Bank channel

Despite a powerful earthquake, a deadly tsunami and growing alarm about nuclear fallout, it has mainly been business as usual in Japan for Citigroup.

Bankers are divided over the seriousness of a provision in the Dodd-Frank Act that would repeal Regulation Q and allow banks to pay rates for demand deposits.

Although Sheila Bair and the ABA have often been at loggerheads over regulatory reform, the distance between them was never more apparent than during her last address to the group.

Bank of America Merrill Lynch’s retirement services unit is generating significant new business, much of it from existing clients of the bank.

Consumers crave more ease in their experiences with banks, and they claim it's worth $2.6 billion to them.

TD Bank's redesigned checking lineup is widely varied but has a common thread — for five of its six new accounts, paper statements can cost a dollar a month.

LPL announced on Monday that it will move all Uvest bank brokers from Pershing to LPL’s self-clearing platform.

Mutual fund sales, brokerage business drive growth.

More adept now at tapping capital, a small but significant number of community banks in the hardest-hit states like California, Georgia and Illinois are escaping from the Troubled Asset Relief Program.

Due diligence reports from the securitization boom could worsen the financial industry's litigation headaches — and conceivably expose some firms and individuals to criminal charges.

At once soft-spoken and matter-of-fact, Bank of America CEO Brian Moynihan spoke about his first year at the helm.

Several bankers spoke directly with top Fed officials on Thursday, arguing that if they finalized their interchange rule, it would gut industry profits and hurt consumers.

Saxo Bank announced it has reappointed Steen Jakobsen as its chief economist after leaving the Danish bank in early 2009 where he served as chief investment officer at Limus Capital Partners.

While it may be true that some banks are stockpiling cash, high reserve levels are more a consequence of the reluctance to lend than the cause.

Bank stocks are up across the board, with giddy investors anticipating a flurry of mergers after a few high-profile deals in December and January. But the higher share prices have actually slowed what could have otherwise been a steady pipeline of deals.

New Forrester report reveals how customers view their financial services firms.

Brian Moynihan sought to usher in a "new era" for B of A Tuesday, asserting that the bank would move away from a culture of growth by acquisition to one focused on organic growth.

"Banks are struggling with where to get more revenues because of fee reductions,” said Rob Comfort, head of Huntington Investments. “This gives us an opportunity to play a prominent role.”

Wells Fargo will hire 1,000 bankers in Virginia, Maryland and the District of Columbia in the next few months as it beefs up staffing at former Wachovia branches, the company said.

The 27-page term sheet handed to the five largest mortgage servicers last week is a detailed, dense list of requirements that, if implemented as proposed, would fundamentally change the relationship between servicers, investors and borrowers.