Bank channel

Plagued by bad press and a struggling stock, Bank of America tried Tuesday to buy some time by erring on the side of disclosure.

The global wealth and investment management group, which includes Merrill Lynch Global Wealth Management, U.S. Trust and BofA’s retirement and philanthropic services unit, saw fees decline 6.4% to $4.07 billion from the previous quarter.

"America's global bank," as Citigroup was dubbed this year by its chief executive, has finally found something in America to be encouraged about.

Center State Bank of Florida in Winter Haven seems to have entered the correspondent banking business at the perfect time.

Neighboring community banks recently have been making deals with local competitors before out-of-market buyers get interested.

RBC Wealth Management continues to expand asset management capabilities

Discounting for July’s fee bump, bank-based advisors narrowly increased production in August.

The government seized three Midwest banks late Friday, costing the Deposit Insurance Fund just over $500 million.

Two years after reaching a deal for Wachovia's crisis-time acquisition, Wells Fargo is only now beginning to integrate Wachovia's core markets.

Small-business loans are becoming a bigger deal for large banks, as are the Small Business Administration's soon-to-be-released annual lender rankings.

Under existing rules, a bank with a 4 or 5 Camels rating cannot make such payments to parties terminating their affiliation with the institution.

Banks' biggest problems have officially moved to the top of their balance sheets. JPMorgan Chase sent that signal in reporting anemic revenue for the second straight quarter.

Federal Deposit Insurance Corp. Chairman Sheila Bair said Wednesday the growing robo-signing scandal was symptomatic of the poor incentives that marred the securitization market, but she opposed a universal freeze on foreclosures.

Bank brokerage trade group parts ways with its managing directors.

Year-over-year drops are precipitous, but Beacon Research predicts a brighter third quarter.

The company has added 300 advisers and brokers this year as assets under management in its three wealth management businesses increased.

Seeking to rebut concerns the Federal Deposit Insurance Corp. would use its new resolution powers over large firms to play favorites with creditors, the agency released a proposal Tuesday designed to severely limit who could receive extra relief in a failure.

Life insurance sales in banks have increased for the past five quarters, but sales practices suggest not everyone is riding that wave.

Citigroup has become the second fund administrator to implement a new technology platform specifically designed for servicing hedge funds-of-funds.

Bank of America CEO Brian Moynihan on Friday defended large banking companies, arguing they are needed to help multinational companies based here and the U.S. economy in general.