Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
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Automated teller machines have come a long way since Barclays rolled out the world's first ATM at a branch in north London 50 years ago. Here's a look at some of the milestone moments and key innovations in ATM technology over the past five decades.
By Kevin WackMay 23 -
The good news: SBA lending is going gangbusters and business owners are optimistic about growth prospects and their ability to access credit. The not-so-good news: Many firms are still not particularly interested in borrowing and startups are not the engines of job creation they once were.
By Alan KlineMay 11 -
The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive.
May 9 -
President and COO Ignacio Alvarez will replace Richard Carrion as CEO on July 1.
By Alan KlineApril 25 -
Double-digit gains in assets under management and administration and higher interest rates more than offset rising expenses.
By Alan KlineApril 25 -
Income volatility is a persistent problem for millions of U.S. households. Banks and fintech companies are trying to help consumers cope — but the industry can do more.
By Alan KlineApril 24 -
Working primarily with community banks, Promontory Local Credit will provide second-lien loans to small firms, potentially increasing their available credit by 50%.
By Alan KlineApril 21 -
The Columbus, Ga., company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One.
By Alan KlineApril 18 -
Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.
By Alan KlineApril 13 -
Creative growth strategies are helping banks with $10B to $50B of assets — including Webster and TCF — improve profitability. These ‘tweeners’ deal with tougher regulations than smaller competitors without the scale larger ones have to absorb the expense.
By Alan KlineMarch 27