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Jon Prior

Staff Writer
  • twitter
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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
  • 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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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.