| Sep 17, 2014
| 1:08 PM
Shareholders of TF Financial Corp. voted Wednesday to approve the holding company's acquisition by National Penn Bancshares of Allentown.
TF Financial, based in Newtown, Bucks County, owns 3rd Fed Bank, which has $692 million in deposits and 18 full-...
| Sep 17, 2014
| 1:20 AM
Sept 17 (Reuters) - The U.S. Federal Reserve has asked Credit Suisse CSGN.VX to address problems relating to the bank's underwriting and sale of leveraged loans, the Wall Street Journal reported, citing a source familiar with the matter.
The use of these...
| Sep 8, 2014
| 1:43 PM
The biggest bank based in the Lehigh Valley appears to be getting ready to get a little bigger.
National Penn Bancshares of Allentown, National Penn Bank's parent, will raise $100 million through the issuance of unsecured, fix-rate senior notes due in...
| Sep 2, 2014
| 10:06 PM
WASHINGTON (Reuters) - U.S. bank regulators plan to adopt on Wednesday rules forcing big banks to hold more assets that they could sell easily in a credit crunch, a requirement that is closely linked to the experience of the 2007-2009 financial crisis....
| Mar 22, 2014
| 6:19 PM
In front of news cameras, federal authorities have talked tough about combating mortgage fraud.
But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
| Apr 7, 2014
| 5:58 PM
Microsoft Corp. is finally pulling the plug on a piece of technology that has refused to go away.
On Tuesday, the software giant will stop supporting Windows XP, the still ubiquitous computer operating system that's been around for almost 13 years, an...
| Jun 4, 2014
| 11:32 AM
Three of the nation's financial regulators on Wednesday launched a broad effort to identify rules that are unnecessary or too burdensome for banks.
Under a 1996 law, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the...
| Jun 4, 2014
| 8:14 PM
| Jan 30, 2014
| 9:43 AM
Fixed mortgage rates fell for the fourth week in a row following the release of weaker housing data, according to Freddie Mac, which said lenders were offering 30-year fixed home loans to solid borrowers this week at an average of 4.32%.
The Freddie Mac...
| Feb 12, 2014
| 8:27 AM
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions.
Sen. Elizabeth Warren of Massachusetts and Rep....
| Jan 14, 2014
| 7:11 AM
WASHINGTON -- The $1-trillion federal spending bill unveiled by congressional negotiators significantly reduces White House requests for funding of two key Wall Street watchdogs.
The Securities and Exchange Commission would get $1.35 billion for the...
| Oct 1, 2013
| 7:32 AM
WASHINGTON -- Although the federal government began a partial shutdown Tuesday, most financial regulators remained on the job because their agencies are funded outside the congressional appropriations process.
But the effects of the shutdown still...