
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.
In a belated regulatory filing, Carver Bancorp in New York said its profits in the quarter that ended June 30 fell 8% from a year earlier, to $408,000, due to a double-digit increase in expenses.
Zions Bancorp. in Salt Lake City on Friday named Gary Crittenden, a former chief financial officer at Citigroup, to its board of directors.
Regions Financial has a new chief executive for its insurance business.
Two senior legal executives at CIT Group in Livingston, N.J., are reportedly leaving the company, as it faces a new round of compliance headaches.
The age-old fight over whether earnings forecasts are essential for investors or bad for the economy has new legs, and banks are square in the middle of it.
The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.
Regional banks need all the growth opportunities they can get, and Fifth Third says it has found one in catering to European businesses that need to expand in North America to escape domestic economic issues.
Quarterly profit at CIT Group plunged after the in Livingston, N.J., company recorded $167 million in charges tied to its discontinued reverse-mortgage servicing unit.
Fifth Third Bancorp in Cincinnati on Thursday reported higher quarterly profit driven by an increase in construction loans.
Some midsize banks found ways to widen margins, and Texas lenders said weakness in the energy sector has had little effect on the broader Texas economy. But can those trends hold up?
New York Community Bancorp on Wednesday reported higher profits as the company hovers below the $50 billion-asset mark and seeks to complete its acquisition of Astoria Financial.
UMB Financial in Kansas City, Mo., on Tuesday reported higher than expected quarterly profits due to loan growth from a recent acquisition.
Fifth Third Bancorp in Cincinnati has fired its chief legal officer over what it describes as a conflict of interest.
Problem technology credits drove down quarterly profits at Opus Bank in Irvine, Calif., which said it will pull back on tech lending even though that had become one of its most important niches.
Though several banks have begun automating financial advice for smaller investors, some are also providing more personalized services such as counseling family members who have suddenly inherited a fortune.
Once skeptical of robo advisers, retail banks are starting to embrace them. Several big banks are getting into the business, mostly by forming partnerships with fintech companies. Smaller banks are expected to soon follow suit.
Santander Consumer Holdings USA on Monday delayed the release of its quarterly results amid ongoing accounting woes.
Kelly King, BB&Ts chairman and chief executive, said during his companys quarterly conference call that he supported the effort led by JPMorgan Chase Chairman and CEO Jamie Dimon to do away with quarterly earnings projections.
Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business.
Strong commercial loan growth drove an 8% year-over-year increase in Private Bancorp's second-quarter profit.