Bank channel

Smartleaf software will let the bank offer third-party research to customers.

To bridge the gap between traditional retail service staff in the bank branches and the investment advisors, there needs to be a genuine all-for-one mentality.

Citigroup is growing its wealth management business with plans to hire 800 brokers and personal bankers over the next two years.

Ranking the top wirehouses and regional firms in the employee advisor channel.

Almost half of credit union customers referred family and friends, besting large banks, which had a 32% referral rate.

Persistent low rates, fierce competition and lackluster loan growth will prevent most community banks from reporting blow-out earnings growth in the second quarter. Much of the profit likely will come from purges of bad assets.

Citi has been awarded a contract renewal of its fund services to Victory Capital Management and to the Victory Funds.

Investment Professionals Inc. will provide investment and wealth management services to Eclipse Bank, a $135 million community bank based in Louisville, Kentucky.

A portfolio overlay system from Smartleaf will add customization and consistency to wealth management at People’s United Bank.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

Unlike funds that target clean tech or alternative energy, the new ETF will focus on a broader universe of companies that have the goal of making money.

Fed Chairman Ben Bernanke suggested that the Volcker Rule to ban proprietary trading would have helped to prevent the $2 billion credit loss at JPMorgan.

Most banks have eliminated bonuses, but thanks to stock options a dozen top executives raked in seven figures last year, according to SNL.

Brandon Williams will focus on leading and expanding the TD Wealth business in the U.S. franchises as well as come up with new strategies and platforms to meet U.S. high net worth clients’ needs.

CUSO Financial Services has implemented broker-dealer services and back-office support for Pennsylvania-based TruMark Financial Credit Union.

J.P. Morgan Asset Management has launched a multi-asset unit headed by Seth Bernstein, who will oversee the new effort as Global Head of Asset Management Solutions, reporting to Mary Erdoes, CEO of J.P. Morgan Asset Management, according to an internal memo.

As Comptroller Curry discloses concerns about JPMorgan Chase's risk management, lawmakers continue their debates over agency funding, derivatives oversight and other issues of the reform effort.

After breezing through a Senate hearing last week, Jamie Dimon faced tough questions from members of both parties at a hearing before the House Financial Services Committee.

Jeffrey Mortimer will lead the firm’s investment strategy committee and play a lead role in communicating its insights on markets, investment dynamics and portfolio strategy.

Advisors are more committed than ever to helping clients with their retirement income planning but they still face a host of challenges.