Bank channel

There’s a lot of debate right now about whether putting annuities in 401(k) plans is a good idea or not.

Quarterly fee payments save the day, as new product sales suffer from a market dip.

Looking to fill a growing need for advisers for its brokerage business at a reasonable cost, PNC Financial Services Group Inc. has been training promising candidates in-house, in a departure from standard bank practice.

To avoid a Lehman Bros. redux, federal regulators must prepare for the next crisis by obtaining blueprints for unwinding the largest financial companies.

Rep. Spencer Bachus came out swinging Wednesday against speculation he may not become chairman of the House Financial Services Committee if Republicans win control of the House in the midterm elections.

Just four days after being appointed to spearhead the creation of the new consumer bureau, Elizabeth Warren has hit the ground running.

With bankers turning back to cross-selling, they are using corporate loans to attract other business from borrowers. That trend has Goldman Sachs backing accounting reforms.

Establishing a presence in China is slow going, but Northern Trust Corp., which recently won approval for a Beijing branch office, believes the payoff will be worth the wait.

The FDIC is soliciting the banking industry's help in devising a new resolution system — even as companies try to get an idea of what the new system will look like.

Banks, losing fees elsewhere, are looking to investment services to make up the difference.

The lone failure over the last three weeks may have offered a respite from the usual series of collapses on Friday nights, but most observers caution against predictions that bank closures may be slowing.

July revenues could have been better than they were, Kehrer-LIMRA’s Stathis says.

The heads of JPMorgan Chase & Co., Bank of America Corp., PNC Financial Services Group Inc. and other banking companies said added fees, investments in businesses unrelated to lending and smaller client bases will offset the toll of reform expenses and tepid lending.

Senate Democrats largely supported the idea of appointing Elizabeth Warren as the temporary head of the Consumer Financial Protection Bureau, with one key exception — Banking Committee Chairman Chris Dodd — who joined Republicans in arguing such a move would be a "mistake."

The service leverages Citi’s existing services for traditional mutual funds and their investment advisors.

New core processing systems are helping a growing number of banks achieve a longtime goal: a comprehensive view of their customers.

Provident Bank's wealth management group is betting that wealthy people are fed up with being nickel-and-dimed by their banks.

Last week's move adding retail banking and asset management to the list of areas overseen by Bill Demchak cemented his status as heir apparent to PNC chief James Rohr.

Consumers rated JPMorgan Chase, Wells Fargo and Bank of America as the most reputable in a group of 69 banks, a survey by Market Force Information Inc. found.

Last year was a dud, but year-to-date figures suggest that bank programs are turning things around.