Charles Gorrivan

Charles Gorrivan is a Manhattan-based editorial intern at American Banker and a Dow Jones News Fund Business Reporting Fellow. He is a rising third-year student at the University of St Andrews, where he studies international relations and is an editor at its independent campus newspaper, The Saint. Last summer, he covered New York State and City politics at Gotham Gazette.

Consumer lending

Why SoFi may see limited gains from restart of student loan payments

High interest rates could dampen demand for refinancing, which took a hit during the pandemic-era pause in federal student loan payments. "Curb your enthusiasm," one analyst said.

By Charles Gorrivan

July 11

Bank technology

Can AI do the work of research analysts?

The technology that powers ChatGPT can sift through and even synthesize massive amounts of data, though it must overcome doubts over reliability, transparency and regulatory risk before it can be harnessed to conduct useful research.

By Charles Gorrivan

June 29

Commercial lending

Credit conditions expected to remain poor this year, bank economists say

The American Bankers Association's credit conditions index remained near historic lows despite a slight uptick in the most recent quarter. Pessimism pervaded the outlook for both business and consumer lending.

By Charles Gorrivan

June 16

Regulation and compliance

CFPB to propose open banking regulation in coming months, finalize in 2024

Consumer Financial Protection Bureau Director Rohit Chopra warned that "powerful firms" must not dominate the new open banking landscape.

By Charles Gorrivan

June 12