
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.
JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges.
Banks have started reconsidering how much they are willing to pay for low-income housing tax credits.
The U.K.-based firm has raised $373 million from investors since it was founded in 2010.
Gov. Andrew Cuomo wants to give the state's banking regulator the power to ban "bad actors" from working in financial services, allowing it to step in when federal agencies refuse to act.
Fifth Third Bancorp in Cincinnati has a new chief legal officer.
Bank stocks have been on a tear since the November elections, but a corresponding surge in profits could still be a few quarters away.
The bank formerly run by Steven Mnuchin, President-elect Donald Trump's nominee to head the Treasury Department, allegedly used illegal practices in foreclosing on delinquent homeowners, according to a leaked 2013 memo from the California Attorney General's Office.
The bank formerly run by Steven Mnuchin, President-elect Donald Trump's nominee to head the Treasury Department, allegedly used illegal practices in foreclosing on delinquent homeowners, according to a leaked 2013 memo from the California Attorney General's Office.
Lenders should be braced for some potential headaches as oil-related bankruptcies are expected to continue at a steady clip in 2017 and various market and political forces could influence oil supplies and prices.
But they wont do it right away. Heres why not, and what will have to change in retail and commercial banking for deposit-funding costs to begin to rise along with increases in the federal funds rate.