Dean Anason is managing editor of American Banker. In two stints at AB that span nearly 17 years, Anason has been National and Consumer Finance editor, M&A editor, Washington bureau chief and Capitol Hill reporter. He was an assistant business editor at The Atlanta Journal-Constitution in between and began his career as the health care reporter for Atlanta Business Chronicle. He is based in his hometown of Atlanta, and can be reached at 770-621-9935.
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Leadership transitions are underway at one of the largest banks in the country (Truist), the second largest credit union (State Employees Credit Union), a big energy lender (BOK Financial) and several smaller financial institutions. Here's a look at nine new, or soon-to-be leaders and the challenges that lie ahead.
By Dean AnasonSeptember 23 -
JPMorgan Chase has named two executives to key technology posts, including the first Black chief information officer of a company unit; Ally Financial's chief digital officer has bolted for Live Oak Bancshares; and Amalgamated Bank has landed a veteran Australian banking executive as its new CEO.
By Dean AnasonMay 13 -
Two decades ago, before Jamie Dimon & Co. towered over the industry, the sale of JPMorgan to Chase Manhattan was seen by some as the downfall of the most prestigious U.S. bank. In a new book, Nicholas P. Sargen, a former economist there, offers a cautionary tale of a management team that did many things right yet failed to avoid a takeover.
By Dean AnasonMarch 31 -
The deal would create a $168 billion banking company in the Midwest and be the latest in a string of regional bank combinations.
By Paul DavisDecember 14 -
Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks. But others warned of weakness in key sectors such as energy and real estate, and said forbearance policies may be hiding potential pitfalls.
By Jon PriorJune 9 -
Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.
By Alan KlineJanuary 12 -
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well as other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.
By Dean AnasonMay 15 -
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 -
CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.
By Alan KlineJanuary 8 -
Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them.
By Alan KlineDecember 2