Kevin Wack

Los Angeles

National Editor at American Banker

National Editor @AmerBanker; DM me for Signal or kevinwack at gmail dot com.

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Articles

Regional banks report Q1 earnings: Live coverage

1 week ago | americanbanker.com | Melinda Huspen |Kevin Wack

Thursday is scheduled to be the busiest day of banks' first-quarter earnings season. The banks that plan to report their quarterly results include the super-regional bank Truist Financial ; three Ohio-based regional banks, KeyCorp , Fifth Third Bancorp and Huntington Bancshares ; and Birmingham, Alabama-based Regions Financial .
Two SoCal credit unions plan to merge into $13B institution

1 week ago | americanbanker.com | Kevin Wack

Two Southern California credit unions are proposing a merger that would create the 16th largest credit union in the United States. San Diego County Credit Union and California Coast Credit Union said Friday that they plan to combine — pending the approval of regulators and members of the latter financial institution — in a deal that's expected to be finalized in early 2026.
Two SoCal credit unions plan to merge into $13B institution

2 weeks ago | today.westlaw.com | Kevin Wack

Two Southern California credit unions are proposing a merger that would create the 16th largest credit union in the United States. San Diego County Credit Union and California Coast Credit Union said Friday that they plan to combine — pending the...
RBC plans mortgage expansion under revised US strategy

4 weeks ago | americanbanker.com | Kevin Wack

Eighteen months after a string of hefty losses led to a management shakeup at a key U.S. subsidiary, Royal Bank of Canada executives pulled back the curtain Thursday on the company's revised U.S. strategy. The revamp involves cross-selling more products to clients, expanding in the mortgage business and continuing to concentrate on certain longstanding niches.
RBC plans mortgage expansion under revised US strategy

4 weeks ago | today.westlaw.com | Kevin Wack

Eighteen months after a string of hefty losses led to a management shakeup at a key U.S. subsidiary, Royal Bank of Canada executives pulled back the curtain Thursday on the company's revised U.S. strategy.
Animal welfare, DEI and more: Banks face votes on hot topics

1 month ago | americanbanker.com | Allissa Kline |Kevin Wack

It's again that time of year when banks face shareholder votes on a variety of controversial topics they'd prefer not to wade into. The number of shareholder proposals that made it onto the annual ballots of large, publicly traded banks is down this year following new Securities and Exchange Commission guidance that made it easier for companies to exclude proposals from their proxies.
Animal welfare, DEI and more: Banks face votes on hot topics

1 month ago | today.westlaw.com | Allissa Kline |Kevin Wack

It's again that time of year when banks face shareholder votes on a variety of controversial topics they'd prefer not to wade into. The number of shareholder proposals that made it onto the annual ballots of large, publicly traded banks is down this...
Two Miss. banks to merge as buyers eye southern part of state

1 month ago | today.westlaw.com | Kevin Wack

Two Mississippi banks on Friday announced plans to merge in a deal that would enable the acquirer to bolster its presence in the southern part of the state, where a larger competitor is also bulking up. BankFirst Capital Corp. said it will acquire The...
Green Dot's CEO exits, company to explore strategic options

1 month ago | americanbanker.com | Kevin Wack

The venerable consumer fintech Green Dot, which has endured a tumbling stock price in recent years, announced the departure of its CEO and a plan to explore strategic alternatives. George Gresham was the second CEO that Green Dot hired after founder Steve Streit led the company for 20 years and left at the end of 2019. Dan Henry, hired to succeed Streit, was fired in October 2022 and Gresham was promoted to the top post.
Green Dot's CEO exits, company to explore strategic options

1 month ago | today.westlaw.com | Kevin Wack

The venerable consumer fintech Green Dot, which has endured a tumbling stock price in recent years, announced the departure of its CEO and a plan to explore strategic alternatives. George Gresham was the second CEO that Green Dot hired after founder...