Bank channel

Two wealth management teams, the BBW Group and the L&S Group, have joined UBS Wealth Management Americas at the firm's office in Baltimore.

The Securities and Exchange Commission is reportedly investigating a complex $1 billion investment deal Citigroup Inc. arranged leading up to the financial crisis.

Mooney, the well-regarded vice chair and head of community banking at the Cleveland company, would be the first woman CEO of a large U.S. banking firm, though women run the stateside retail bank arms of Royal Bank of Scotland and HSBC Holdings PLC.

If the banking industry has its way, regulators would give financial institutions so many exceptions from the Volcker Rule's limits on risky activities that it might as well not exist at all.

Citi's top consumer banking executive said Wednesday that the company, which has long considered its reach in more than 100 countries to be its primary competitive advantage, has drilled down further to identify 150 major metropolitan areas as priority markets for its retail banking and cards businesses.

Top executives want to reassure lawmakers that foreclosure alternatives are paramount.

Bank of America Corp.'s chief executive acknowledged in perhaps the starkest terms yet that for the country's largest bank, innovation may now be less important than remediation.

Increased regulation has been widely cited as a catalyst for the recent wave of bank acquisition deals, but lately regulators have been throwing some wrenches into the works.

In the absence of global resolution rules, a hard-to-pronounce buzzword has crept into the debate on winding down big banks: subsidiarization.

With around $100 million of annual revenue and deposits of $10 billion, the acquisition would fit into U.S. Bancorp’s years-long effort to build its corporate trust business.

Organization management firm SmithBucklin is leading the hunt for the new face of BISA.

Ninety-two percent of wealthy investors are actively looking for market opportunities, according to a U.S. Bank survey.

Amid an increase in consolidation, more investors either file lawsuits over deal terms or start proxy fights designed to force banks to sell.

Nonbanks are sending a clear message to the interagency council tasked with identifying systemically important institutions: don't look at us.

In September, the Basel Committee on Banking Supervision announced new standards to raise required common equity ratios to 7% by 2019, and have regulators implement the new capital rules by 2013.

Despite his regulatory scrapes — and the defeat of getting forced out of the bank he built into a regional powerhouse — Vernon Hill is not giving up on the industry.

Though banks surveyed by the Federal Reserve have reported a gradual loosening of credit standards in recent quarters, it may be a while before lending standards return to normal.

“Everything feels better than it did 12 to 18 months ago, but not as good as it did three to six months ago,” he said during a lunch time interview with Charlie Rose on Monday at SIFMA's annual conference in New York City.

Regulators failed four banks late Friday, pushing the total number of collapses this year to 143.

Though House Republicans are almost certain to be frustrated in trying to repeal provisions of the Dodd-Frank regulatory reform statute, they are likely to find more success in using oversight powers to curb the law's implementation.