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Alan Kline

Editor

Recent Stories from This Author

Energy Concerns Take a Back Seat — For Now
July 19, 2016 Panic around energy lending has subsided somewhat as oil prices have climbed and banks have reduced their overall exposure....

Comerica's Profits Fall on Restructuring Costs
July 19, 2016 Comerica reported improvement in its energy-loan portfolio in the second quarter but charges related to a broad corporate...

Green Dot Taps Payments Vet to Replace Streit as Chairman
June 27, 2016 Embattled prepaid card issuer Green Dot has officially split the roles of chairman and chief executive by naming a longtime...

Reputation Reboot: How Synovus Got Its Good Name Back
June 27, 2016 Synovus Financial struggled along with its customers during the financial crisis. Now that it's healthy again, it credits the...

Lending Club Says It Overstated Loan Sales Figures
June 10, 2016 Lending Club has revised its loan sales data for the last week of May after discovering that the numbers included loans that...

Why Midsize Banks Rule Right Now
May 26, 2016 Large enough to meet the needs of most customers yet small enough to escape some of the Dodd-Frank Act's most onerous...

End of an Era: TD Bank Retires Coin-Counting Machines
May 19, 2016 TD Bank announced Thursday that it is doing away with the Penny Arcade coin-counting machines that are stationed in more than...

EverBank's Profit Doubles; Loan Growth Offsets Fee Drop
April 27, 2016 EverBank Financial’s first-quarter profits more than doubled from the same period last year as strong loan growth more than...

Millennials Drive Deposit Growth at Ally Bank
April 26, 2016 Ally Financial reported strong loan and deposit growth in the first quarter, but a shift in the makeup of its automobile loan...

Opus Bank's 1Q Profit Surges on Strong Loan Demand
April 25, 2016 Opus Bank in Irvine, Calif., reported a profit of $17.1 million in the first quarter, up 56% from a year earlier, as strong...

Reinvention Gets Real Results at These Three Banks
April 25, 2016 Paragon Commercial Bank, Unity Bancorp and Nicolet Bankshares have found success by radically rethinking their strategies.

Citizens' 1Q Profits Up 7% on Commercial Loan Growth
April 21, 2016 Citizens Financial Group in Providence, R.I., said Thursday that its first-quarter earnings increased 7% from the same period...

Signature in N.Y. Posts Record Profit on Strong Asset Growth
April 20, 2016 Signature Bank in New York reported record profits in the first quarter as strong loan, asset and deposit growth more than...

Signs of a Cooling Multifamily Market from N.Y. Lenders
April 20, 2016 Competitive pricing and softening demand at the high end of the apartment- and condo-building market had executives at...

'Everything on Table' at Struggling Comerica — Even a Sale?
April 19, 2016 After another disappointing quarter, Comerica is promising big changes in its ongoing quest to improve returns to...

Comerica's Profits Plunge 55% as Energy Woes Mount
April 19, 2016 Comerica reported a steep decline in first-quarter profits as weak energy prices forced the Dallas company to sharply boost...

Embrace of Alternative Lenders Pays Off for Regions
April 15, 2016 A partnership with a firm that makes consumer loans through Home Depot stores is exceeding all expectations at Regions...

Regions’ 1Q Results: Revenue Growth Offsets Energy Weakness
April 15, 2016 Regions Financial in Birmingham, Ala., posted a double-digit gain in its first-quarter profit as strong revenue growth more...

No End in Sight to Banks' Energy Woes
April 14, 2016 Bank earnings season is just getting underway, but a consistent theme around energy lending is already emerging — credit...

PNC's Profits Fall on Higher Reserves for Energy Loans
April 14, 2016 Weakness in the energy sector is weighing on PNC Financial Services Group's profits. The Pittsburgh company said early...

'Capital Doesn't Matter. Confidence Is What Matters'
Christopher Whalen, senior managing director and head of research at Kroll Bond Rating Agency, discusses the sorry state of European banks, the missteps by European Union regulators and the potential ramifications for financial institutions in the U.S.
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