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. 178, No. F301, January 3

AT&T's Bid to Intertwine Its Services with Mobile Banking Apps
Byline: Penny Crosman AT&T would like to partner with banks on their mobile banking apps, providing a range of hosted services from call recording to videoconferencing to geolocation services to mobile identity verification. The telecom launched...
Bank Director Arrested in Georgia
Byline: Sarah Todd A former bank director accused of spearheading a massive investment scheme was arrested after a year and a half on the lam. Police in Glynn County, Ga., caught Aubrey Lee Price on Tuesday when they stopped his vehicle for a...
Banks near Victory in Fight over Volcker Rule Provision
Byline: Rob Blackwell WASHINGTON -- Regulators are hoping to release an interim final rule next week designed to satisfy banker demands to change a provision of the Volcker Rule that threatens to force smaller institutions to take millions of dollars...
Credit Union Files Class Action against Target for Card Data Breach
Byline: Ray Birch Alabama State Employees Credit Union has filed the first class action lawsuit by a financial services company against Target Corp. over costs from the massive card security data breach the retailer suffered from Black Friday to...
Former Colorado Bank Regulator Discusses Dodd-Frank, Pot, Bitcoin
Byline: Robert Barba DENVER -- Fred Joseph, a longtime regulator to Colorado's financial services industry, started 2014 as a free agent. On Dec. 31, Joseph retired as the banking and securities commissioner for the state's Department of Regulatory...
Mortgage Servicers Face More Heat under Settlement
Byline: Kate Berry So far, the big mortgage servicers have received stellar report cards for their compliance with the $25 billion national settlement. That could change this year as testing gets tougher -- potentially costing these companies further...
Will the Regulatory Screws Loosen in 2014?
Byline: Joe Adler WASHINGTON -- Bankers have almost become used to the intense growth of new rules in the five years since the financial crisis, but some see a light at the end of the tunnel as the agencies inch toward the end of Dodd-Frank rulemakings...