Consumer banking

'Banks controlled by politicians. What could go wrong?': Comments of the week

11/21/18

Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more.

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Regional banks are spending heavily on tech. Is it enough?

11/20/18

Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to?

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CFPB fines Santander Consumer for auto add-on product

11/20/18

The agency alleges the subprime auto lender violated consumer finance laws by misrepresenting the level of guaranteed insurance protection.

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M&T names former Humana, Target exec to lead retail bank

11/20/18

Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries.

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Union, First Interstate, Simmons First: Fall's biggest M&A deals

11/18/18

The past month was a busy one for community banks with expansion on the agenda and millions to spend.

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'The freaks are coming out of the woodwork': Comments of the week

11/15/18

Readers respond to the burgeoning debate over brokered deposits, consider the Democratic presidential hopefuls for 2020, weigh the Consumer Financial Protection Bureau's latest regulatory efforts and more.

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Citi faces revenue hit if Mexico eliminates ATM fees

11/09/18

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.

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A cautionary tale on brokered deposits

11/09/18

As the FDIC considers reforms to its brokered deposit rules, the agency should recall the problems these funds caused in the lead up to the S&L crisis, argues former Chairman William Isaac.

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Los Angeles voters reject public bank

11/07/18

Banking industry groups said they were vindicated by the defeat of the ballot measure, but public banking advocates plan to keep pushing the idea.

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Banks peppered with questions on credit, interchange as card wars intensify

11/06/18

JPMorgan Chase and Wells Fargo detailed aggressive marketing plans, defended their credit judgments and downplayed the threat of a retailer revolt over high fees on rewards cards.

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