Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Sports stars face unique challenges obtaining credit, and bankers need to develop certain skills to successfully court those prospects.
Sports stars face unique challenges obtaining credit, and bankers need to develop certain skills to court those prospects successfully.
Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."
For the first time, the chairmen of the American Bankers Association and the Independent Community Bankers of America are women, marking an important milestone for the industry.
The failure of Seaway Bank, once the nation's biggest black-owned bank, cost the FDIC $57.2 million.
The New York company may struggle with profitability as it decides whether to find a new buyer.
The Lake Success, N.Y., company’s bottom line fell 15% on lower net interest income, though its expenses shrank and fee income rose.
The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done.
The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.
To succeed, the Tennessee company must build on momentum created by BNC, the bank it just agreed to buy.