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Jon Prior

Staff Writer
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  • Synovus Financial
    Synovus hires former Regions execs to form affordable housing business

    The additions come as the Georgia regional looks to maintain momentum in commercial lending.

    By Jon Prior
    February 10
  • Diane Morais, Ally Financial
    Digital banking
    Ally Bank rolls out new tools to help customers boost savings

    The new features use automatic transfers to encourage account holders to build savings faster and with less effort.

    By Jon Prior
    February 5
  • Medical workers wearing protective masks gather during a protest outside the Hospital Authority's head office in Hong Kong on Feb. 4, 2020.
    Commercial lending
    U.S. banks on high alert as coronavirus spreads

    The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income.

    By Jon Prior
    February 4
  • Top Export-Import Bank lenders
    Commercial lending
    Banks hope Ex-Im revival is shot in the arm commercial lending needs

    Lenders that depend on the Export-Import Bank to back loans to exporters are already seeing business borrowing pick up after Congress reauthorized the agency in December.

    By Jon Prior
    January 30
  • Rep. Patrick McHenry, R-N.C., left, and Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services Committee
    Credit reporting
    Credit reporting bill passes House but faces long odds in Senate

    No Republicans voted for the package of bills intended to overhaul the credit reporting system, casting doubt on its chances in the GOP-controlled Senate.

    By Jon Prior
    January 30
  • Cassandra McKinney
    Consumer banking
    Comerica promotes insider to oversee retail banking

    Cassandra McKinney's promotion to executive vice president of the retail bank is the latest executive move by Curt Farmer, who became the Dallas company's CEO in April.

    By Jon Prior
    January 29
  • Popular Inc. response to natural disasters in Puerto Rico
    Mortgages
    Damage report: Popular’s running toll of natural disasters

    The largest bank in Puerto Rico said hundreds of millions of dollars of its mortgages and consumer loans are tied to the parts of the island hit by the recent quake or still recovering from two hurricanes.

    By Jon Prior
    January 28
  • C-suite
    Comerica names new chief credit officer in latest management shake-up

    The promotion of Melinda Chausse was one of several leadership changes the Dallas company announced this month.

    By Jon Prior
    January 23
  • AB-012320-WRAP2 (1).jpeg
    Earnings
    Regional bank CEOs find reasons to be upbeat about C&I

    Commercial lending was sluggish in 2019, but leaders at Huntington, KeyCorp and M&T are encouraged that rates are stabilizing and business sentiment is improving.

    By Jim Dobbs
    January 23
  • Northern Trust office
    Custody banks
    Northern Trust gets boost from investment arms of wealthy families

    Fourth-quarter fees earned from managing the assets of family offices rose 12% and were a powerful counterbalance to tighter margins.

    By Jon Prior
    January 22
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© 2025 Arizent. All rights reserved.
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© 2025 Arizent. All rights reserved.