Royal Bank of Canada, the first Canadian lender to report third-quarter results, said profit rose 4% to a record, led by investment banking, and boosted its dividend by almost 6%.
Municipal Market Advisors' recent research on ratings seems to counter recently raised concerns that Standard & Poor's ratings for some local governments may be too high and out of step with current credit conditions.
Bank of America must pay a record amount for mortgage-related claims, but the accord still leaves questions about tax liability and other banks in the government's crosshairs.
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As his private equity owners start to look toward an exit, the founder seeks to bring in new management to position the firm for growth.
A majority of Cicily Maton's clients come to her when a pile of money falls into their laps. But unusual circumstances create special issues.
Michelle Smith explains the advantage of specializing in divorce planning.
Two Morgan Stanley advisors managing $348 million in assets have left to join Wells Fargo Advisors.
A generation shift could also create issues for community banks that are in search of fee income.
Investors have returned to equity funds now that the financial meltdown is a distant memory.
Credit unions generated more revenue from investment sales based on deposits than did banks large enough to own their broker dealer.
One advisors story of discovering a fundamental truth: Personality fit is crucial to achieve professional success
HomeTrust Bank faced a legal challenge from HomeTown Bank after it entered southwestern Virginia. The now-resolved dispute serves as a reminder that banks must be aware of branding challenges when they enter new markets.
A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley.
Like a few other banks with similar initiatives, Wells Fargo is not counting on a financial return for its new accelerator program. Rather, it's looking for more intangible benefits.
Bank of America Corp. will pay $16.65 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis, the Justice Department said.
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Use investors habits and mental preconceptions to tailor financial plans that will work well for them individually.
Branch managers in Ferguson, Mo., are coping with modified hours and the presence of law enforcement and the Missouri National Guard. Bankers are dedicated to staying open in an area where branches are particularly important to customers.
The St. Petersburg, Fla.-based firm's independent broker/dealer has recruited veteran advisors James L. Switzer and Eric M. Cobb from Morgan Stanley.