= Subscriber content; or subscribe now to access all American Banker content.

Kate Berry

Kate Berry is American Banker's consumer finance reporter. She has been a reporter at the Orange County Register, the Associated Press and Dow Jones Newswires. She began her media career as a clerk at the New York Times.

Recent Stories from This Author

CFPB Fines Auto Title Firm $9M for Unfair Debt Collection
September 26, 2016 The Consumer Financial Protection Bureau on Monday fined a large auto title lender $9 million for failing to disclose the...

CFPB Files Lawsuit Against California Credit Repair Firm
September 23, 2016 The Consumer Financial Protection Bureau filed a lawsuit this week against a Van Nuys, Calif., credit repair company for...

How Wells Fargo Mishandled a Reputational Crisis
September 22, 2016 Despite several attempts over the past two weeks, Wells Fargo has been unable to quell the furor surrounding revelations that...

Phony Accounts Go Beyond Wells Fargo, Policymakers Fear
September 20, 2016 Policymakers repeatedly said during a Senate Banking hearing Tuesday that Wells' mistakes couldn't be blamed — as the company...

Clinton Calls Wells Fargo Conduct 'Outrageous,' Vows to Protect CFPB
September 20, 2016 Democratic presidential candidate Hillary Clinton released an open letter to Wells Fargo customers Tuesday in which she called...

'You Should Resign': Stumpf's Rough Day on Capitol Hill
September 20, 2016 Wells Fargo Chief Executive John Stumpf was relentlessly questioned by lawmakers for nearly three hours Tuesday about what he...

Push to Boost Pay in Branches Gets Help from Wells Scandal
September 19, 2016 A union-led coalition is seizing the opportunity presented by the firing of 5,300 workers at Wells Fargo to call for higher...

Stumpf in the Hot Seat: Four Things to Watch for in D.C. Hearing
September 19, 2016 All eyes will be on Well Fargo Chief Executive John Stumpf on Tuesday as he fights to defend himself before a Senate Banking...

Wells Fargo Is Test Case for DOJ Actions Against Individuals
September 15, 2016 Still smarting from criticism after it failed to prosecute any high-level executives following the financial crisis, Justice...

Can Wells' Stumpf Survive Storm Over Phony Accounts?
September 14, 2016 John Stumpf was coasting toward a carefully planned retirement. But the outcry over sham accounts at the San Francisco bank...

After Wells Ditches Incentive Comp, Will Other Banks Follow?
September 13, 2016 Under pressure from regulators and investors, banks that tout their sales cultures may have no choice but to follow Wells'...

Wells Fargo Case Throws Harsh Spotlight on 'Managing to Metrics'
September 12, 2016 Regulators, analysts and investors are likely to take a thorough look at other banks' cross-selling tactics following Wells'...

Why Aren't Exec Heads Rolling at Wells Fargo?
September 9, 2016 It’s become an all-too-familiar story – a big bank is caught doing something bad, it pays a fine, some lower-level employees...

CFPB Court Victory Creates Uncertainty for Marketplace Lenders
September 9, 2016 Marketplace lenders that have partnered with banks face more scrutiny after a federal judge in California handed a legal...

Wells Fargo to Pay $187.5M for Wrongfully Opening Customer Accounts
September 8, 2016 Wells Fargo has agreed to pay $187.5 million to settle claims by federal regulators that the megabank wrongfully opened...

Culture, Incentives at Wells Fargo in Question After $190M Settlement
September 8, 2016 Wells Fargo’s reputation as a consumer-friendly bank suffered a significant blow Thursday after it agreed to pay $190 million...

CFPB Wins Court Case Against CashCall's 'Tribal Model'
September 1, 2016 A federal district court handed the Consumer Financial Protection Bureau a major victory this week by ruling that the online...

CFPB Fines First National Bank of Omaha for Add-On Products
August 25, 2016 Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank...

Industry to CFPB: Start Over on Arbitration Plan
August 25, 2016 The U.S. Chamber of Commerce and 28 other business groups urged the Consumer Financial Protection Bureau to withdraw its...

How Credit Unions Learned to Love Arbitration Clauses
August 24, 2016 Until recently, credit unions rarely used arbitration clauses, and were praised by consumer advocates for pro-customer...

Will Tech Advances Hurt the Underbanked?
It's long been assumed that technology will help the financially underserved access the banking services they need. Christine Duhaime, founder of the Digital Financial Institute, a fintech think-tank, says this assumption is wrong.
ALL PODCASTS »