Wells Fargo

• Banks Renew Lures for Small Businesses

  By Michelle A. Samaad  |  May 8, 2013

  If it’s all about location, location, location when opening a business, credit unions may want to pay attention to several cities in Florida, California and Texas.

• New York AG Threatens Mortgage Servicing Suits Against BofA, Wells Fargo

  By Heather Anderson  |  May 6, 2013

  Complaint includes accusations that homeowners could lose homes because loan mods sat unprocessed on big bank desks.

• 

  Mobility Matters: Behemoth Face Off Over Real-Time P2P

  By Robert McGarvey  |  April 18, 2013

  Fiserv, FIS pushing to make person-to-person an instant affair, which may be the key to real adoption.

• SEC Enforcement Action Penalties: $1.5 Billion and Counting

  By Michelle A. Samaad  |  April 9, 2013

  Agency posts list of actions against securities firms since financial crisis began.

• Big Banks to Pay Out to 4.2 Million Mortgage Servicer Victims

  By Heather Anderson  |  April 9, 2013

  Checks to range from $300 to $125,000 as result of enforcement actions against 13 servicers, including the nation's largest banks.

• Bluebird Gains FDIC Insurance

  By David Morrison  |  April 3, 2013

  Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.

• Payday Lending Vilified Again

  By David Morrison  |  March 27, 2013

  A new report from the Center for Responsible Lending has documented that payday lending at six large banks is continuing, and the reported alleged it is damaging consumers financially.

• Ken Burns Exit From Patelco Called ‘Amicable’

  By Heather Anderson  |  March 27, 2013

  In an “amicable” decision made between Patelco President/CEO Ken Burns and the $3.9 billion credit union’s board, Burns will resign effective sometime this summer.

• Center for Responsible Lending Report Attacks Bank Payday Lending

  By David Morrison  |  March 21, 2013

  Six banks named in report, charging abuse through high interest rates, other practices, and calling for program shutdowns.

• 

  CEO Ken Burns Out at Patelco Credit Union

  By Heather Anderson  |  March 18, 2013

  Board chairman confirms exit of CEO of four years at $3.9 billion California credit union.