Kevin Wack is American Banker's national editor, and is based in southern California. He was formerly the publication's consumer finance reporter and its Capitol Hill correspondent. Earlier, he worked on financial policy in Washington. He has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine.
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Banks' latest annual reports, filed in the early weeks of the second Trump administration, provide a window into how the industry is adjusting to a new political climate.
By Kevin WackFebruary 27 -
Donna Ferrato stopped paying her mortgage more than 15 years ago, yet she's still living in her Manhattan condo. Her case is part of a broader power struggle between mortgage lenders and homeowners in New York state.
By Kevin WackFebruary 25 -
The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote in his annual letter to shareholders.
February 22 -
Until last month, Altadena was a flourishing melting pot. Now, with thousands of houses burned and no functioning banks, residents wonder if it will ever be the same.
By Nathan PlaceFebruary 7 -
The Bank of America branch in Altadena burned down last month. Now the bank must determine whether customers' prized possessions survived.
By Kevin WackFebruary 3 -
Jamie Dimon and Brian Moynihan are among the eight chief executives whose blunt, pithy or pugnacious turns of phrase made the year more colorful.
By Kevin WackJanuary 1 -
New bureau research digs into the fees that bettors get charged when they use credit cards to fund gambling accounts.
By Kevin WackDecember 17 -
Banks will feel the fallout from a court's decision to strike down a Nasdaq rule that would have mandated more disclosure about the racial and gender composition of corporate boards.
By Kevin WackDecember 13 -
Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
By Kevin WackDecember 11 -
The top executives at some of the nation's largest banks spoke Tuesday about their expectations for the second Trump administration. Deregulation, capital rules, tariffs and inflation were all prominent topics.
By Polo RochaDecember 10