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 bank's predicament suggests that the Trump administration's hard-line stance on immigration can cause headaches for financial institutions.
August 6 -
The trend poses challenges for banks, which have long required customers who want fees waived to put in their own effort.
August 2 -
The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts.
July 31 -
As memories of the financial crisis fade, consumers are back to their old spending and saving habits — and that could be a big problem.
July 30 -
The announcement follows a news report that said it routinely and without notification charged higher rates than it initially quoted.
July 30 -
The roster of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.
July 27 -
The Stamford, Conn., issuer of store credit cards has two potential options after the retail giant chose to partner with Capital One. But the decision over which path to take is out of its hands.
July 27 -
A smaller tax bill and a double-digit growth in card loans offset weakening credit quality at the Riverwoods, Ill., company.
July 26 -
The Detroit company is facing stiffer competition in the battle for online deposits, but it has benefited from a key rival's retreat in auto lending
July 26 -
Jack Remondi issued a direct call Wednesday for the agency to drop its lawsuit against the student loan servicer. “You’ve had five years to look for your evidence, you’ve found none,” he said.
July 25
