American Banker
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American Banker, a SourceMedia brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. Read the latest on the banking & finance industries in the U.S. with award-winning analysis and in-depth reporting by American Banker.
American Banker
18h ago
The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said ..read more
American Banker
18h ago
Mariya Rosberg is named Americas head of banking and financial services at Marsh McLennan's Oliver Wyman unit; startup ZayZoon raised $15 million in a new funding round; and more in the weekly banking news roundup ..read more
American Banker
18h ago
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction ..read more
American Banker
18h ago
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said ..read more
American Banker
19h ago
Once a prominent figure spurring financial institutions to engage in cryptocurrency, Bankman-Fried's downslide began with the collapse of the digital asset exchange FTX in late 2022 and hit rock bottom with his sentencing to 25 years in prison ..read more
American Banker
20h ago
In her new book, "Higher Ground," Alison Taylor, a business school professor, dives into how executives can grapple with thorny social and environmental challenges while ensuring an ethical culture within their companies ..read more
American Banker
20h ago
Senate Banking Committee Chairman Sherrod Brown faces a tough 2024 campaign to recapture his Ohio senate seat in a state that's increasingly Red. Can the same state that elected conservative populist firebrand J.D. Vance also re-elect Sherrod Brown? And what do the political undercurrents apparent in Ohio mean for banks ..read more
American Banker
21h ago
With the movement to clean energy under way in most industries, banks are paying closer attention to their clients' plans ..read more
American Banker
23h ago
Managers often find themselves frustrated that their expectations aren't being met. Instead of assuming the worst about employees, first ask yourself whether you have clearly expressed what you want from your team ..read more
American Banker
1d ago
The top five bank holding companies have combined total credit card loan portfolios of more than $705 billion ..read more