
Kristin Broughton
Kristin Broughton is a reporter for American Banker, where she writes about the business of national and regional banking.
Kristin Broughton is a reporter for American Banker, where she writes about the business of national and regional banking.
An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company.
The Minneapolis company plans to expand to new retail markets through a digital platform, but it’s facing questions about how it will distinguish itself from peers.
The Minnesota company's profits rose by double digits despite some challenges in the second quarter, and its CEO says it will be expanding its digital offerings to simplify banking for customers.
Price competition on deposits may finally force the largest banks to pay up, and consumers’ aggressive use of rewards and promotional rates is weighing on card income. And then there are those tariff fights that could hurt global clients.
A tighter labor market and declining demand for compliance employees are expected to slow down hiring at banks in the coming year.
There are signs that commercial loan demand finally picked up in the second quarter, but banks still face some obstacles.
The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.
The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.
Fair Financial, a digital banking platform developed by a Twin Cities nonprofit in partnership with a local bank, launched a pilot program this week. By 2020, it plans to serve 5,000 customers across the country.
The companies announced Dr. Atul Gawande, a professor at Harvard and the author of several books on health care, will lead the new health venture starting July 9. But other questions remain unanswered.