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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When a house is lost, so is much of the collateral on the mortgage. Here's how both lenders and homeowners can bounce back.
February 20 -
Serious delinquencies on auto loans rose to almost 3% in the fourth quarter of 2024, according to the New York Fed. Researchers blame the affordability problem on soaring car prices.
February 13 -
For the first time since the Eaton Fire erupted more than a month ago, Altadena has a bank branch that's open for business.
February 13 -
Until last month, Altadena was a flourishing melting pot. Now, with thousands of houses burned and no functioning banks, residents wonder if it will ever be the same.
February 7 -
Just days after UMB Financial completed its acquisition of Heartland Financial, CEO Mariner Kemper spoke about how the deal came together and the combined bank's future.
February 5 -
The Bank of America branch in Altadena burned down last month. Now the bank must determine whether customers' prized possessions survived.
February 3 -
In the fourth quarter, UMB Financial's earnings outpaced Wall Street's estimates — but the bank it's acquiring, Heartland Financial, fell short of them.
January 29 -
Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives.
January 27 -
Just weeks after closing its purchase of Independent Bank Group, SouthState reported higher than expected earnings per share for the fourth quarter.
January 24 -
After the tumult of buying PacWest Bancorp, Banc of California is not only profitable again but surpassing Wall Street's expectations.
January 23 -
The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.
January 16 -
As Donald Trump returns to the White House, Goldman Sachs is looking forward to the "improving regulatory backdrop."
January 15 -
It's not just JPMorgan Chase. Across the industry, banks are rethinking their remote-work policies — but experts say it won't be easy to turn back the clock.
January 15 -
As the flames continued to spread, banks closed more branches while others donated to relief efforts.
January 9 -
JPMorgan Chase, U.S. Bancorp and others shut some branches as wildfires tore through the suburbs of Los Angeles.
January 8 -
A customer claims the Massachusetts bank fined her numerous times over a single botched purchase. The bank paid her back — but her class action lawsuit isn't going away.
January 7 -
After an aborted attempt to set up its own bank, Edward Jones is joining forces with Citi to provide savings and checking accounts for clients.
August 17 -
As he updated RBC shareholders on a disappointing quarter, CEO Dave McKay cited the U.S. banking crisis and gridlock over the debt ceiling.
May 25
