Allissa Kline is a Staff Writer at American Banker. She covers national and regional banks, focusing on commercial and retail banking trends, as well as corporate finance and investment strategies. Kline's work has been featured in notable publications including Digital Insurance, Employee Benefit News, and Yahoo Finance.
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Allissa Kline's coverage mostly centers around banking, financial institutions, mortgage companies, fraud and technology in the context of the finance & economy and business & industry. Her articles often cite data, press releases, government announcements and legal policy regulations.
Given her focus on these topics within the United States' finance sector and reliance on data-driven insights from official sources such as press releases or government announcements, she may be interested in receiving pitches that offer expert analysis or commentary on recent trends in banking technology innovation, changes in regulatory policies impacting financial institutions or mortgage companies. Additionally, providing relevant data to support any claims could enhance a pitch directed at her.
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Goldman Sachs, Bank of America, Wells Fargo and Truist are facing pressure from ISS, Glass Lewis and SOC Investment Group over their 2024 pay packages.
The first three months of the year coincide with the start of President Donald Trump's second term in office. Investors are likely to be more interested in banks' outlooks amid swings in tariff policy than the first-quarter results.
The chief executives at four of the nation's largest banks weighed in on what evolving trade policies mean for their businesses and the U.S. economy. "I think you have to be a little bit pessimistic here," said Bank of New York Mellon CEO Robin Vince.
The Minneapolis-based parent company of U.S. Bank achieved positive operating leverage during the first quarter as revenues outpaced expenses.
One day after taking the helm as CEO, Gunjan Kedia was candid about the company's lagging stock price, telling analysts that she is "not happy" with it.
lowered its revenue expectations for the year, citing a material slowdown in investment banking and capital markets activity and the anticipation of less net interest income.
The Dallas-based regional bank doesn't plan to halt in-progress investments, but it may adjust the pace of spending this year, depending on which way the economy goes. It also made downward revisions to its outlook for average loans, net interest income, fee income and expenses.
First Citizens BancShares is sticking with its share repurchase strategy, with executives saying Thursday that buybacks are the best way to return
The Long Island-based regional bank's net loss narrowed from the first quarter of 2024, while CEO Joseph Otting said the company continues to make progress in its turnaround journey.
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