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.
New York investment bank MLV, expecting lots of bank M&A activity in the Southeast and Southwest, has hired an expert on those regions, David Bishop from Stifel Nicolaus, to start a research unit.
Many large commercial banks must decide how to adapt their investment banking units to keep pace with changing regulations that could shrink ROE further, according to a report from BCG.
Capital problems at smaller banks are likely to push more of them to sell, and many of them should put their holding company through bankruptcy to facilitate deals, says Evan Tomaskovic, a partner at Carl Marks Advisory Group.
Community banks are reporting first-quarter declines in net interest income despite increased lending. Low rates and competition are to blame.
NICE Systems is offering a customer engagement analytics platform. The product combines interaction and transaction analytics and lets companies look at big data generated by cross-channel customer engagement, NICE said Monday.
Zions executives may have wished they never bought a failed bank after a painful conversation with analysts to explain a special charge related to old FDIC deals.
Though profitable, Synovus is still trying to hit its stride. Still, CEO Kessell Stelling told analysts that he wants to make acquisitions at some point in the future.
Zions Bancorp. (ZION) more than tripled quarterly profits as it recorded a credit for its loan-loss provision and lowered its interest expenses.
Several community banks are taking a serious look at building eco-friendly branches — not just to be "green," but to save some green, too.
The former Citigroup and Bank of America executive told attendees at a forum that the banking industry must diversify and embrace women as more than a niche market.
Victory Capital Management did not fit with KeyCorp's retail strategy so the Cleveland company decided to sell it and has since asked regulators to let it use capital from the deal to buy back shares, CEO Beth Mooney said.
Establishing mentoring programs and better employee communication, drawing on the expertise of nonfinancial companies and holding special events aimed at women business owners are some of the ways banks can develop more women executives and clients.
KeyCorp (KEY) posted double-digit growth in its commercial and industrial loan portfolio and its earnings rose in the first quarter.
Community banks spent $250 million and more than 8 million hours on regulation implemented during the first quarter, a recent study found.
When the University of Michigan's basketball team advanced to the Final Four of the NCAA tournament, Bank of Ann Arbor showed its support with billboards and social-media messages.
The GSE believes it can offer community banks another source of revenue by originating and selling agricultural loans.
Equipment financing, once viewed as cost-prohibitive for smaller banks due to the financial commitment required to build in-house teams, has become more attractive due to opportunities to work with outside firms.
Banks are increasing their research and monitoring of third parties as regulators take a closer look at outsourcing.
BancVue in Austin, Texas, has acquired a business to expand its leasing capabilities.
Industry observers are hopeful that CEOs will use quarterly conference calls to outline plans to aggressively unload bad assets in coming months.