American Banker

American Banker is a Monday to Friday daily trade newspaper owned and published by SourceMedia, Inc. American Banker is headquartered in New York, N.Y. and was first published in 1836. Readers of American Banker are primarily high ranking banking executives and those with billions of dollars in assets. Seventy percent of American Banker readers hold senior management positions and 66 percent come from financial institutions, with 55.8 percent of those working in the commercial and retail banking sectors. Twenty-one percent of the readership control assets totaling $50 billion and above. The newspaper is published across the United States.In the 1960s, then-editor William E. Zimmerman traveled around the United States reporting on the civil rights movement by asking African-Americans what they needed from the banking industry and in turn interviewing local bankers to find out what services they were providing for African-Americans.In 1988, American Banker reported that the Japanese have the 10 largest banks in the world and that the U.S. banks, for the first time in three decades, were knocked out of the top 25 due to the falling dollar. Citibank, the largest bank in the U.S. at the time, fell from the 17th largest bank in the world to 28th, with $101.1 billion in deposits.American Banker was also the first national publication to report extensively on the fall of Penn Square Bank in Oklahoma City. Marc Hochstein is the Executive Editor, John DelMauro is the Vice President and Group Publisher, Richard Melville is the Group Editorial Director, Banking, and John DeCesare is the Group Publisher.

Articles from Vol. 175, No. 25, February 18

Bank M&A's New Breed: The Artful Negotiators
Byline: Robert Barba An architect of one of the signature bank M&A deals of 2013 summed it up as merely a conversation between two guys. "It was just Dick Collins and me," says Bill Crawford, the chief executive of Rockville Financial (RCKB)...
Banks Can Assist Pot Businesses, Fincen Says
Byline: Kevin Wack Federal authorities on Friday took their most forceful step to date toward bringing state-licensed marijuana businesses into the financial mainstream. The Financial Crimes Enforcement Network issued guidance that's meant to...
Banks Covet Deposits Ahead of Rate, Reg Changes
Byline: Andy Peters One of the basic functions of banking -- gathering deposits -- has taken on added importance. From Comerica (CMA) to First Republic Bank (FRC), executives have been preaching the necessity of collecting deposits. The reasons...
CVB's Targeted Hiring Spurs Loan Revival
Byline: Jackie Stewart CVB Financial (CVBF) in Ontario, Calif., has finally found its footing in lending. The key for the $6.7 billion-asset company has been a decision to make key hires in markets such as San Diego and Orange County and areas...
Hill Aims to Recreate Commerce Bank at Home and Abroad
Byline: Michael Sisk Vernon Hill is the closest thing the staid banking industry has to a rock star. He's unapologetically bold and bombastic. He lives large, in a palatial home that is one of the biggest private residences in the country. And...
Jumio Aims to Modernize Mobile Commerce with Camera Tech
Byline: Karen Epper Hoffman Shopping and banking on a mobile device has always been clunky, as processes designed for a full screen and keyboard have often been crushed inelegantly to fit a smartphone's much smaller screen. Jumio is working to...
Traffic Cop for Card-Linked Offers Aims to Fight Fraud
Byline: Mary Wisniewski A fledgling industry group formed to monitor retailer rewards programs linked to debit and credit card use is taking aim at combating fraud. The CardLinX Association on Monday released a set of guidelines that are directed...
Why 2014 Will Be the Year of Mergers of Equals
Among investment bankers, Sterne Agee has long been known more for research than for dealmaking. But that may soon change. It has been aggressively building out its stable of community banking M&A advisors over the past year, taking advantage of...
Why Obama's 'Voluntary' Cybersecurity Plan May Prove Mandatory
Byline: Joe Adler WASHINGTON - The Obama administration's new cybersecurity guidelines are billed as "voluntary," but they are unlikely to stay that way. The plan - issued last week by an agency of the Commerce Department - establishes a set...