Bank channel

Bank of America said wealth management profits were up 13% year-over-year and reported an increase in its advisor ranks. The company reported that profits for its Global Wealth & Investment Management division, or GWIM, which includes Merrill Lynch and U.S. Trust, increased to $813 million for the third quarter from $720 million a year ago. …

The two hires are part of the firm's campaign to increase its business development teams in key wealth markets.

Cetera plans to announce an expansion of its relationship with Broadridge, a provider of investor communications and technology, to streamline its self-clearing process.

JPMorgan Chase set aside 3% less to pay employees at its investment bank in the first nine months of 2014 as revenue in the division slumped, driven by a 12% drop in fixed-income trading.

James Katayanagi allegedly created fake ATM cards and used them to swipe more than $14,000 from eight bank customers.

To obtain approval and funding for security improvements, bank technologists have to make their case by pointing to losses from recent security breaches. But calculating those losses can be tricky.

There's almost no good way of tell a bank customer that her personal data's been stolen. But some banks do a particularly bad job of communicating during a security incident.

Treasuries fell for the first time in five days as investors weighed the probable timing of Federal Reserve interest-rate increases before speeches by U.S. policy makers today.

People and processes are just as essential as technology as banks strive to save on costs in newer store models, say branch-makeover specialists.

Almost two in three credit unions with single pay plans reported difficulty in recruiting advisors. Those with multiple plans had significantly less trouble.

Several banks, such as Woodforest National, operate extensive branch networks inside Wal-Mart stores. There are concerns that the retailer's new GoBank checking account could gut in-store branches' current business.

The pullback from repurchase agreements: How new regulations are reshaping bank funding and financial markets, and impacting money market funds, which investors use as cash-equivalent investments.

Janet Yellen is an unlikely revolutionary. Here are four key insights into why Yellen's success at the Fed matters and what it means for other women.

The American Bankers Association, which initially opposed ".bank" domain names on the Web, is now promoting them as a way to enhance security amid growing cyber risk concerns.

In a speech Tuesday, U.S. Bank CEO Richard Davis offered mostly upbeat views about the evolving, more stringent expectations of bank regulators.

Barclays hired Akshaya Bhargava as chief executive officer of its wealth and investment management business to replace Peter Horrell, who stepped down.

Beth Mooney cares more about her legacy than she does about being the first female CEO at a top 20 U.S.-based bank. One of her primary goals is to make sure KeyCorp always does right by its customers.

One of the three allegedly stole $11,134 from a bedridden customer who suffered from multiple sclerosis.

Designing comp plans with many grid levels is one way credit unions can boost advisor productivity, according to a report from Kehrer Bielan Research & Consulting.

Ane S. Plate was banned for allegedly looting more than $140,000 from a customer account.