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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Wells Fargo Chief Executive John Stumpf may get a third grilling by lawmakers over the fake account scandal that continues to embroil the San Francisco bank.
October 4 -
Wells Fargo Chief Executive John Stumpf may get a third grilling by lawmakers over the fake-accounts scandal that continues to embroil the San Francisco bank.
October 4 -
The Federal Reserve said Tuesday that 19 private-sector proposals are now under review by nearly 500 members of two separate task forces, one of which was established to chart a path toward a faster payment system, and the other focused on payment system security.
October 4 -
The number of firms vying to build a faster U.S. payment system has been whittled down slightly.
October 4 -
Total deposits at U.S. banks climbed nearly 6% year over year, to $11.3 trillion, even as the total number of banks and branches declined.
October 3 -
Prosper Marketplace is closing the secondary market for its loans, citing a lack of demand among investors.
October 3 -
The Wall Street firm believes that its gold-plated brand will help attract middle-class borrowers.
September 27 - WIB PH
How an uncommon knack for bridging different cultures helped Nandita Bakhshi rise to the top job at Bank of the West.
September 25 -
The subprime auto lender continues to struggle to get its arms around accounting issues that date to 2013.
September 23 -
John Stumpf may have hoped that Tuesday's hearing on Capitol Hill would mark a key turning point in Wells Fargo's blossoming scandal, but his harsh questioning by lawmakers and his struggle to answer many of their questions suggests that the embattled megabank's problems are just beginning.
September 20
