Bank channel

The wealth manager is moving to a larger office space to accommodate growing business in Florida.

The move is part of BNY’s previously announced plans to expand its nationwide sales force by 50% over the next 18 months.

Many banks are at a crossroads now on whether to stay independent or sell—but for those banks that raised money to buy others, the pace of consolidation has been a drag.

In the first half of 2013, they generated $283.3 million in revenue, the most they’ve made in the first six months of any year since 2007.

The Tupelo, Miss.-based financial holding company selected Infinex Financial Group to manage its investment services program.

Umpqua Holdings' agreement to buy Sterling Financial is the latest in a series of deals this year to pair similarly sized banks, creating a new crop of midsize financial institutions.

In 2012, they generated an average of $262,972 in revenue, beating advisors in similar-sized banks that partner with third-party broker-dealers.

FirstMerit, M&T Bank and New York Community Bancorp are buyers in different stages of the acquisition process, and their executives together provided an insightful look into the full M&A experience this week.

The bank recently made a series of moves to woo the long-neglected mass-affluent customer.

Morgan Stanley will get another $57 billion of deposits from Citigroup as part of its Smith Barney purchase and plans to increase securities lending, commercial real estate, corporate and warehouse lending.

Higher rates would help bring relief to bankers who’ve seen lending margins squeezed and expenses pushed up by new technology and regulations.

To help investors cut through the clutter of ETFs on the market, Merrill Edge devised a list of 61 high-quality ETFs from which they can build their own portfolios.

Citi Private Bank nabs talent from J.P. Morgan and Abbot Downing to serve the super wealthy in key markets.

Regions remains on the hook for litigation tied to Morgan Keegan, which it sold last year to Raymond James Financial.

Five years ago, we experienced the worst market meltdown in our lifetimes. Here we share lessons learned from bank advisors and tips on how they’ve changed their practice from better managing the debt portion of clients’ portfolios to tuning out the hysteria of the media.

Failures, mergers and charter consolidations have all played a role in the latest decline, but what's really driving down the numbers is the lack of de novos.

Alex Kramer joined the Private Client Reserve to lead a team of 10 advisors as managing director.

The firm promoted two executives to newly created regional posts based in Naples and Miami.

The strength of America's financial system is a result of the diversity of its players, but that diversity won’t survive if our nation continues down the path of one-size-fits-all regulatory reform.

The bank’s new chief investment strategist is assessing the product platform and is looking to expand Webster’s investment offerings.