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Jon Prior

Staff Writer
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  • BMO Harris Bank smart branch at West Washington St. and North Wacker Drive in Chicago.
    Commercial lending
    BMO Harris hires two execs away from rival Fifth Third

    Eric Smith and Michael Morton have been brought on as vice chairs to help build out the Chicago bank's commercial lending arm.

    By Jon Prior
    January 22
  • AB-COMERICA-012119
    Commercial lending
    Comerica stung by falling oil prices

    The Dallas bank’s troubled energy loans reached a nearly two-year high as crude prices plummeted.

    By Jon Prior
    January 21
  • John Turner of Regions Financial
    Earnings
    Regions' plan to boost lending in 2020

    Total loans at Regions Financial fell slightly last year, but executives say a shift in consumer lending priorities and more aggressive C&I lending will start to pay off this year.

    By Jon Prior
    January 17
  • Point-of-sale
    In reversal, California gives license to point-of-sale lender

    The fintech Sezzle has finally received its point-of-sale lending license in California after agreeing to refund consumers in the state and pay a penalty for previously making illegal loans there, the California Department of Business Oversight said Thursday.

    By Jon Prior
    January 17
  • Point-of-sale
    In reversal, California gives license to point-of-sale lender

    The fintech Sezzle received its license after agreeing to refund customers and pay a fine for previously making loans that state regulators had deemed illegal.

    By Jon Prior
    January 17
  • AB-011520-PNC (2).png
    Earnings
    PNC learns the downside of paying cash bonuses to new customers

    CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

    By Jon Prior
    January 15
  • 4Q and full-year profits at JPMorgan Chase over last decade
    Growth strategies
    How JPMorgan plans to keep the momentum going

    The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”

    By Jon Prior
    January 14
  • From left: Charles Scharf, Ellen Alemany and Max Levchin.
    C-suite
    11 bankers and disruptors to watch in 2020

    Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.

    By Alan Kline
    January 12
  • Comptroller of the Currency Joseph Otting.
    CRA
    CRA plan could be breakthrough for credit-starved tribes

    Native American leaders are cheering the proposal, which would give banks Community Reinvestment Act credit for making loans on reservations, even if the lands sit far outside their assessment areas.

    By Jon Prior
    January 7
  • Comerica CEO Curt Farmer
    M&A
    Comerica CEO won’t rule out acquisitions

    While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.

    By Jon Prior
    January 2
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Innovation of the Year 2025

The 10 most groundbreaking tech projects and bank-fintech partnerships that are moving financial services forward

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© 2025 Arizent. All rights reserved.
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© 2025 Arizent. All rights reserved.