Marc Hochstein became the editor-in-chief of American Banker in July 2014. He joined the publication in 1998 as a reporter covering mortgages and has steadily added responsibility over the years. At one time or another he has overseen 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 chairs SourceMedia's successful Blockchains + Digital Currencies conference series.
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.
David McLaughlin, founder and CEO of QuantaVerse, discusses how artificial intelligence can improve anti-money-laundering compliance; the problems of de-risking and "defensive filing" of suspicious activity reports; the Clearing House's proposal to reduce banks' AML costs; and more.