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Jon Prior

Staff Writer
  • twitter
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  • Howell McCullough, chief financial officer of Huntington Bancshares
    Interest rates
    Huntington lowers revenue guidance ahead of anticipated rate cuts

    The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.

    By Jon Prior
    July 25
  • Demonstrators wave Puerto Rican flags during a protest in San Juan, Puerto Rico, on July 22.
    Earnings
    Political upheaval could hinder Puerto Rico's recovery, bank CEOs say

    The heads of the island's largest banks are worried that ongoing protests over government corruption and other scandals are a setback to an economy slowly rebounding from the devastating hurricanes of 2017.

    By Jon Prior
    July 24
  • Decline in full-time employees at Regions Financial
    Regional banks
    Regions leery of expected Fed rate cut

    The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.

    By Jon Prior
    July 19
  • Pedestrians walk past a Wells Fargo bank branch in Los Angeles.
    Consumer banking
    Wells Fargo sued for denying loan to Dreamer

    Alleged discrimination over immigration status is the latest legal headache for Wells Fargo.

    By Jon Prior
    July 17
  • oil field, the oil workers are working; used in item about C&I lending
    Energy industry
    Comerica signals tougher market for liquidating energy assets

    The Texas bank said it was setting aside higher provisions for credit losses as private investments are drying up in a volatile oil and gas market.

    By Jon Prior
    July 17
  • amazon alexa echo dot
    Earnings
    First Horizon may ask Alexa to help take on bigger banks

    The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push.

    By Jon Prior
    July 16
  • Synovus Chairman and CEO Kessel Stelling.
    Regional banks
    Synovus doubles down in Florida

    The Georgia regional plans to open more branches in the state as it looks to loan growth and fees as a way to offset intense competition for deposits.

    By Jon Prior
    July 16
  • AB-070119-CAPONE (3).png
    Deposits
    Capital One keeps closing branches, even as rivals open them

    Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online.

    By Jon Prior
    July 1
  • Regions Bank
    Consumer banking
    Regions names new heads of tech, M&A, consumer products

    Amala Duggirala, Logan Pichel and Kate Danella are all part of the executive leadership team reporting to CEO John Turner.

    By Jon Prior
    June 27
  • Andy Harmening is Senior Executive Vice President, Consumer and Business Banking Director for Huntington Bancshares
    Commercial lending
    Huntington launches health care finance unit

    The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.

    By Jon Prior
    June 20
  • AB-061819-AFFORD (6).png
    Affordable housing
    Congress dangles tax credits to boost supply of affordable housing

    The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

    By Jon Prior
    June 18
  • Dawn Morris, chief digital banking and marketing officer of First Horizon National
    M&A
    First Tennessee, Capital Bank to be rebranded as First Horizon

    The Memphis, Tenn., company said a common corporate identity for all its units made sense given a recent acquisition and its growth ambitions.

    By Jon Prior
    June 11
  • Farm Service Agency loan demand
    Ag lending
    ‘Epic’ flooding forces ag banks to lean on farm agency

    Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?

    By Jon Prior
    June 10
  • U.S. Bancorp branch count over last 5 quarters
    Branch banking
    U.S. Bancorp closing branches in Chicago

    The regional bank has begun closing branches in Chicagoland as part of a plan to reduce its net number of brick-and-mortar offices by up to 15% even as it looks to expand in the Southeast.

    By Jon Prior
    June 5
  • Signage is displayed outside a Fifth Third Bank branch in Louisville, Kentucky.
    Charter conversions
    Fifth Third seeks national bank charter to accelerate expansion

    The Cincinnati bank wants to convert from a state charter as it expands in the Southeast and beefs up digital banking operations.

    By Jon Prior
    May 31
  • Gordon Smith, CEO of consumer and community banking at JPMorgan Chase
    Banking
    Where JPMorgan stands on mortgages, branches, mobile payments

    In a presentation Thursday, co-COO Gordon Smith expanded on Jamie Dimon's recent comments about frustrations in the mortgage market, was upbeat about branch profitability and discussed some of the bank's Chase Pay challenges.

    By Jon Prior
    May 30
  • Profit per mortgage loan, in basis points
    Mortgages
    Expect more banks to exit national mortgage lending

    Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.

    By Jon Prior
    May 29
  • AB-051519-FARM (1).png
    Ag lending
    U.S.-China trade war heightens fears of farm credit crunch

    Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.

    By Jon Prior
    May 16
  • AB-050919-BORDER (2).png
    Community banking
    Trump immigration crackdown hurting small banks on border

    Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.

    By Jon Prior
    May 9
  • AB-050319-GEORGIA.png
    Community banking
    A deposit boon for small Georgia banks?

    Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.

    By Jon Prior
    May 3
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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.

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