American Banker Earns Six Honors from SABEW

SourceMedia Flagship Wins Prestigious ‘General Excellence’ Recognition

March 3, 2014, NEW YORK – American Banker earned top honors in the 2013 Best in Business Awards sponsored by the Society of American Business Editors & Writers (SABEW). A flagship brand of SourceMedia and the leading information resource for the banking industry, American Banker won the General Excellence award for newspapers in its division.

The brand also received Finalist citations in five other categories, including Investigative and Explanatory journalism and Breaking News.

In its statement announcing the awards, SABEW emphasized American Banker’s unique and sophisticated business coverage: “American Banker provides innovative finance coverage on everything from leveraged loans to force-placed insurance. Journalists write with authority and institutional knowledge on a variety of policy issues from the fate of Fannie Mae and Freddie Mac to the impact of Dodd-Frank on the industry — often with angles that won’t be found anywhere else. Bravo!”

American Banker delivers industry news, analysis, data and perspective at AmericanBanker.com, and in its daily edition and monthly magazine. SourceMedia is a digitally-focused diversified information and marketing services company serving the financial services industry and other related markets.

“The General Excellence citation provided by the SABEW judges captures the essence of our editorial mission,” said SourceMedia Chief Content Officer David Longobardi. “Delivering exclusive perspectives on the industry is an essential element of the value we deliver to our readers.”

American Banker was honored in the following Division 1 categories:

  • Newspapers General Excellence: Winner, Editorial Staff, American Banker
  • Magazines Explanatory: Finalist, Jeff Horwitz, Maria Aspan, for “The Bank Doctor”
  • Newspapers Breaking News: Finalist, Maria Aspan, Jeff Horwitz, for “Chase Halts Card Debt Sales Ahead of Crackdown”
  • Newspapers Explanatory: Finalist, Kevin Wack, for “How Big Banks Killed a Plan to Speed Up Money Transfers”
  • Newspapers Investigative: Finalist, Kate Berry, Jeff Horwitz, for “Housing Group Taps Dubious Data, HUD Ties to Demand Millions from Banks”
  • Newspapers Investigative: Finalist, Kate Berry, for “Buried in Fine Print: $57B of FHA Loans Big Banks May Have to Eat”

“Winning awards for individual stories is great. Even better is the judges’ recognition of the unique banking and finance coverage we collectively strive to produce every day,” said Neil Weinberg, Editor-in- Chief of American Banker.

American Banker’s six honors made it SABEW’s fourth most-honored media company for the year, behind Bloomberg, The New York Times, and Reuters. SABEW received a record 1,123 entries from 181 news outlets across 72 categories and honored 150 submissions. The full list of honorees is available at: http://sabew.org/2014/02/2013-bib-winners-list/

The Society of American Business Editors and Writers is a nonprofit member organization headquartered in Phoenix at Arizona State University’s Walter Cronkite School of Journalism and Mass Communication. Awards will be presented March 29 at the 51st annual SABEW conference in Phoenix.

About American Banker

American Banker is the banking industry's most powerful information resource providing news, analysis, and opinion on the business of banking. For more than 175 years, American Banker has covered the people, trends, regulations and technologies driving the industry, helping readers keep pace with changes and opportunities in the marketplace. Today, content is delivered throughout the day, online and via mobile devices; in print via the daily American Banker newspaper and the monthly American Banker Magazine; and through online and live conferences and seminars.

About SourceMedia

SourceMedia, an Investcorp company, is a business-to-business media company serving the financial industry and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional information services – both print and digital – industry-standard data applications, in-depth seminars and conferences, research, and specialized marketing services.