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.
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Huntington Bancshares (HBAN) has extended the contract of Chief Executive Stephen Steinour by three years, through the end of 2016, the Columbus, Ohio, company said Thursday.
November 29 -
One of Citigroup's downtown New York offices damaged by Hurricane Sandy will be closed for weeks, the company said Tuesday.
October 30 -
F.N.B. Corp. (FNB) in Hermitage, Pa., said late Monday it had agreed to buy Annapolis Bancorp (ANNB), which owns the Bank of Annapolis, for $51 million in stock.
October 22 -
First Horizon Financial National (FHN) saw its stock fall almost 5% in early trading Friday after announcing a $30 million charge tied to loans where the borrower has liquidated debts in bankruptcy court.
October 19 -
State Bank Financial in Atlanta has added retired Air Force Maj. Gen. Robert McMahon to its board of directors, and CEO Joe Evans explains why.
October 4 -
Bank shares tend to rally in election years but often fall after all the ballots are cast, a KBW study going back to 1984 says.
September 24 -
Community Bank of Central Wisconsin had to sell but couldn't find a single buyer — so it got creative and found two.
September 19 -
Banks have to spend money to make money and avoid overreliance on acquisitions, BB&T's CEO said in discussing plans for de novo branches and other investments.
September 12 -
Robert Wilmers, the chairman and CEO of M&T Bank who retired for a couple of years and then came back to work, has staged a second act arguably more successful than his first.
August 27 -
Kevin McCarty, the insurance commissioner of Florida who recently started investigating the force-placed insurance market, vividly recounts his fight to correct an error that, he says, led to forced coverage on his condo several years ago.
August 13 -
First Financial Northwest (FFNW), a company under fire from activist shareholders and regulators, will replace the chief executive of its banking unit next month and has made another important management change.
August 11 -
Consumer advocates and financial services industry officials clashed Thursday over whether banks and insurers are getting paid fairly in the force-placed insurance market.
August 9 -
Receiving Wide Coverage ...Happy Birthday, Dear SOX: Remember that big financial law that came between the Gramm-Leach-Bliley Act and the Dodd-Frank Act? Policymakers and pundits have spent so much time lately debating whether to roll back those two laws that we (I'll omit the auditing department from this blanket reference) have forgotten the Sarbanes-Oxley Act that was supposed to clean up auditing conflicts, public disclosures and do other things to renew our faith in public companies' financial reports. Yeah, right. Well, today is the 10th birthday of the law spurred by the Enron and WorldCom crises and named after the chairman of the Senate Banking and House Financial Services committees of the time, and the recollections are harsh.
July 30 -
No, the merger wave isn't here, but it has to start somewhere. Data through May 31 shows a foundation to build on once uncertainties about U.S. elections and European economy ease.
June 8 -
Lafayette, La., and Washington are over 1,000 miles apart, but Rusty Cloutier, the founder and chief executive of MidSouth Bancorp, keeps the nation's capital top of mind.
May 25 -
The acquisitive bank in Lafayette, La., benefits from having executives who have lived all over in their careers - but constant relocation can test a marriage, Chief Executive Daryl Byrd says.
May 24 -
Put aside the bellyaching about the disappointing deals market. Focus instead on creative deals, nontraditional acquisitions and the nuances of what can be done within current regulations and economic realities, experts will advise at American Banker's M&A conference Monday and Tuesday.
May 18 -
Lois Kreitzer is a regular at shareholder meetings of the Pittsburgh bank. She and PNC CEO James Rohr made nice during the Q&A session at this year's meeting — and then she got in a couple jabs.
April 26 -
Several attendees of the Pittsburgh bank's annual meeting complained to CEO James Rohr that PNC does business with coal mining companies that engage in the controversial practice of mountaintop removal.
April 24 -
Costs related to the integration of RBC Bank weighed down PNC's first-quarter earnings, but officials emphasized the acquisition's early — and long-term — benefits.
April 18
