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Jon Prior

Staff Writer
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  • Politics and policy
    Activists on left, right grabbing spotlight at bank annual meetings

    Progressive groups once again are forcing shareholder votes in connection with hot-button issues such as racial equity and climate change. But now conservative groups are also harnessing the same process in an effort to influence the positions that banks take on politically charged issues.

    By Jon Prior
    April 11
  • Technology
    Who deserves to know about bank cyber threats?

    Banks report cyber events to their boards and regulators more than twice as often as they notify their customers and the general public, according to a recent survey. New reporting requirements could change the equation.

    By Jon Prior
    April 6
  • Wells Fargo sign and building
    Commercial banking
    Wells Fargo names first-ever chief sustainability officer

    Robyn Luhning, the bank’s head of environmental and social risk management, takes the position at a time when financing for the fossil-fuel industry faces scrutiny. Other large banks have created similar roles in recent years.

    By Jon Prior
    April 4
  • Commercial banking
    Bank CEOs post-merger: Where are they now?

    Vernon Hill, Ellen Alemany and Joseph Otting are among the executives whose careers took a turn after their company was acquired. Here’s a look at what eight CEOs did after their time atop a bank ended.

    By Kevin Wack
    April 3
  • Regulation and compliance
    CFPB’s questions to banks suggest new frontiers in fair-lending scrutiny

    Questionnaires sent to banks in recent months seek information about loans to same-sex couples, women on maternity leave and people with limited English proficiency. Industry executives and attorneys say the Consumer Financial Protection Bureau may be offering hints about specific types of fair-lending cases it could pursue.

    By Jon Prior
    March 31
  • Commercial banking
    Largest U.S. banks to face shareholder votes on climate change

    Climate activists have forced votes this spring on whether big banks should move more aggressively to cut off their financing of fossil-fuel companies.

    By Jon Prior
    March 29
  • Consumer banking
    Hancock Whitney will cut overdraft fees by year-end

    The Gulfport, Mississippi, bank is joining a number of large and regional banks pledging to reduce or eliminate the charges.

    By Jon Prior
    March 25
  • Commercial banking
    First Citizens plans to keep CIT’s railcar business rolling

    The niche railcar leasing unit, which the North Carolina company inherited with its acquisition of CIT, may generate roughly 25% of the combined entity's noninterest income, executives said. They vowed to slow the sale of boxcars that had been underway at CIT.

    By Jon Prior
    March 24
  • Consumer banking
    Ameris Bancorp to join crowd curbing overdraft fees

    The $23 billion-asset company announced a series of changes that will reduce its reliance on charges that disproportionately hit customers with low balances.

    By Jon Prior
    March 23
  • Truist Financial 4Q Adjusted EPS Beats Estimates
    Industry News
    Why Truist is working on a new community investment pledge

    The North Carolina bank’s earlier $60 billion plan, which was tied to the BB&T-SunTrust merger, is set to expire this year. Its new efforts are a sign that such deals aren't always one-off arrangements meant to grease the rails for an acquisition.

    By Jon Prior
    March 23
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© 2025 Arizent. All rights reserved.
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© 2025 Arizent. All rights reserved.