Banking

Central Valley Community Bank of Fresno, California, will look to Raymond James to help it expand its client investment offerings.

The estimated $490 million deal is a part of a push from Nippon Life to expand its asset management operations.

The firm would not comment on the cause.

Advisors must understand the unique challenges presented by these companies.

Wealth managers are fielding calls and emails from clients worried they’re missing out on something big.

The firm will now directly link to Acorns, following its roughly $30 million investment in the microinvesting app.

Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.

Acquiring a retirement savings tool provider allows the app to broaden its offerings to millennial clients.

The 22 million Gen X and Gen Y clients banking with Wells are a competitive advantage for its digital advice platform, executives say.

California Credit Union and North Island Federal Credit Union consolidated their investment programs in anticipation of their merger in March.