Bank channel

The securities industry regulator fined a Zions Bancorp unit $225,000 for failing to disclose a potential conflict of interest in online auctions for certificates of deposit.

California got a small taste of bank dealmaking Wednesday that didn't involve a failed or ailing institution.

As part of an ongoing spate of new hires over the past few months, Bank of America's U.S. Trust unit added eight wealth management executives to its team on Friday.

Indicators suggested bank-based advisors’ revenue would slip in June, but average production went up.

The Boston company said it was adding economic stress tests and investment performance heat maps to its risk analytics for institutional investors.

The Federal Reserve Board, the sole bank holding company regulator for decades, is about to experience a pretty new concept: a teammate.

The service, available to private bank clients, aims to help older people maintain their independence and quality of life.

The new municipal underwriting group at U.S. Bancorp Investments continues to expand its ranks, adding Leon Bijou as the group's in-house legal counsel last week and securing Bill Bingham to oversee fixed-rate trading this fall.

Although there were sharp disagreements at a Treasury Department conference Tuesday about what kind of role the government should take in the future of housing finance, one idea in particular seems to be gaining momentum: creating an insurance fund to back mortgage-backed securities. future-of-housing-finance

Raymond James Financial won the dismissal of a class-action lawsuit on Monday after the judge in the case said the complaint was too long and didn’t contain enough facts.

After pleading guilty to an investment scam that defrauded 34 clients out of over $700,000, a former Merrill Lynch advisor was sentenced to seven years in prison on Friday.

Bank of America is rumored to be considering selling its 34% stake in BlackRock, according to The Wall Street Journal. Now the question is whether the bank is looking to get out of asset management altogether.

Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

The week after Wells Fargo announced the closing of its storefront subprime lending unit, Citigroup's CEO delivered an impassioned defense of keeping alive his similar operation.

Nearly 1,200 banks have been hit with an enforcement action made public by federal regulators since the start of 2008, and that number is expected to climb at an accelerated rate.

The ramifications of a federal court's order for Wells Fargo to repay $203 million in overdraft fees extend far beyond the price tag one company has to pay for its California operations.

Royal Bank of Scotland announced on Tuesday that it hired Rory Tapner as CEO of its Wealth Division.

Even as they begin dropping credit ratings as a supervisory source, regulators signaled Tuesday they are worried about abandoning their use altogether, suggesting that potential alternatives are not much of an improvement.

P&C leads bank-holding-company insurance sales upward in a soft market’s sixth year.

A gust of stock offerings is expected from community banks, some bracing for heightened capital standards, others seeking to repay government capital and a few chasing acquisitions.