Bank channel

Three months after the regulatory reform bill ordered the OTS' elimination over the next year, efforts to bring the agency into the OCC fold have been plagued with bitterness, communication problems, unease on job placement and rampant conflicts.

The Omaha, Neb., broker-dealer retools its independent platform for the bank channel.

While annuity sales are down for the first half of the year overall, second-quarter sales go a long way to closing the gap.

All banks are under enormous pressure to grow, but amid the economic malaise, the nagging question is: What happens once you do?

The company announced it has completed its acquisition of BNP Paribas’ wealth management business in Panama and the Cayman Islands.

Community banks are slogging through the muck, making some progress toward recovery and relieved that things don't appear to be getting worse.

The new leader of BBVA's U.S. operations has already set a clear direction: countertrend. Manuel Sanchez was reluctant in an interview to display the appetite for acquisitions common among bankers these days, including his former boss.

Raymond Tate, formerly a Bank of America Merrill Lynch complex manager in Phoenix joined Wells Fargo Advisors Sept. 7 as a branch manager of its Oakland, Calif., office, according to recruitment firm Willis Consulting in Palo Verdes Estates, Calif.

Banks are trying to improve customer service by training branch staff and by removing the infrastructure roadblocks that can get in the way of employees trying to do their jobs.

Nearly three months after the Dodd-Frank law created the Financial Stability Oversight Council, its first official meeting Friday was not exactly auspicious.

May’s high hopes for a robust economic recovery dashed, many bank CEOs and CFOs now expect a double dip.

UMB Financial Corp. has added an insurance brokerage leg to its distribution structure for health savings accounts.

The company's CEO John Koelmel offered a conservative outlook on the M&A market, his thoughts on prudent growth and a critique of financial reform.

As the Financial Stability Oversight Council prepared to hold its first meeting Friday, members of the panel faced open doubts from lawmakers and others about how fast it can move and what it can accomplish.

The return of bank profitability, coupled with some of the provisions of the federal stimulus, coaxed banks to buy state and local government debt in the first half.

At least two lenders — Popular and Huntington Bancshares — and possibly a third, U.S. Bancorp, are planning to cope with the high cost of regulation a different way.

The move underscored the difficulty of implementing the Dodd-Frank regulatory reform law, which requires regulators to act independently and in concert with other agencies.

Carrie Tolstedt, Wells Fargo's community banking head, has been awarded the No. 1 spot this year on U.S. Banker magazine's list of the 25 Most Powerful Women in Banking.

Rivals of BofA are expected to wait and see how the Charlotte company's moves sit with the public and with Elizabeth Warren, the special adviser who's setting up the CFPB.

While blacks were still concerned about rising health care costs and tax rates, that concern dropped by 15% since the last study.