial Services Committee is still planning to have former Wells Fargo board members Betsy Duke and James Quigley testify after they announced their resignations.
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2020-03-09
The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.
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2020-03-09
How to Undo a Tax Sale of Your Home in Philadelphia
Read More from: The law offices of David M. Offen
2020-03-09
The network offering an array of vendor services to member banks named former trade group chiefs Camden Fine and Ed Yingling to its board and has hired former American Banker Editor-in-Chief Rob Blackwell as chief content officer and head of exter
Read More from: BankThink
2020-03-09
One of the duties of the US Trustee is to review cases for abuse, including seeking dismissal if a chapter 7 case should have been filed under chapter 13. Their primary tools for this is 11 U.S.C.
Read More from: Tampa Bankruptcy
2020-03-09
The bank's board chair and fellow director James Quigley abruptly resigned early Monday. Both are scheduled to appear before the House Financial Services Committee this week.
Read More from: BankThink
2020-03-09
Maybe Congress shouldn’t be so quick to change laws without real-world input.
Read More from: BankThink