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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The online small-business lender said it tightened its underwriting standards during the first quarter as credit quality worsened.
May 2 -
Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.
May 1 -
The surge in originations during the first quarter more than offset a decline in demand for new leases.
April 30 -
Rachel Bryant specializes in risk management, and she applies that framework not only to her job duties, but also to her career path.
April 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.
April 25 -
The Wilmington, Del., company's new product relies on technology developed by Earnest, a startup that it acquired in 2017.
April 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.
April 24 -
Instead the online lender will refer commercial prospects to two partner companies as it seeks to focus on its core personal lending business.
April 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.
April 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.
April 18
