Bank channel

The fate of living wills for the biggest banks and a new system to resolve the largest institutions has taken a back seat to other regulatory efforts in the wake of the Dodd-Frank Act. Here's why banks of all sizes need to be focused on the effort.

Almost half of the broker-dealers and investment advisors who contested actions against them had charges dismissed or sanctions lowered when they took their cases to an SEC administrative law judge or a FINRA hearing panel.

To start moving ahead, advisors need to follow a seven-step “roadmap to success” that includes branding, process standardization, lead generation and managing staff.

JPMorgan Chase engaged in a “pattern of discriminatory” lending that led to foreclosures, the city of Miami said in a lawsuit filed last week in federal court, the latest in a series of similar claims against the nation’s largest banks.

BNP Paribas SA, the French bank facing a potential $10 billion U.S. penalty over its dealings with sanctioned countries, said it’s sticking with a plan to expand its BancWest division.

The United States Court of Appeals has confirmed BancorpSouth's lack of liability in an online banking fraud case, and even granted that the bank may seek to recover attorneys' fees from the victim.

The city of Richmond, Calif., wants to team up with another municipality to implement its plan to use eminent domain to seize underwater mortgages. There have been no takers to date. The likely reasons are the FHFA and the continuing threat of litigation.

Regulators' evaluation of last year's "living wills" submitted by the biggest banks was touted as an important step in ending "too big to fail," but the agencies have failed to provide any feedback on previous plans just weeks before the next set are due.

One of the three was a former registered rep with Chase Investment Services who was kicked out of the industry for stealing more than $27,000 from two elderly bank customers.

The community banking model is supposed to be simple: take deposits, make loans. There is, however, a growing number of banks that are largely omitting the lending part of the model.

Mike Quimby will lead a team of more than 30 financial advisors and will help drive growth across the bank’s central region markets in six states.

Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House — one that's likely to leave its imprint on the banking industry.

The Holding family has held large stakes in several banks for years; two of those banks are finally merging as part of a $637 million deal.

The U.S. Supreme Court turned away a Wells Fargo unit’s bid for as much as $148 million in tax refunds, leaving intact an Internal Revenue Service victory in a corporate tax-shelter case.

Credit Suisse Group AG, Switzerland’s second-biggest bank, is considering selling additional stakes in an electronic interest-rates trading unit it set up last year, according to a person briefed on the plan.

The new platform is an extension of PNC’s Wealth Insight platform, which the bank rolled out to high-net-worth clients in 2011 to wide acclaim.

BNP Paribas SA’s settlement talks with the U.S. over sanctions violations have headed out of the ballpark, compared with previous punishments levied by the Obama administration in such cases.

The advisor was permanently barred last week for running what appears to be a Ponzi scheme.

The Labor Department is one regulator that hasn't immediately fallen into line to give Credit Suisse Group a pass following its May 19 guilty plea for helping Americans evade taxes.

After years of mastering the intricacies of investments and portfolios, many advisors still have a hard time really understanding clients. The broker-dealers in the bank channel are trying to help unlock those secrets.