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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BB&T is raising its profile in the Atlanta area by attaching its brand to automated teller machines in Rite Aid stores across the metropolitan area.
By Alan KlineJuly 30 -
Banks add expertise, services for trade finance boom.
By Alan KlineJuly 29 -
The outspoken CEO has nothing but praise for the Basel Committee and says bankers have little to fear from the CFPB.
By Alan KlineJuly 23 -
People's United Financial (PBCT) in Bridgeport, Conn., reported a profit of $62.1 million in the quarter that ended June 30, down 3.8% from the same period last year, but up 18.2% from three months earlier.
By Alan KlineJuly 18 -
Fifth Third, Huntington and KeyCorp all meet or beat earnings estimates, but in conference calls with analysts Thursday their executives were cautious about their growth prospects for the second half of the year.
July 18 -
M&T, in Buffalo, N.Y., is still comfortable with its decision to acquire the mortgage lender even though a recent rise in mortgage rates could crimp Hudson City's profits.
By Alan Kline and Chris CummingJuly 17 -
Competition for large corporate loans is as intense as ever and, until it eases, the Dallas bank is content to let its middle-market lending drive profits.
By Alan KlineJuly 16 -
Receiving Wide Coverage ...Eye on Auditors: You know it's a slow day in the U.S. banking world when the only story that qualifies as "receiving wide coverage" is about proposed legislation that would prevent the Public Company Accounting Oversight Board from forcing companies to periodically rotate their auditors. Late Monday, the House overwhelmingly approved a bill that would block the PCAOB from requiring companies to change auditors an idea that was first proposed by the agency's chairman, James Doty, in 2011. The House vote is a victory for public companies, which have long argued that mandatory auditor rotation would not improve quality because it takes years for auditors to fully understand the companies they cover. The bill's sponsors said the legislation was meant to send a message to European regulators, who are considering auditor term limits. Wall Street Journal, Financial Times
By Alan KlineJuly 9 -
Many small and midsize firms consider overseas sales as crucial to sustained growth, and banks are responding by beefing up their trade-finance units.
By Alan KlineJuly 5 -
Northeast Bancorp (NBN) in Lewiston, Maine, can now make owner-occupied commercial real estate loans without fear of exceeding a cap on such loans imposed by regulators.
By Alan KlineJuly 2 -
Hanmi announced late Tuesday that Chong Guk Kum would replace Jay S. Yoo as president of the holding company and its $2.8 billion-asset bank.
By Alan KlineJune 11 -
Even if Congress passes a comprehensive reform bill, many immigrants eligible for citizenship may never apply because they can't afford the application and legal fees. Banks should loan them the money, activists say.
By Alan KlineJune 4 -
Karen Mills, the outgoing head of the Small Business Administration, gets high marks from bankers for cutting red tape, revamping little-used programs, improving outreach, and, most important, convincing lawmakers to raise caps so that banks could make larger loans.
By Alan KlineJune 1 -
Wells Fargo CEO John Stumpf said that he believes the government-sponsored enterprises need to be retained in some form because the guarantee they provide is important to investors.
By Alan KlineMay 22 -
Strong demand for new cars has boosted consumer borrowing to its highest level since 2008, according to a new report from Equifax.
By Alan KlineMay 20 -
Shares of Bank of America (BAC) and Wells Fargo (WFC) have been on a roll in recent days and the New York attorney general's pledge Monday to sue the banking giants did nothing to slow their momentum.
By Alan KlineMay 7 -
Performance shares have become a larger part of bank pay packages in the wake of the financial crisis. Behind the trend are shareholders — and regulators — demanding greater accountability.
By Alan KlineApril 30 -
Banking, mortgage rules on the agenda at statehouses around the country.
By Alan KlineApril 29 -
Associated Banc-Corp of Green Bay, Wis., has made significant strides in its bid to become more efficient, but CEO Philip Flynn admits it has much more work to do.
By Alan KlineApril 19 -
Huntington has enjoyed undeniable success in attracting new customers, but a big question for investors is when that growth in new households will translate into meaningful revenue growth.
By Alan KlineApril 17


