Dean Anason is managing editor of American Banker. In two stints at AB that span nearly 17 years, Anason has been National and Consumer Finance editor, M&A editor, Washington bureau chief and Capitol Hill reporter. He was an assistant business editor at The Atlanta Journal-Constitution in between and began his career as the health care reporter for Atlanta Business Chronicle. He is based in his hometown of Atlanta, and can be reached at 770-621-9935.
-
A branch is no longer just a "full-service thing" but a wide range of service points that include bare-bones express locations and the smartphone in your pocket, Bank of America CEO Brian Moynihan said this week.
November 14 -
Their approaches differ, but one thing many bankers agree on is that growth depends largely on how well they cross-sell wealth management products to borrowers and depositors.
November 12 -
Receiving Wide Coverage ...You had to figure that with an election night, and lots of other distractions such as the continued buzz over the SAC Capital plea deal, commercial banks would get a break for at least one 24-hour news cycle.
November 6 -
Some regional banks reported strong loan growth in the third quarter and are upbeat about the fourth. Others had a weak summer and expect this quarter to be the same. All claim their lending practices are sound and that rivals are taking risks. It doesn't add up.
October 17 -
Big bank executives in New York need to visit the heartland and get in touch with Main Street to cure lingering public resentment, St. Louis Fed President James Bullard said.
September 20 -
Receiving Wide Coverage ...Jamie's Cryin': If you are most CEOs, you know it's going to be a tough day when you wake up to read lots of stories about your company that quote people "familiar with the matter." For Jamie Dimon, it is just another day in August. ... The Federal Housing Finance Agency wants $6 billion in connection with its lawsuit alleging that JPMorgan sold Fannie Mae and Freddie Mac $33 billion of tainted mortgage-backed securities ahead of the financial meltdown, several of the major dailies reported. JPM is fighting the offer but could still end up paying billions of dollars, the Financial Times says.
August 28 -
Maria Mitchell, a 19th century U.S. astronomer with historic ties to Pacific National Bank of Nantucket, was commemorated with a special doodle on google.com Thursday.
August 1 -
Dunno about you (and by "you" I mean, say, the chief risk officer of Bank of Kokomo who'll also have to cover the teller window today on the eve of a holiday) but email traffic to my inbox slumped off last night a sure sign people may be starting vacation early. However, the news kept churning yesterday and overnight, and if you are reading this you thirst for news, so here we go ...
July 3 -
Two American Banker staffers who cover mergers and acquisitions have a confession to make. We sometimes get so enmeshed in the arcane numbers behind bank deals that we overlook what really makes them tick: the human element.
June 21 -
The proposed sale of Atlantic Coast Financial in Jacksonville, Fla., did not sail with investors. Shareholders rejected Bond Street Holdings' $13.1 million, or $5-per-share, offer on Tuesday.
June 11 -
A real estate arm of KeyCorp has agreed to purchase more than $100 billion of servicing rights on commercial and multifamily loans from Bank of America, Keycorp said in a press release Thursday.
May 10 -
Executives at Heritage Commerce and Pacific Continental on the West Coast and Texas Capital Bancshares are catering to niche customers and building market share close to home instead of taking grand steps to expand.
May 8 -
Regulators shut down Douglas County Bank in Douglasville, Ga., and Parkway Bank in Lenoir, N.C. Between them they had assets of $425 million and will cost the Deposit Insurance Fund an estimated $105 million.
April 26 -
There were more deals announced in the Midwest than in any other U.S. region last year.
April 9 -
The deal is Investors' fourth since late 2011 and would bolster a growing presence in southern New Jersey.
April 5 -
Commercial customers will remain hesitant to spend, and thus borrow, until lawmakers resolve the uncertainties over the budget and economy, Huntington CEO Stephen Steinour says in an outlook that juggles optimism and caution.
January 17 -
Investors Bancorp of Short Hills, N.J., has agreed to buy Roma Financial Corp. of Robbinsville, N.J. The deal, scheduled to close in the second quarter, would bring together two mutual thrifts and create a company with assets of more than $13 billion.
December 20 -
The Treasury Department is scheduled on Tuesday to auction warrants to purchase 1.2 million shares of common stock in M&T Bank.
December 11 -
The $630 million-asset company has agreed to buy Potomac Mortgage Group in northern Virginia for $19 million in cash and stock.
December 4 -
An online-bank board's appointment of John Keach Jr., a community banker who had to sell his bank this year, provides a ray of hope for industry veterans.
December 3
