Marc Hochstein was the editor-in-chief of American Banker from July 2014 to September 2017. He joined the publication in 1998 as a reporter covering mortgages and steadily added responsibility over the years. At one time or another he oversaw American Banker's coverage of consumer finance, payments and community banking; the vibrant opinion blog BankThink; the wildly popular Morning Scan newsletter; and the reinvigoration of SourceMedia's mortgage publications. Marc was responsible for some of the earliest serious coverage of bitcoin anywhere and chaired SourceMedia's successful Blockchains + Digital Currencies conferences from 2014-2017.
Financial institutions increasingly depend on large tech companies such as Google and Apple for infrastructure, said the group that runs the World Economic Forum, stopping well short of recommending regulatory changes.
Social Finance’s application for an industrial loan charter has not only drawn opposition from a coalition of incumbent banks and community activists, it also serves as a microcosm of several perennial debates in financial services policy.
The CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence, the case for starting new banks and the enduring value of branches.