
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.
Ralph Hamers, CEO of ING Group in Amsterdam, sat down with American Banker to talk about the company's future in the U.S., plans to grow mobile users and banks' relationship with fintech.
Jamie Dimon, chairman and CEO of JPMorgan Chase, on Wednesday was named chairman of the Business Roundtable, further cementing himself as a key intermediary between the incoming Trump administration and the business community.
U.S. Bancorp in Minneapolis has raised its expectations for its net interest margin in the fourth quarter, citing the recent increase in benchmark rates.
Wells Fargo has amended its bylaws to requires separate chairman and chief executive roles, the latest change in corporate policy after the bank's phony-accounts scandal.
The decisions by some of the major national and regional banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed, and may lend credence to the belief that credit unions can boost their auto lending business as the banks step back.
The decisions by JPMorgan Chase, Fifth Third and other banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed.
Whether banks view them as rivals or partners, fintech firms' rising influence is prompting banks to make a host of welcome changes, including heavy recruitment of young, tech-savvy professionals, according to heads of several major U.S. banks.
Hopes are high among bankers that soon-to-be President Donald Trump and the new Congress will quickly lower the corporate tax rate. But a tax overhaul might benefit community banks and small regionals more than larger banks, especially those reliant on tax strategies that might be less meaningful in a new system.
Fifth Third Bancorp in Cincinnati will record a gain of $9 million during the fourth quarter after selling shares in the payment processor Vantiv.
Fifth Third Bancorp in Cincinnati will record a gain of $9 million during the fourth quarter after selling shares in the payment processor Vantiv.