Kevin Wack is American Banker's national editor, and is based in southern California. He was formerly the publication's consumer finance reporter and its Capitol Hill correspondent. Earlier, he worked on financial policy in Washington. He has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine.
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Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.
December 16 -
Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.
December 16 -
Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.
December 16 -
Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.
December 16 -
Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.
December 15 -
The industry finally sees a bit of an opening in its effort to roll back the 2010 law that capped fees on debit card transactions. But opposition from the retail sector will be fierce.
December 14 -
BlueVine, an online small business lender based in Redwood City, Calif., said Wednesday that it has closed a $49 million funding round.
December 14 -
Federal banking regulators are dismissing claims that they are pressuring banks to cut ties with payday lenders, arguing that the lenders' recent request for a court order against the agencies rests on erroneous speculation and bad legal arguments.
December 9 -
OnDeck Capital, the New York-based online small-business lender, has obtained a $200 million revolving debt facility from Credit Suisse.
December 9 -
The education-finance sector would have likely faced a challenging policy landscape under a Clinton administration. But its future is looking particularly bright now that Republicans are firmly in control in Washington.
December 7
