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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New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.
By Kevin WackNovember 9 -
Voters in Florida and North Dakota approved medical marijuana measures on Tuesday, while their counterparts in California and Massachusetts approved recreational pot initiatives, according to projections.
By Kevin WackNovember 9 -
Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.
By Kevin WackNovember 9 -
New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.
By Kevin WackNovember 8 -
New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.
By Kevin WackNovember 8 -
As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws.
By Kevin WackNovember 8 -
As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws that have paralyzed much of the banking industry.
By Kevin WackNovember 7 -
There were some positive signs in the marketplace lender's quarterly results, but it continues to deal with the fallout from a scandal involving executives who falsified data about loans the company was selling to investors.
By Kevin WackNovember 7 -
OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.
By Kevin WackNovember 3 -
Wells Fargo has named Monica Cole to head middle-market banking for six Midwestern states.
By Kevin WackOctober 31