Bank channel

The investment bank, founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth-management unit.

One recruiting advantage that banks enjoy is a “minor league” of sorts. Unfortunately, it’s ignored too often.

The trade association representing credit unions believes that the Financial Accounting Standards Board’s recent proposal to redefine the meaning of a public business entity could open the door to more appropriate accounting standards for credit unions.

The Houston company is finding that its recent deals — which allowed Prosperity to expand in highly coveted businesses such as private banking and cards — are producing a nice boost to fee income.

The Federal Reserve governor leading the central bank’s effort to tighten financial regulation has a decision to make as its governing board is reshaped: Should he stay or should he go?

As a good bank in a hard-hit state, Gulfstream Bancshares focused on getting in the best shape to be above reproach to potential buyers. The strategy worked, and its agreement to sell itself to CenterState could embolden others.

Twitter, Facebook, and LinkedIn conversations don't come easily to banks. Here's a look at a few common missteps made in financial services.

A British charity sued a Bank of New York Mellon Corp. unit that managed its funds, saying risky investments caused losses of about 7.9 million pounds ($12.2 million).

Online banking has passed a milestone in the U.S. — more than half of adults now use it, according to a report released Wednesday by Pew Research Center.

Citi named two senior managers from rival institutions directors and ultra-high-net-worth private bankers.

The new appointments are part of a larger initiative by the bank to grow market share in local markets from Maine to Florida.

The bank wants to make acquisitions in central Florida, but CEO Michael Micallef keeps hitting snags with loan books, cultural fit and deal structure.

Over the next 12 months, it plans to open four more wealth management centers, possibly outside its current footprint.

In recent months more than a dozen senior officials have left the agency, including its chief of staff, Garry Reeder, and chief operating officer, Victor Prince.

You must spend money to make money, the saying goes. Analysts just wish community banks would spend a lot less.

Ascent Private Capital Management has hired four managing directors, each supported by a national advisory team of more than 30 wealth experts.

Taking a cue from fashion designers, tech companies and others, PNC has opened a temporary pop-up branch to introduce its brand and its digital services to a relatively unexplored market for the Pittsburgh bank: Atlanta.

KeyCorp has sold its asset management and broker-dealer businesses for more than $50 million less than originally anticipated.

Barclays Plc is joining Citigroup Inc. and UBS AG in targeting millionaire clients in Africa as the continent’s fastest-growing economies swell a rich list topped by billionaires Aliko Dangote and Johann Rupert.

Setting realistic expectations for clients up-front is crucial to the relationship and can help you bring in new business.