Bank channel

The State Street Investor Confidence Index dropped 3.9 points in April to 87.7 from 91.6 a month earlier, State Street Global Markets announced today.

U.S. Bank appointed Brian Vowinkel regional managing director in Seattle for Ascent Private Capital Management — its ultra-high-net-worth unit.

Buyers and sellers still cannot agree on price, the heads of six acquisition-minded banks said in first-quarter earnings calls.

Fund investors paid an average of 79 basis points for equity mutual funds and 62 basis points for bond funds, down 4 points and 2 points, respectively, from 2010, according to a new report from the Investment Company Institute.

Here are 10 ways advisors can set themselves apart in a crowded market.

The company's net income more than tripled from the fourth quarter and rose 39% from a year earlier, to $245 million. Revenue rose 8% from the fourth quarter and 3% from a year earlier, to $2.2 billion.

A Kent, Wash., credit union joins peers from California and Michigan in opposing legislation that would allow non-profits to more than double their commercial lending.

Regulators on Thursday heeded complaints by financial institutions to provide precise guidance on when they would have to comply with the so-called "Volcker Rule," saying full compliance was not expected before July 21, 2014.

Bank holding companies earned $2.84 billion from the sale of annuities in 2011, up 10.4% from the previous year, according to a new report from Michael White Associates.

The new firm brings together the existing businesses of Saltzman Associates, Bielan Consulting and Ken Kehrer’s research and consulting expertise.

Bank of the West has formed a team to help its wealthiest customers with real estate lending needs.

Bank of America said net income was $653 million, or 3 cents a share, in the quarter, compared with $2.05 billion, or 17 cents per share, in the same period a year earlier.

Wilmington Trust has tapped industry veteran William T. LaFond to head up its wealth advisory business in the Washington, D.C., and Richmond markets.

Bank of New York Mellon Corp.'s first-quarter earnings fell 1% from a prior-year period that didn't have a credit loss provision as the trust bank's fee revenue also dipped.

Samson looks to expand its network of banks and financial advisors under Essex

On the heels of major organizational changes, Northern Trust promotes two more executives in its wealth management business.

BNY Mellon Wealth Management has named an expert in philanthropy and planned giving sales director of its Charitable Solutions Group.

Many Baby Boomers fear outliving their savings even more than death. Here’s a 10-point checklist to help Boomers save themselves from retirement shortfalls.

Investors continue to turn their back on U.S. stock mutual funds. For the week ended April 4, investors pulled $4.27 billion from the funds, the largest weekly outflow so far this year.

Associated Bank has hired Douglas Lee as senior vice president and trust manager on its investment advisory team in Green Bay, Wis.