Bank channel

Vendors of social media compliance software are expecting a nice boost from the FFIEC's complex new rule proposal.

Dallas should be a dream market for independent advisors. But unlike the San Francisco, it has not been as hospitable to independent wealth management firms.

Brian T. Moynihan, who endured record losses and public thrashings while cleaning up Bank of America Corp.’s mortgage mess, said he wouldn’t mind being chief executive officer of the lender forever.

Wells Fargo weathered a cyberattack on Tuesday that left some of the company's customers unable to log in to their accounts.

Michael Cabanas, a former managing director at Fiduciary Trust International, will be responsible for sales in the firm’s Southeast US region.

Projections call for a 1.9% economic growth rate, below the 2.2% average growth in the first three years of recovery since the Great Recession: TD Economics.

Anne Copeland, the newly appointed head of Private Wealth Management, anticipates a “good bit of organic growth” from one of the most basic of business activities.

In 2012, banks sold $1.6 billion in life insurance premium, the second highest annual production level ever in the bank channel.

ING Direct CIO Charaka Kithulegoda says the only problem with allowing users access to online banking through Facebook is the perceived stigma.

In 2012, banks sold $29.6 billion in annuities, down 20% from 2011. Fixed annuities fell 33% to $11.9 billion, while variable annuities slipped 10% to $17.7 billion.

Federal Reserve Board Chairman Ben Bernanke on Wednesday said regulators would take additional steps to eliminate the problem of "too big to fail" if current efforts fall short.

The Pasadena-Calif.-based bank decided to move its program because of Cetera’s technology platform, product menu, reporting capabilities and the training it provides advisors.

U.S. Bancorp has agreed to purchase Deutsche Bank's municipal bond trustee business, which has about $57 billion of assets under administration and 1,100 trust and agency contracts.

Wells Fargo CEO John Stumpf said banks are no longer "too big to fail," and admonished fellow bankers to accept the existence of the Consumer Financial Protection Bureau.

The anger against the country's biggest banks is ready to boil over, Harris Simmons, the chairman and chief executive of Zions Bancorp., warned Wednesday.

Umpqua Private Bank plans to add 20 to 25 private bank advisors over the next five years, a move it anticipates will help grow the business to more than 10 times its current size.

The system isn’t falling apart, but clients in their 60s have more personal concerns at heart—and you need to be able to answer their questions.

Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.

Ty Schlobohm and Mark Ambrose joined as private client advisors, while Mark Broderick joined as a private client consultant.

Program managers and bank advisors may not agree on everything, but most likely they see eye-to-eye on one thing: the desire to increase an advisor’s production.