Bank channel

Bank programs are facing some obstacles, but when done right there are a number of advantages in this model.

New RJA President Tash Elwyn takes the helm and Morgan Keegan advisors sweep in.

From payouts getting trimmed to stagnant growth, bank advisors have their work cut out for them this year. But bright spots include investments that can help differentiate you.

The battle for the high-net-worth and ultra high-net-worth client is heating up. In recent weeks, wealth managers of all stripes have announced plans to strengthen their services for their most affluent clients.

The customers who walk into a branch are the lifeblood of any bank broker. And despite banks trying to make their customers "sticky," some people are finally getting fed up and leaving.

When your bank gets targeted for an acquisition, even the most steely nerved FA can worry about job security. But don't fret: With the right attitude, you can thrive.

The Bank of New York Mellon said late Tuesday that it is a victim of ‘prosecutorial overreach,’ at least in the case of the $2 billion lawsuit filed against it by New York state attorney general Eric T. Schneiderman.

Community banks oppose capital One Financial Inc.'s proposed $9 billion acquisition of ING Direct USA, saying it would increase systemic risk.

The Treasury Department and state regulators have insisted the enactment of Dodd-Frank effectively forces national banks to comply with more state consumer protection laws. So far, however, courts are not supporting such claims.

Banks are starting to notice that their online banking and mobile sites are not as good as customers expect.

Prediction: the Federal Reserve Board will let Capital One Financial Corp. buy ING Direct USA. Why? Because blocking it would doom every financial firm larger than Capital One to a stagnant future and send a chilling message to any foreign firm with a presence here.

Morgan Stanley has announced that John J. Mack will step down as chairman of the firm and leave the board of directors at the end of this year, and James Gorman will take over that position.

UBS said it estimated it had lost $2 billion from unauthorized trading, by one trader. In connection with the case, London Police arrested a 31-year-old man, in the middle of the night.

Bank of America Corp. chief executive Brian Moynihan's heavily anticipated speech Monday fell short of the hype, but it was enough to ease tensions.

Bank of America Corp.'s executive shuffle this week supports what the beleaguered conglomerate has been telling investors for weeks: it will keep selling unwanted bits of the company and hold on to major business units.

Bank of America executives are mulling a restructuring plan that would lop off as many as 40,000 jobs in its first phase, according to a Wall Street Journal report citing sources familiar with the discussions.

While financial services issues are no longer on the front burner on Capitol Hill, several high profile topics this fall are likely to impact banks, especially any efforts to revitalize the housing market.

Many of the country's largest banks received $6 billion in kickbacks from mortgage insurers over the course of a decade, according to a previously undisclosed investigation by the Inspector General of the Department of Housing and Urban Development.

Of the hundreds of thousands of words in the Dodd-Frank Act, none has caused as much consternation as the seven-letter one tucked into Title 10: abusive.

First PacTrust Bancorp's cash-and-stock deal for Beach Business Bank is designed to ensure neither party gets clocked if the buyer's share price drastically changes.