Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
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Sandler and his wife, Marion, built a small California thrift into a powerhouse before selling it to Wachovia prior to the housing collapse, but were heavily criticized for engaging in some of the same practices that caused the financial crisis.
By Alan KlineJune 5 -
Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.
By John HeltmanMarch 28 -
While student, auto and credit card balances are at or near record levels, housing debt is shrinking, credit quality is weakening a bit and lending standards, at least in some sectors, are tightening.
By Alan KlineFebruary 19 -
Strong demand for business and multifamily loans, combined with double-digit growth in wealth management revenues, more than offset rising expenses.
By Alan KlineJuly 13 -
Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal?
By Alan KlineJanuary 24 -
Consumers’ desire to shop online is creating huge demand for distribution centers and forcing property owners to think creatively about redeveloping vacant retail space. Meanwhile, hundreds of billions of dollars will be spent rebuilding areas hard hit by hurricanes and wildfires.
By Alan KlineDecember 27 -
The Columbus, Ga., company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One.
By Alan KlineApril 18 -
Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.
By Alan KlineApril 13 -
Bankers and housing advocates say many low-income housing projects simply won't get built if the White House and Congress move to eliminate two federal block grant programs.
By Alan KlineMarch 15 -
BankUnited said that its fourth-quarter earnings increased 12% from the same period in 2015, to $63.3 million, as strong gains in interest income more than offset rising expenses and a sharply lower gain on sales of loans.
By Alan KlineJanuary 25