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.
By Nathan PlaceFebruary 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.
By Nathan PlaceFebruary 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.
By Nathan PlaceFebruary 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.
By Nathan PlaceFebruary 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.
By Nathan PlaceFebruary 5 -
The Bank of America branch in Altadena burned down last month. Now the bank must determine whether customers' prized possessions survived.
By Kevin WackFebruary 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.
By Nathan PlaceJanuary 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.
By Nathan PlaceJanuary 27 -
Just weeks after closing its purchase of Independent Bank Group, SouthState reported higher than expected earnings per share for the fourth quarter.
By Nathan PlaceJanuary 24 -
After the tumult of buying PacWest Bancorp, Banc of California is not only profitable again but surpassing Wall Street's expectations.
By Nathan PlaceJanuary 23