Bank channel

Union Bank of California enjoyed a steep increase in brokerage revenue last year as a result of referrals to its financial advisers from a beefed-up corps of licensed bankers.

Republic Bancorp Inc. has accused the Federal Deposit Insurance Corp. of multiple abuses of its authority, escalating an ongoing battle over refund-anticipation loans.

A closer examination of B of A's $20 billion goodwill charge on its card portfolio shows it was less a foreshadowing of further credit problems, and more a warning of the risks ...

Anyone looking for the Treasury Secretary to endorse a specific approach to the future of the GSEs was surely disappointed by his testimony Tuesday, yet much could still be gleaned.

Retail customers are switching banks and shopping competitors in greater numbers these days but, according to a survey by J.D. Power and Associates, their reasons for jumping ship have little if anything to do with interest rates or service fees.

It took awhile, but financial institutions of all sizes have finally realized that investing in a full-service website complete with interactive marketing and registration functionality is critical to expanding their client base and increasing their total assets under management.

Citi OpenWealth now offers trust accounting, reporting and custody services

Kevin Batterton will run business development and portfolio management

A House subcommittee hearing is scheduled for Wednesday that will focus on how the Dodd-Frank Act is affecting community banks and small business.

Financial advisors at U.S. banks raked in an average of $27,809 in commission and fees in December, thanks mainly to widening spreads between fixed annuity and CD rates.

Pinpointing the geographic epicenter of the crisis is not a simple task. Viewed one way, California and Florida top the list. Viewed another, Puerto Rico and Nevada rank highest.

“We’re at the epicenter of these two companies coming together,” says Laurie Krupa, who was named head of the banking unit of the Global Wealth & Investment Management operation late last year.

Iberiabank's agreement to buy Omni Bancshares would make it the Lafayette, La., bank's first deal in Louisiana in seven years and its first unassisted bank purchase since 2007.

Acquisition is expected to expand Northern Trust’s fund administration business in Ireland and adds exchange-traded fund administration services for European marketplace

For all the budget woes of state and local governments, banks see them as good clients. Most market experts say there are plenty of investment-grade municipalities to court.

A Florida retiree who gave her Wachovia broker a second chance "to do a better job" with her IRA investments has filed claim against Wells Fargo after suffering losses, again.

Four bank failures book-ended the country on Friday. Collectively, they had a total of $1.05 billion in assets and are expected to cost the Deposit Insurance Fund $267.6 million.

The former management of a Denver thrift is suing federal regulators over its seizure last month, saying the agencies closed it while it was still a viable institution and arguing it should be reopened.

Financial advisors at U.S. banks raked in an average of $27,809 in commission and fees in December, up modestly from an average of $27,418 in November thanks mainly to widening spreads between fixed annuities and certificate of deposit rates.

Nearly seven months after passing a bill that included a measure to limit interchange fees on debit cards, lawmakers on Thursday were expressing buyer's remorse.