Consumer lending

Consumer, commercial loan growth drive Capital One's 4Q profits

01/22/19

The McLean, Va., company also reported a decline in charge-offs on credit card loans.

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Shutdown boosts payday lenders; CEO pay growth far outpaces rank-and-file

01/22/19

Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.

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Lower expenses, C&I growth drive Regions' 4Q profits

01/18/19

Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income.

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JPM merging payments units; Brit banks worried about consumer lending

01/18/19

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

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CFPB's Kraninger asks for 'clear authority' over military lending exams

01/17/19

The director of the Consumer Financial Protection Bureau has asked Congress to clarify its ability to conduct exams that ensure compliance with the Military Lending Act.

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M&T expects C&I lending to drive growth in 2019

01/17/19

Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.

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Can Wells Fargo grow while under Fed's thumb?

01/15/19

Now that Wells must abide by the central bank's asset cap through year-end, it may have to divest more nonessential assets and take other steps to open up room for core loan growth.

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Is Jamie Dimon warning of a downturn?

01/15/19

Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking.

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Heartland in Iowa sells two consumer finance businesses

01/14/19

Heartland said the sales will allow it to focus on other operations.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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