Bank channel

Julz Burgess will provide strategic direction and focus on business development, client service and retention.

Julie Shafer joined the bank's Wealth Management Group as head of the planned Strategic Philanthropy and Purpose Investing offering.

The advisor, who worked at U.S. Bank, claimed that he was fired in retaliation for complaining about a co-worker who he felt made unsuitable investments for the advisor's 94-year-old client.

When Bank of America shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they won’t be the only ones about to weigh in on his career.

Depositors at mutuals in Ohio and Massachusetts have approved measures making it more difficult for their institutions to convert to stock ownership. Still, many industry observers believe the mutual industry is poised for more consolidation.

New Wells Fargo recruits have a combined 55 years of experience.

Regional banks are selling more and more of the machines that big retailers use to count, store and deposit cash. As old-school as it sounds, it's making the banks money at a time when they need alternative revenue sources.

Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.

David Kuipers, named president and CEO of Associated Investment Services, replaces Bill Curtis, who retired in July.

Jorge Daniel Usandivaras claimed to have been fired for blowing the whistle on what he saw as improper transactions.

JPMorgan Chase said authorities are examining what its wealth management businesses and private bank told customers when selling them the company’s own investment products and enlisting hedge funds.

Banks on track to generate $1 million in insurance brokerage for the year declined 16%, but the number that saw double-digit increases in brokerage income saw a significant jump.

A recruit from the banking channel at Wells Fargo moves to the regional's independent broker-dealer.

As banks rely more on fee income, Huntington Bancshares is boasting about its intentional slashing of service charges.

The bank generated $97 million in second-quarter revenue from its brokerage, trust and insurance operations, up 7.8% year-over-year.

Karen Ann Vodden was sanctioned for failing to disclose her role under powers of attorney for her elderly aunt and uncle. The former advisor worked for community institution Blackhawk Bank.

Radius Bank's partnership with online investment firm Aspiration highlights a nascent trend among small banks in the race to win millennial customers: partnering with fintech firms rather than opening branches.

Second-quarter revenue from trust and investment management services plunged 28% year-over-year to $84 million. Meanwhile, retail brokerage revenue rose 5% to $80 million.

Bank of America is trumpeting the doubling of its profits in the second quarter as a payoff from its long cleanup efforts. But the results relied mainly on lower legal costs and expense savings, while revenue declined in four key business lines.

Peoples Bancorp in Ohio wants to encourage cross-selling but limits the use of employee incentive payments to make it happen. Here's what they're doing instead.