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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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 -
Record deposit growth, improved expense management and strong revenue gains from mortgage banking boosted Umpqua Holdings' profits in the third quarter.
By Alan KlineOctober 20 -
Comerica is gaining momentum after a rough start to 2016.
By Alan KlineOctober 18 -
EverBank Financials first-quarter profits more than doubled from the same period last year as strong loan growth more than offset a sharp drop in income from servicing mortgages.
By Alan KlineApril 27 -
The demand for affordable rental properties has long outstripped the supply, with the gap widening as incomes have stagnated, homeownership rates have fallen and rents have soared in recent years. But now, banks are finding a profitable path to helping ease this severe national shortage.
By Alan KlineJanuary 5 -
First Horizon National Corp. is getting closer to putting its mortgage woes behind it.
By Alan KlineApril 29