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.
-
The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.
February 11 -
In an interview, Comptroller Thomas Curry expressed concern about eroding loan standards and the potential for crippling cyberattacks. But he also argued that the industry is much stronger than it was a decade ago.
February 11 -
A modest proposal in the president's new budget plan seeks to strengthen the link between youth employment programs, financial education and the responsible use of financial products.
February 10 -
A modest proposal in the president's new budget plan seeks to strengthen the link between youth employment programs, financial education and the responsible use of financial products.
February 10 -
Under the new model, tax preparers must pay lenders for originating loans and are prohibited from passing costs on to borrowers. But consumer advocates argue that pricing of tax preparation services is so opaque that customers could be paying loan fees and not even know it.
February 8 -
SunTrust Banks in Atlanta has committed $50 million to a credit facility for the online small-business lender Credibly.
February 3 -
CEO Jeffrey Brown spent much of the firm's quarterly earnings call Tuesday responding to the demands of shareholders who are unhappy with Ally's weak stock price.
February 2 -
The largest institutions moved to the top of J.D. Power's rankings, thanks largely to the popularity of their digital offerings and high scores among young adults.
February 2 -
OnDeck Capital, an online small-business lender in New York, has added a former E-Trade Financial executive to its board, as another director plans to leave.
February 1 -
The public focus on whether Ally should pursue a sale has obscured other issues being raised by the firm's unhappy shareholders.
January 31
