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Kristin Broughton

Recent Stories from This Author

Energy Crisis Triggering Brownout in Shared National Credits
June 30, 2016 After years of bulking up on shared national credits, a number of regional banks are cutting back because of the heartburn...

The Bad News for Banks in the Card Settlement Reversal
June 30, 2016 The decision by a federal appeals court to toss out a blockbuster settlement between retailers and the card networks could...

B of A Names Former DirecTV Exec to Its Board
June 23, 2016 The Charlotte, N.C., company on Thursday appointed Michael White, former chairman and chief executive at DirecTV, effective...

Regions Taps Veteran Bill Horton to Lead Restructured Commercial Unit
June 22, 2016 Regions Financial in Birmingham has restructured its small and middle-market banking business, and tapped Bill Horton – a...

Brexit Upshot: U.S. Banks Have Become Pros at Planning for the Worst
June 21, 2016 Resolution plans put in place following the financial crisis have made big banks expert at contingency planning. Nonetheless,...

Picking the Brain of Wells Fargo's (Likely) Next CEO
June 16, 2016 Tim Sloan, president and COO at Wells Fargo, is widely viewed as next in line to take over as CEO of the bank. He discussed...

Another Executive Change at Activist-Pressured Comerica
June 14, 2016 Comerica in Dallas said Tuesday that the head of its business bank is stepping down. J. Patrick Faubion will retire from the...

Expand Investment Banking? It's Complicated, Wells Says
June 14, 2016 Wells Fargo, widely regarded as the industry's least complex megabank, has recently made big moves into the volatile world of...

U.S. Bancorp's Davis Predicts 'Neutral' 2Q Results
June 14, 2016 Chief Executive Richard Davis said Tuesday that he expects a “neutral outcome” in the second quarter, as low interest rates...

U.S. Bancorp Names New CFO in Executive Shuffle
June 13, 2016 U.S. Bancorp in Minneapolis said Terry Dolan will become its chief financial officer on Aug. 1. Dolan currently serves as vice...

Why More Regional Banks Want to Syndicate Tax Credits
June 9, 2016 An executive from Regions Financial said recently that his bank plans to pad fee income by expanding into syndication of...

Bank Honchos Clash Over the Future of the Branch
June 2, 2016 The CEOs of banks that operate only online argued Thursday that their model is the way of the future. Not so fast, responded...

Warnings of Credit Slippage from Big-Bank Chiefs
June 2, 2016 Credit quality has improved across the industry over the past few years, but don't expect that trend to continue because of...

Caution Prevails as Bankers Discuss 2Q Loan Growth
June 1, 2016 A number of executives are warning that midsize borrowers are hoarding cash rather than borrowing, reflecting increased...

Real Breach in Swift Heists May Be Banks' Complacency
June 1, 2016 The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have...

Comerica Projects Healthy 2Q Loan Growth on Rising Real Estate Activity
May 31, 2016 Activist-pressured Comerica disclosed some long-awaited, positive news, reporting an uptick in average loan balances so far in...

Latest Investor Gripe? Lack of Annual Meeting Webcasts
May 27, 2016 While many of the nation's biggest banks provide live streams of their shareholders meetings, many midsize institutions do...

Can the Underbanked Solve Banking's Branch Problem?
May 25, 2016 TCF Financial in Minnesota has launched a set of products targeting low-income customers. The company, which has closed a...

Are CEOs Paid to Keep Their Banks Too Big?
May 20, 2016 The heads of megabanks get paid a lot. Some investors want them to streamline their companies for greater returns. But it's...

How to Keep Growing When Your Fee Model Suffers
May 19, 2016 UMB Financial took its lumps last year when its funds management business suffered from large outflows. The challenge prompted...

FICO on Why Its Scores Are Still Relevant
Marketplace lenders have been declaring "FICO-free Zones" and playing down the need for the longstanding measure of creditworthiness. FICO CEO Will Lansing explains how the company's score is evolving and why he believes FICO remains the best (not necessarily the only) way to determine ability to repay a loan.
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