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Demand for bank stocks is up this year, but Wall Street is showing reluctance to fund a certain kind of lender: Community banks with dim prospects for making acquisitions.

Breaking News

Community Banking

Image: Bloomberg News
Possible violations of state and federal laws could jeopardize Costco's mortgage partnership program with several small banks. Some lawyers believe Costco should become a registered mortgage broker to comply.

Regulation & Reform

Rep. Spencer Bachus (Image: Bloomberg News)
"Unless the facts are diametrically different from what we've heard, there is no risk from this [$2 billion] loss to depositors or to taxpayers," Rep. Spencer Bachus said. "They remain a very profitable, viable institution."

National

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Still unable to wire their money to family back home, many Somali-Americans in Minnesota recently lined up to withdraw their deposits from U.S. Bancorp and Wells Fargo or have vowed to do so soon.

Regulation & Reform

Comptroller Thomas Curry (Image: Bloomberg News)
Operational risk has replaced credit risk as the major safety and soundness challenge for national banks, Comptroller Thomas Curry said at a speech in Washington on Wednesday.
Image: Bloomberg News
On YouTube, puppet shows are fine for consumers, but to appeal to businesses many banks are taking a more serious tone — and putting their own clients in the spotlight.

Risk Management

On the whole, large banks appear to have primed their books for a rebound in rates: levels of short-term assets relative to short-term liabilities are now higher than they have been during roughly the past decade.

Regulation & Reform

Sen. Bob Corker (Image: Bloomberg News)
Sen. Bob Corker acknowledged in an interview that he is delaying the bill, saying that he wants a larger package of technical changes to Dodd-Frank.

Consumer Finance

Brendan Coughlin, RBS Citizens' president of education finance
RBS Citizens Financial Group is expanding its private student loans business across the contiguous United States, the company announced on Tuesday.

Consumer Finance

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Banks are facing a Wild West atmosphere as they invest in a patchwork of new payments technologies, from prepaid cards to mobile payments, without any guarantees that they will pick the right one.

Bank Technology News

From social media analytics to cloud computing to context-aware computing to novel means of building applications, this year's financial services innovators are pushing the envelope.

American Banker Magazine

Consumer Financial Protection Bureau director Richard Cordray discusses nonbank supervision, fair lending enforcement, and how the CFPB can settle into its role while being a political hot potato.

Multimedia

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Mobile Banker

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