Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he worked as a copy editor and reporter for China Daily. He then returned to New York, where he earned his master's degree from the CUNY Graduate School of Journalism. Since then he's worked as a reporter for the New York Daily News and The Independent, as well as a video producer for the Daily Mail, the Daily Beast and Men's Journal.
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In the latest example of lenders rolling back their hybrid work policies, the nation's second-largest bank will soon require its employees to choose nonconsecutive days to work from home.
By Nathan Place26m ago -
For the first time in 17 years, the number of U.S. bank branches is on a sustained rise.
By Nathan PlaceAugust 11 -
At a time of rapidly rising prices, a number of credit-card companies are offering perks for buying gas, groceries and other basic necessities. The cards represent an opportunity for issuers, but also potential pitfalls.
By Nathan PlaceAugust 3 -
A 76-year-old PNC customer lost almost $400,000 to a scam involving gold coins and a fake bill for Norton Antivirus protection. Can the bank be held accountable for failing to help him?
By Nathan PlaceJuly 29 -
Two quarters after it merged with Synovus Financial, Pinnacle Financial Partners is keeping up the aggressive recruitment it's known for. Since the start of 2026, the company has hired 124 bankers.
By Nathan PlaceJuly 23 -
Until this quarter, car-loan delinquencies for the Detroit-based bank had been steadily dropping. But in the spring of 2026, that momentum showed signs of slowing.
By Nathan PlaceJuly 21 -
The capital markets business, loan growth, credit quality and an improved macroeconomic outlook were all factors in the industry's strong second-quarter results.
July 20 -
Banks use artificial intelligence to do many different jobs. At Fifth Third, the technology is supervising the biggest post-merger integration in the bank's history.
By Nathan PlaceJuly 17 -
In its latest 2026 guidance, the Pittsburgh-based bank predicted an increase in income, but also an uptick in expenses. Much like JPMorganChase, which made a similar revision to its forecast this week, PNC views the two trends as inseparable.
By Nathan PlaceJuly 15 -
For the banks involved in the record-shattering IPO, this year's second quarter was marked by a spike in investment banking income.
By Nathan Place and Jasmine NiJuly 14 -
Two investors are in open revolt over what they see as inaction and underperformance at United Bancorporation of Alabama. Among their demands: more stock buybacks, lower expenses and new faces on the board of directors.
By Nathan PlaceJuly 8 -
Oklahoma's Bank7 may acquire New Mexico's Century Bank by the end of the year. The reason: A wealthy Century shareholder is being forced to sell his shares to satisfy a $40 million debt.
By Nathan PlaceJuly 6 -
The Alabama company has a long history of absorbing smaller firms with special skills. Acquiring the investment bank Frazer Lanier, an analyst said, is another example of that strategy.
By Nathan PlaceJuly 2 -
As a subsidiary of Bank of America, Merrill uses a BofA software program to monitor and report suspicious activity. For years, the Securities and Exchange Commission says, that program fell short.
By Nathan PlaceJune 30 -
Lately there's been a sea change in how tech companies charge for AI, and some banks are balking at the cost. Here's a look at how lenders can rein in their spending.
By Nathan PlaceJune 29 -
In 2024, a Honduras-born man who was buying a motorcycle was turned down for a loan. Two years later, Truist Financial is facing a discrimination lawsuit — and the plaintiff's lawyer says many lenders are vulnerable to the same accusations.
By Nathan PlaceJune 24 -
New York State's attorney general has reached settlements with the two banks, which will pay a combined $90,000 in penalties in connection with alleged violations of rent stabilization laws.
By Nathan PlaceJune 23 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
By Nathan PlaceJune 18 -
BofA is using an old-school method to battle the world's newest scams: in-person seminars, taught at brick-and-mortar branches.
By Nathan PlaceJune 16 -
The super-regional bank is increasingly building AI on its own. The point, CEO Bill Demchak said this week, is not just to foster innovation but to protect the bank from rising costs.
By Nathan PlaceJune 11




















