J.P. Morgan Securities Hooks Regional Director From HighTower
Frank Epinger will oversee the firm's downtown Los Angeles, Century City, Newport Beach and Santa Barbara offices.
More in Bank Channel
Whenever a comparison has come up in past conversations, big banks usually get the nod due to better technology, name recognition or higher pay grids. But small banks have a lot of fans too. more »
Advisors who work for larger institutions tend to cover fewer branches, which allows them to focus on service and increase production. more »
Big banks have a lot to offer advisors, including name-brand recognition and often superior technology. But the smaller banks have their own set of perks, such as less bureaucracy and the chance to spend more time with family. more »
Jack Hartings is a vocal proponent of reduced regulation for small banks. But the CEO of Peoples Bank in Ohio wants Washington to force other industries to share the burden of improving cybersecurity and cleaning up after breaches. more »
The Northeast has always been a competitive market for deposit gathering. Loan growth and the potential for rising interests are forcing banks in the region to find new ways to bring in low-cost liquidity. more »
As their interest income dwindles, banks are looking to bulk up their wealth management businesses in a bid to boost their fee-based revenue. more »
The firm agreed to pay $2.6 billion to settle probes into its creation and sale of residential mortgage-backed securities. more »
A French prosecutor recommended charges for complicity in tax fraud and aggravated money laundering tied to a trust overseen by the firm's office on the island country. more »
Wealth-management profits fell 2.1% to C$230 million, after recording C$27 million in restructuring costs for its U.S. and international operations, while insurance earnings rose 18% to C$185 million. more »
While many of the fundamentals of bank programs haven't changed much, the products, technology and sophistication of advisors and clients alike have increased exponentially. more »
JPMorgan Chase, the biggest U.S. lender, is closing more than 5% of its branches as the firm cuts costs and as more consumers use digital devices to bank. more »
The megabank's commitment to its branches stands out in an industry where customers are shifting more of their banking activity to mobile devices and PCs, and where banks take an increasingly ruthless look at branch performance numbers. more »
Steven J. Dunkelberg was barred for allegedly swiping nearly $5,000 from a bank customer's account. He's the third rep to be ousted from the industry this year. more »
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