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Alan Kline

Editor

Recent Stories from This Author

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...

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...

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...

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...

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...

'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...

Online Lender Affirm Adds Another $100M in Capital
April 13, 2016 Affirm, a three-year-old online lender that finances consumer purchases at the point of sale, has raised a $100 million in...

Financial Literacy as Moneymaker? It Is for This Bank
March 30, 2016 HarborOne Bank is proving that financial education really can improve the bottom line.

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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