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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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 -
Comerica is generating enough loan growth in its key markets that it is under no pressure to expand through acquisitions, Chairman and Chief Executive Ralph Babb says.
By Alan KlineApril 16 -
Community banks have upped their lending to first-time home buyers and more and more are making mortgage loans on their own without the help of wholesalers, according to the American Bankers Association.
By Alan KlineApril 11 -
Most homebuyers are happy with their lenders but many others feel that they have been left in the dark during the homebuying process, according to a new survey.
By Alan KlineApril 3 -
State banking regulators are asking the Consumer Financial Protection Bureau to be flexible in its definition of a "rural" market when determining when a community bank is eligible to make a balloon loan.
By Alan KlineApril 2 -
Women business owners have more trouble obtaining loans than do their male counterparts because they tend to operate businesses with lower profit margins, according to a report released Wednesday.
By Alan KlineMarch 27 -
Interest in SBA lending has picked up as the agency works to attract more lenders and borrowers by streamlining its programs.
By Alan KlineMarch 26 -
U.S. companies are growing more cautious about tapping available credit lines even as large lenders up their credit limits.
By Alan KlineMarch 11 -
There's still a wide disparity between what buyers are willing to pay and what sellers are willing to accept, and the U.S. Bancorp CEO does not see that gap closing any time soon.
By Alan KlineMarch 5 -
Lenders are lowering rates and stretching out loan terms to win business, and that combination could spell trouble when interest rates rise.
By Alan KlineFebruary 28 -
Organic loan growth and expense control are the top priorities at F.N.B. and People's United, but their CEOs also eager to accelerate expansion in markets where they are relative newcomers.
By Alan KlineFebruary 27

