
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.
The San Francisco-based online lender will soon begin selling refinanced student loans through Promontory’s member network.
The company will continue its push into select, economically attractive areas as it continues to scale back its branch count elsewhere.
Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.
Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.
The Livingston, N.J., company took a big hit in the fourth quarter as it continued to divest certain business lines and restructure its operations.
Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.
TCF Financial executives are considering pulling back from selling auto loans, following a sharp decline in gains during the fourth quarter.
Declines in deposit-service charges and in gains on the sale of auto loans drove down 4Q earnings.
The spike in fees compensated for lower interest income.
Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.
Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.
Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term.
Profits at the Midwestern bank fell on lower adjusted noninterest income and loans and on a one-time item.
Windows smashed, no injuries reported.
Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on an 11% increase in noninterest income and on lower credit costs.
The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees.
Andy Cecere is the new CEO-in-waiting at the Minneapolis bank, but interest in his future plans took a back seat as investors and others tried to get their heads around why the current boss, Richard Davis, is choosing to leave seven years before the typical retirement age.
The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses.
The highly regarded and outspoken Richard Davis is a hard act to follow, but Andy Cecere, who will take over the successful Minneapolis company in a few months, is said to have the right blend of knowledge and judicious temperament for meeting the business challenges that lie ahead.
The Minneapolis company announced that Richard Davis will retire as CEO this spring. He will be succeeded by longtime deputy Andy Cecere.