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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Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.
January 28 -
Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."
January 27 -
The surge in new lending at the Pasadena, Calif., company offset rising deposit costs and sluggish fee-income growth.
January 24 -
Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company.
January 23 -
Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income.
January 18 -
The New York company added eight new client teams in 2018 and established a new division that caters to private equity firms on both coasts.
January 17 -
The Dallas company beat earnings estimates even as it reported declines in deposits, total loans and fee income.
January 16 -
CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.
January 8 -
LendStreet is looking to break the circle of debt that often arises when struggling borrowers try to consolidate what they owe.
January 3 -
Bank portfolios are chock full of loans to industries — think agriculture, tourism, real estate and energy — that could be particularly hard hit by warming temperatures. Some large banks are engaging in "scenario analysis" to mitigate the risk.
January 2
