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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It's accounting specifically purchase accounting, Gerard Cassidy of RBC Capital Markets says in a Q&A. The problem will persist until the economy and the real estate market improve further, he warns.
By Dean AnasonMay 8 -
Over the next 25 years, the U.S. economy will reinvent itself by returning to its agricultural roots. The big banks will stagnate in size. Banking as a whole will contract. Superregionals are coming back.
By Dean AnasonAugust 25 -
The McLean, Va., bank has agreed to buy the monoline U.S. credit card and private label credit card businesses of HSBC for $32.7 billion, according to press releases issued Wednesday by Capital One and HSBC. The purchase price represents a premium of $2.6 billion, or 8.75% premium of gross customer loan balances, the releases said.
By Dean AnasonAugust 10 -
Bank of America CEO Brian Moynihan on Friday defended large banking companies, arguing they are needed to help multinational companies based here and the U.S. economy in general.
By Dean AnasonOctober 12 -
JPMorgan Chase named a new chief financial officer Tuesday, part of an executive shuffle it said would help groom the company's future leaders.
By Dean AnasonJune 22
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