Bank channel

The world’s largest international wealth management firms performed better than lower-tier firms on many fronts, including net new money and pre-tax profit growth.

Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.

Provident New York Bancorp in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.

Citigroup's second-quarter income fell but was untainted by the scandals surrounding big rivals.

Citigroup reported second-quarter profit that beat analysts’ estimates on revenue from advising on mergers and underwriting stocks and bonds.

After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.

Investment Centers of America beefs up its practice management program with newly created senior position.

Thomas P. Fay oversees a team of wealth professionals geared to high-net-worth investors in Southeast New England.

The pace of bank mergers slowed in the second quarter, but deal announcements still rose about 15% in the first half from a year earlier, according to SNL Financial.

Citigroup said it will show trading clients how the lender is managing their funds as regulators probe missing customer cash at MF Global Holdings Ltd. and Peregrine Financial Group Inc.

Northern Trust has appointed 12-year company veteran Laura G. Mandel president of the Northern Trust Co. of Delaware.

Businesses continue to deposit fund in banks as safety trumps yield as an investment priority. The move continues to cause bankers headaches as the funds weigh down balance sheet returns.

Provided it kept costs in line and has no bad surprises to announce Friday, Wells Fargo could steal some of the glow normally monopolized by JPMorgan Chase during earnings season.

Henry Michaels and Jerry Wiant of RBC Capital Markets give their outlook for deals and pricing, discuss why taking stock can still be a good thing for sellers and advise bank buyers to manage investor expectations.

Small Sacrifices app encourages customers to channel coffee and cigarette buying habits into savings goals.

An investment management firm now owned by Wells Fargo has agreed to pay $25 million to settle claims that it misled investors about the makeup of a mutual fund it once marketed.

The Occupy Wall Street movement brought a lot of negative attention to large banks, but it apparently didn't do much lasting damage to their reputations.

Bank holding companies raked in $118.4 billion in wealth management income in 2011, up 1.35% from $116.9 billion in 2010. The increase comes despite a lackluster fourth quarter, the industry’s weakest since the beginning of 2009.

Though bank deals have risen in Texas because of its robust economy and in California because of abundant capital, small Kansas banks are partnering because they worry about their viability as little guys.

Advisors who provide services to defined contribution plan sponsors can boost client loyalty through greater plan support and oversight, according to a study by Cogent Research.