Kristin Broughton
Kristin Broughton is a reporter for American Banker, where she writes about the business of national and regional banking.
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The Northeast has always been a competitive market for deposit gathering. Loan growth and the potential for rising interests are forcing banks in the region to find new ways to bring in low-cost liquidity.
February 26 -
The OTC Markets Group has opened up its community bank marketplace to privately held institutions, offering a chance for investors to monetize their holdings without selling the bank.
February 19 -
A recent research paper found that community banks' assets, along with market share in most types of commercial lending, have fallen since the Dodd-Frank Act was passed. The report is giving advocates of smaller institutions more data to rally around.
February 13 -
Elected officials in Santa Fe and Seattle are considering plans to form municipal banks to promote affordable housing and reach out to the underbanked. Bankers are wary since such institutions could present competition.
February 12 -
Bank of the Ozarks in Little Rock, Ark., and WesBanco in Wheeling, W.Va., each completed acquisitions this week.
February 11 -
U.S. Bancorp in Minneapolis has appointed Amy Hurd as head of its in-store and on-site banking division.
February 11 -
Orange County Business Bank in Irvine, Calif., is facing a proxy battle from a Dallas investment firm.
February 9 -
The New York Department of Financial Services has published revisions to the agency's proposed framework for regulating virtual currencies.
February 5 -
First Data is planning to launch a new suite of payment processing software in partnership with Capgemini, a financial consulting and outsourcing firm based in Paris.
February 5 -
JPMorgan Chase has launched a multiyear examination of its philanthropic division, providing $10 million to the Urban Institute to study the impact of its charitable initiatives.
February 5 -
Flushing Financial in Lake Success, N.Y., has expanded its business banking operations to Manhattan.
February 4 -
Hudson Valley Holding in Yonkers, N.Y., swung to a profit as it prepares to sell itself to Sterling Bancorp in Montebello, N.Y.
February 4 -
Two community banks on Tuesday disclosed plans to raise capital by selling subordinated debt.
February 3 -
TowneBank in Hampton Roads, Va., reported a lower quarterly profit due to higher costs tied to its recent acquisitions.
February 3 -
Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.
February 2 -
The Federal Deposit Insurance Corp. issued five consent orders in December, according to the agency's most recent summary of enforcement actions.
February 2 -
PayEase, a merchant acquiring firm based in China, has begun offering online payment services in Taiwan through a partnership with the e-commerce company OnePaid.
February 2 -
U.S. Bancorp on Monday named its annual "Dynamic Dozen" list, a select group of young employees chosen to provide the $387 billion-asset company with guidance on digital banking.
February 2 -
Xoom, a digital payments company based in San Francisco, has begun offering money transfers to China.
February 2 -
BB&T in Winston-Salem, N.C., has received regulatory approval to buy Citigroup's remaining branches in Texas.
February 2
