Consumer banking

Banking pro athletes: lucrative ... but complicated

02/08/17

Sports stars face unique challenges obtaining credit, and bankers need to develop certain skills to court those prospects successfully.

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Wells Fargo's costs mount in wake of sales scandal

02/08/17

CFO John Shrewberry projects that legal costs and other expenses related to the scandal will swell to between $50 million and $60 million and remain at that level for the next several quarters.

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William Cooper, retail banking innovator, dies at 73

02/08/17

Cooper built TCF into a Midwestern powerhouse by targeting what he called the “Joe Lunch-Bucket crowd.”

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B of A to open as many as 60 branches in fast-growing cities

02/07/17

The company will continue its push into affluent markets as it continues to scale back its branch count elsewhere.

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Regional bankers manage expectations on lending

02/07/17

Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.

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Using advanced analytics to manage risk and profitability for consumer loan pricing

02/07/17

Banks continue to look for ways to grow their consumer loans portfolios.

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Trump's anti-Mexico policies threaten Citibanamex, revive divestiture talk

02/03/17

The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.

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Green Dot to buy RushCard parent for $167 million

01/30/17

The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.

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Refi boom is over, but home equity demand could pick up slack

01/30/17

With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes' equity to fund long-delayed home-improvement projects.

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Citigroup to exit mortgage servicing, sell $97B portfolio

01/30/17

Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.

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