Bank channel

U.S. banks with $50 billion of assets or less will probably pursue more mergers in the next 18 months to contend with higher regulatory costs and competition for loans, Fitch Ratings said.

Banks could boost the profitability of their wealth management programs if they integrated their private banking, trust and brokerage businesses.

One expert predicts that at least half of the top 30 U.S. banks will move advisors to a salary-based compensation system in the next two to three years.

The Boston company said it is realigning to better serve advisors in the independent, bank, broker-dealer and family office channels.

UBS AG, the Swiss lender shrinking its investment banking business, overtook Bank of America Corp. to top a ranking of the world’s biggest wealth managers compiled by Scorpio Partnership.

For years banks treated certificates of deposit almost as an afterthought. But with loan demand expected to pick up with the economy, some are eyeing ways to lock investors into longer-term CDs now — before rates inevitably rise.

Wealth management advisors must strike a balance between recognizing investment differences between men and women and avoiding stereotypes when courting female prospects.

The Milford, Mass.-based bank was drawn to Infinex’s technology and lead generation process.

JPMorgan Chase's and U.S. Trust's mobile apps for high-net-worth individuals shared the top ranking among U.S. firms in a report published Monday by MyPrivateBanking Research.

Sen. Elizabeth Warren may have a reputation as the banking industry's toughest foe, but behind the scenes she's formed a growing alliance with community banks, a widespread and politically powerful group.

The Office of the Comptroller Currency ordered JPMorgan Chase to refund fees to certain retirement account customers whom it steered into its own mutual funds. The move reflected regulators' broader concerns about conflicts of interest in its giant asset management business.

Is bank management on the same page as you? And what can you do to help keep your book of business strong?

Timothy Throckmorton will oversee and help grow the personal trust and estate administration business.

While most see HSBC’s decision to change advisor compensation to salary and bonus as risky, some see merit in the move.

Regulators are paying increasing attention to cyberthreats facing financial institutions, but many bankers are only just beginning to notice.

Those popular annuities and their guarantees became too expensive for the so-called manufacturers to offer. Some got out of the game and those that remain have cut back on features. What can an advisor do?

What can a credit union advisor do when dealing with mass-market clients? Kevin McDermott convinced his boss to hire more staff-and then had to justify the expense.

The Atlanta company plans to put financial counselors in its branches as part of a pilot program with Operation HOPE, a nonprofit that works to provide financial literacy training to low-income families.

Financial advisors working in banks and credit unions are likely to be paid on the basis of their production over the past six or 12 months, marking a dramatic shift in how advisors are compensated, according to data from Kehrer Saltzman & Associates.

The San Francisco-based regional bank extended portfolio management and asset allocation services to clients with $50,000 in investable assets.