Bank channel

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.

Even not-so-wealthy clients now have a chance to participate in alternative investments, courtesy of a new mutual fund with a minimum investment of $1,000 from Wilmington Trust.

A recovering economy has done little to change the bleak retirement that Baby Boomers see in their future.

Northern Trust Vice Chairman Sherry Barrat will retire at the end of June after leading the company’s financial services business for five years.

Even though retirement portfolios have nearly recovered from the financial crisis, investors have not, say financial advisors in a recent survey.

Investors continue to spurn mutual funds that invest long-term in U.S. stocks. For the week ended March 28, investors pulled $3.53 billion from the funds, the largest weekly outflow so far this year.

Wintrust Financial Corporation has added a new member to its wealth services team in a push to expand in the Chicago market and its suburbs.

Investors are interested in adding alternative assets to their IRAs, but lack the expertise — and often the advisors — to go about it.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.