Bank channel

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.

Second-quarter profits for the asset management group climbed 17% year-over-year to $62 million on $416 million in revenue.

Those looking for easy answers from a government report about what caused recent volatility in the Treasury markets — including whether regulation is to blame — were likely disappointed.

We've reshuffled the deck of our top program managers to show the top teams ranked by production per advisor.

A private client banker with J.P. Morgan Chase allegedly took $200 from a customer's wallet; and a personal banker from Wells Fargo Bank allegedly endorsed a check made payable to a client and deposited it into her personal account.

Bank advisors are in a tough spot. Two separate issues are hitting them at the same time, either of which could be a game-changer.

The nation's seventh largest credit union moved its investment program to CUSO Financial Services drawn in part by its technology systems and accessibility.

People just want to spend their money. Show them how to do it better without making it feel like accounting. That's all consumers really want out of PFM, says the president of mobile banking service Moven.

A FINRA arbitration panel ordered BNP Paribas Securities to compensate the couple for the losses they suffered as a result of an unsuitable security the firm sold them.

The former FDIC chairman said during a recent conference call that banks with a traditional model — essentially community banks — have been hurt by the Fed's interest rate policy and the trickle-down tactics of regulation.

The Wayne, N.J.-based bank chose Cetera Financial Institutions because it believed the firm could help the bank expand its service offerings into the mass-affluent market.