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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Rachel Bryant specializes in risk management, and she applies that framework not only to her job duties, but also to her career path.
By Kevin WackApril 29 -
The company's credit card business has been outpacing industrywide loan growth. In the first quarter, results were also aided by higher loan yields.
By Kevin WackApril 25 -
The Wilmington, Del., company's new product relies on technology developed by Earnest, a startup that it acquired in 2017.
By Kevin WackApril 24 -
Bradley Linskens, the former examiner-in-charge at Wells Fargo, faced scrutiny for his conduct as the top examiner of the scandal-plagued bank.
By Kevin WackApril 24 -
Instead the online lender will refer commercial prospects to two partner companies as it seeks to focus on its core personal lending business.
By Kevin WackApril 23 -
The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians.
By Kevin WackApril 18 -
Measures of loan performance were generally better than expected at Ally, American Express, Synchrony and Sallie Mae. Their 1Q reports suggest that consumers remain able to meet their obligations despite a long run-up in debt.
By Kevin WackApril 18 -
The findings of a new survey suggest that banks risk becoming irrelevant unless they match the speedier processes that are a key selling point for online lenders.
By Kevin WackApril 16 -
The Federal Trade Commission accused the online lender of numerous violations in connection with its loan servicing practices. In one example, Avant allegedly informed customers that they could make payments by credit card or debit card but then refused to accept such payments.
By Kevin WackApril 15 -
The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.
By Kevin WackApril 15