Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
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Their immediate effort is to ensure colleagues and clients are safe and that banking services are available to hurricane victims. The next big issue is preparing for the financial hit banks and customers will take from wind and water damage.
August 28 -
Three years after guiding the Baltimore bank through bankruptcy, the group that recapitalized it found a similar institution eager to form a new partnership.
August 15 -
Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be.
August 11 -
The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.
July 25 -
On the first big day of 2Q results, bankers said their investments in middle-market lending have started paying off. JPMorgan Chase and PNC have added commercial loan officers in new markets across the country.
July 14 -
Seeking to stay below $50 billion, the regional is selling its origination and servicing businesses.
June 27 -
Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."
February 7 -
The New York company may struggle with profitability as it decides whether to find a new buyer.
January 26 -
Profits at Astoria Financial in Lake Success, N.Y., fell along with net interest income in the fourth quarter.
January 26 -
The phrase "it is what it is" came up several times as CEO Joseph Ficalora addressed analysts' questions about nixing plans to buy Astoria and the challenges of getting another deal done.
January 25