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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Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
By Kevin WackDecember 11 -
The top executives at some of the nation's largest banks spoke Tuesday about their expectations for the second Trump administration. Deregulation, capital rules, tariffs and inflation were all prominent topics.
By Polo RochaDecember 10 -
The unionization push by members of the bank's conduct management intake team has been hotly contested. If approved, it would represent a landmark in the effort to organize workers at the $1.9 trillion-asset bank.
By Kevin WackDecember 9 -
Lisa McGeough will be heading the global bank's U.S. operations. It's just the latest change at HSBC since Georges Elhedery took the reins in September.
By Kevin WackDecember 5 -
The Los Angeles-based subsidiary of Royal Bank of Canada posted its strongest performance in six quarters.
By Kevin WackDecember 4 -
The inquiry by securities regulators came in response to reporting that bank employees pushed products in ways that misled customers as they sought to meet their sales targets.
By Kevin WackNovember 27 -
California's banking market, shaken up by big acquisitions and last year's crisis, is drawing financial institutions seeking opportunity.
By Kevin WackNovember 13 -
Anthony Gressak III, who also served as interim CEO of Nano Banc, allegedly obtained pandemic relief funds fraudulently.
By Kevin WackNovember 12 -
Daria Sewell pleaded not guilty to possessing customers' personally identifiable information. The case adds to the Canadian bank's anti-money-laundering woes.
By Kevin WackNovember 8 -
Los Angeles-based Dave got sued Tuesday by the Federal Trade Commission. Its stock price briefly plunged before soaring in the wake of Donald Trump's election.
By Kevin WackNovember 6