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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The American Bankers Association and its insurance subsidiary are urging lawmakers to immediately reauthorize the National Flood Insurance Program, arguing that a failure to do so would only place further stress on the nation's housing sector.
By Alan KlineMay 9 -
PacWest Bancorp (PACW) in Los Angeles is dead serious about expanding its California footprint through acquisitions.
By Alan KlineMay 9 -
Webster Financial (WBS) in Waterbury, Conn., has established a new Treasury Services division and brought in former SunTrust Banks (STT) executive Philip C. Picillo to run it.
By Alan KlineMay 8 -
Fifth Third Bancorp (FITB) is streamlining its number of checking and savings products in an effort to win a larger share of customers' wallets.
By Alan KlineMay 8 -
The pace of small-business lending slowed in April as demand from borrowers weakened and lenders of all sizes approved fewer loans.
By Alan KlineMay 8 -
Two Maryland banking companies that announced plans to merge last month need a little more time to work out the specifics of their deal.
By Alan KlineMay 8 -
Top executives at Bank Mutual (BKMU) in Milwaukee told investors Monday that the company is eyeing acquisitions of banks and other financial services firms in its quest to become a “much larger company” in the next few years.
By Alan KlineMay 7 -
Old Line Bancshares (OLBK) in Bowie, Md., said Monday that its first-quarter earnings climbed 236% from the same period last year, to $1.8 million, thanks largely to an acquisition last year that roughly doubled its size.
By Alan KlineMay 7 -
Members of HarborOne Credit Union in Brockton, Mass., would not be better served by the credit union's plan to convert to a savings bank, according the nation's top credit union regulator.
By Alan KlineMay 7 -
Suffolk Bancorp (SUBK) swung to a profit in the first quarter as the Riverhead, N.Y., company continued to shed the problem assets that dogged it for much of 2011.
By Alan KlineMay 4 -
Ailing Liberty Bank in West Des Moines, Iowa, is selling three more of its branches in its home state as part of an ongoing quest to trim overhead and bolster its capital levels.
By Alan KlineMay 4 -
Coming off a strong first quarter in which its profits more than tripled from the same period last year, Western Alliance Bancorp (WAL) in Phoenix may be looking to build up its war chest to keep the momentum going.
By Alan KlineMay 4 -
Five months after terminating its planned merger with one suburban Washington, D.C., bank, Alliance Bancshares in Chantilly, Va., has struck a deal to team up with another.
By Alan KlineMay 4 -
Coastal Banking Company in Beaufort, S.C., has become the latest community bank to take advantage of a new law that relieves small banks from the burden of filing financial reports with the Securities and Exchange Commission.
By Alan KlineMay 3 -
CenterState Banks (CSFL) in Davenport, Fla., is planning to merge its two subsidiary banks into a single bank as part of its ongoing effort to trim overhead and improve efficiency following its recent string of acquisitions.
By Alan KlineMay 3 -
M&T Bank's Wilmington Trust unit has hired four seasoned executives away from Wells Fargo Private Bank to help it grow its wealth management business in the Washington, D.C., and Richmond, Va., markets.
By Alan KlineMay 3 -
Continuing its aggressive expansion throughout the Southeast, Renasant Bank in Tupelo, Miss., is opening its first office in east Tennessee.
By Alan KlineMay 3 -
EverBank Financial in Jacksonville, Fla., reduced the size of its public offering again on Thursday, just hours before its shares began trading.
By Alan KlineMay 3 -
The Private Bank of California in Los Angeles is opening a new office in affluent — and crowded — Orange County and has hired three local bankers to manage the office and drum up business there.
By Alan KlineMay 2 -
Marking its official exit from the Troubled Asset Relief Program, Regions Financial (RF) in Birmingham announced Wednesday that it has repurchased the warrant it sold to the Treasury Department as part of the program.
By Alan KlineMay 2
