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The elections mostly delivered the status quo, but raised a host of questions about how lawmakers will tackle the fiscal cliff, big bank breakups and housing finance reform.

“Last night’s speech showed that he knows that he needs the whole country engaged and to work with him,” BNY Mellon Investment Management CEO Curtis Arledge said of President Obama.

Advisors can calm clients who wanted a Romney victory.

U.S. bank has added two new professionals to its super-wealthy business and hired a former Morgan Stanley Smith Barney officer for its business serving high-net-worth clients.

Elizabeth Warren, the CFPB architect and frequent bank critic, was elected late Tuesday to the Senate, much to the dismay of the financial services industry.

Despite President Obama's victory Tuesday, the Democrats' financial policy agenda over the next two years will be far more about defending their past achievements than scoring new ones.

First Republic will integrate Luminous Capital Holdings into First Republic Investment Management.

The Pa.-based community bank generated $8 million in revenue from wealth management in the third quarter, up 31.1% from $6.1 million in the same period last year.

But the increase comes from the fact that more banks began reporting for the first time— an apples-to-apples comparison is not so rosy.

Mid-sized banks that mostly let Wall Street and small firms speak for the industry during the debate over the Dodd-Frank Act have decided it’s time to carve out their own agenda in Washington.

Banks in areas hit hard by Hurricane Sandy have re-opened most of their branches. Now some of them are opening their checkbooks, too.

Jonathan Blackwood joined as a senior private banker, while David Noosinow joined as senior sales director to help develop business throughout Georgia and in Lexington and Louisville, Ky.

Why are there so few women at the top ranks of large banks? One factor: they lose hope. That needs to change, editor-at-large Barbara Rehm says.

As Invest Financial Corp. marks its 30th anniversary, some of its veteran representatives remember the early days and discuss how far the industry has come over the years.

The new practice management program includes retirement seminars, educational materials with action plans, online tools and a structured framework that financial advisors can follow with their clients, the company said.

As Hurricane Sandy makes its way inland, bankers from Virginia to Maine are now focusing on post-storm crisis management. Payrolls for late October are a key concern.

Kweku Adoboli, the former UBS AG trader on trial over a $2.3 billion trading loss, said his girlfriend encouraged him to confess his losses to managers while another trader on his desk told him to flee the country.

Citigroup Inc., the third-largest U.S. bank, said its office at 111 Wall St. will be unusable for weeks and that a building housing senior capital-markets executives lost power after Hurricane Sandy hit Lower Manhattan.

Updated to include information about LPL. While the Northeast hunkered down yesterday waiting for Hurricane Sandy, it was pretty much business as usual for bank advisors—or at least for their clients.

Microsoft's new operating system and tablet officially launches today. ING Direct in Canada already has a tablet and desktop banking app for Windows 8; Bank of America and USAA are developing them.