Bank channel

Yves Cochez will manage the bank’s portfolio management team and set the overall direction of investment management for high-net-worth clients.

Amid intense competition for high-net-worth clients, the Private Client Reserve is ramping up its marketing efforts to differentiate itself from rivals.

The firm has hired four wealth sales directors in Los Angeles and Newport Beach to drum up business.

There were a dozen critically undercapitalized banks at the end of the first quarter, according to Trepp, a data analysis firm in New York. Regulators are compelled to close banks when their capital gets that low. Several have failed in recent weeks, while one found a buyer.

First the good news about the wealth management fever that's sweeping the U.S. banking industry: there are real opportunities for banks that can adapt quickly. The bad news? Competition is fierce.

A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.

Elise Fortin, Umpqua Private Bank’s newly appointed leader in Seattle, believes that Umpqua’s “high-touch” offerings will resonate well with business owners and Gen X investors.

Many banks plan to add to their branch networks over the next few years even though all the evidence suggests that foot traffic is declining and that most banking transactions are now conducted online.

JPMorgan Chase & Co. named Erik Bisso to run the bank’s chief investment office for North America, filling a vacancy created last year when Irene Tse left to start a hedge fund.

Steve Felchle and Jason Ernst, formerly with Wells Fargo, bring the total number of financial advisors at USBI to 532, up from 480 in July 2008.

Steven Wieting, managing director and U.S. economist in Citi Research, will be responsible for formulating investment strategies for the business and its clients around the world.

Banks may be about to endure yet another cyberattack by hacktivist groups.

M&T generated $546 million in wealth management income in 2012, nearly three times the $187 million it produced prior to the acquisition of the trust company powerhouse.

The new trust office in Wilmington will provide personal trust services for high-net-worth clients with more than $1 million in investable assets.

Elise Fortin, a former executive of Wells Fargo Private Bank, will be responsible for leading Umpqua Private Bank’s expansion in the Puget Sound region.

What drives the success of a bank program? Advisors who view it as an opportunity to grow their own business, says Paul Restante, program manager of Community Bank in upstate N.Y.

As a program manager at Citi Personal Wealth Management , Drue Anderson sees himself as an "advocate for greatness."

The most remarkable change that Leo Iaocabelli, president of ESL Federal Credit Union's investment program, has witnessed over the years is the change in the expectation investors have of financial advisors.

It was only in June 2011 that Investors Bank launched its investment program. But it's been tremendously successful so far, largely because of the support and backing of senior management, says Glenn Brodwater, vice president and director of retail investment services.

From the ball field to Sunday service, BNA's Mike Alef is an Everyman figure in the world of financial planning.