Bank channel

Griffith and Grubb “upgrade” sales management in Fifth Third’s Midwest footprint while Woods breaks ground in its southern territory.

Fiduciary Trust hires Mary Davis as senior account manager and Lisa Marcus as business development officer.

Passing regulatory reform legislation, a grueling effort that has taken more than a year of debate, is just a warm-up for an even tougher fight over the future of Fannie Mae and Freddie Mac.

Robert S. Matthews worked for Smith Barney and Citigroup for the past 25 years in its global private banking, wealth management and family office services units. He replaced Kevin McCabe, who was president and chief executive officer since Fieldpoint was founded in 2008.

When the largest banks report second-quarter results this month, there will likely be less to brag about on the credit front, and tough questions to answer about the probable impact of financial reform.

The wealth management group at Bank of the West of San Francisco, has benefited from the market rebound, but owes much of its growth to new assets.

The group will be led by Nadine Chakar, who was head of Europe, Middle East and Africa asset servicing.

First Republic Bank began as an independent bank in 1985 and on Thursday it became independent once again.

Bankers have spent months saying they are making every good loan possible, and now regulators are demanding more information to prove it.

Now that Bank of New York Mellon Corp. has closed its acquisition of PNC’s Global Investment Servicing Inc. the New York-based company has its sights set abroad for further growth of its asset servicing business.

Sales of fixed annuities rose in recent months despite a negative spread with CDs.

Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.

While big banks are having more success open new accounts, many new customers don’t plan on sticking around after they’ve received the promotional gift that lured them in.

While several critical regulatory reform issues remained in limbo late Wednesday, House and Senate conferees agreed to several key provisions, including one allowing banks to pay interest on business checking accounts.

Bank Investment Consultant and New York Life/MainStay Investments honor the nation’s top program managers in New York.

Wells Fargo is merging nearly $2.2 billion of Evergreen Investments municipal bond mutual funds into existing Wells funds as part of the bank’s purchase of Wachovia.

JPMorgan Chase's second major executive shuffle in less than a year said as much about how well the company thinks it has recovered from the financial crisis as it does about its CEO's management style.

House and Senate conferees were set Tuesday to deal national banks a setback, agreeing on final language that would make it harder for federal regulators to preempt state consumer protection laws.

JPMorgan Chase named a new chief financial officer Tuesday, part of an executive shuffle it said would help groom the company's future leaders.

Simply put, experts respond, what goes down must come up. Florida was one of the first states to feel the pain of the crisis, and most analysts and private-equity groups see a bottoming out in the real estate and banking markets happening there before it occurs in similarly troubled states such as Arizona, California and Nevada, or in most of the other states in the Southeast.