Banking

To save time and money, the megabank is embracing machine learning-driven tools.

On the same day, the OCC faulted the bank for engaging in an “extensive and pervasive pattern” of discriminatory and illegal lending practices for years.

Wirehouse and regional advisers can help honor the industry's top leaders.

Google Play and CFSI aim to improve use of financial health apps through a storefront organized by consumers' needs and by publishing a guide for app developers.

The German bank said the new space will help its 7,000 bankers in New York connect with startups.

Qapital's funding round comes as banks are increasingly adding money-management tools to their mobile apps.

Data aggregators want to apply their technology to lending decisions.

Drew Sievers says the adviser tech firm is ready to cover lost ground in the market and compete.

Some banks are looking to hire advisers or buy firms, while others are looking to get out of the business entirely.

Chatter about bank-nonbank combinations pops up frequently, as it did in a low-profile way this week, but there are reasons you should be skeptical even in these anything-could-happen times.

The bank will add "targeted talent that will play more of an advisory rather than transaction-oriented role," says SunTrust's CFO.

The bank's board is considering whether to withhold bonuses for CEO Tim Sloan and Chief Financial Officer John Shrewsberry.

The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.

Executives also estimate how much of their advisory force will quit in the wake of the DoL rule.

The firm's latest hire had spent 17 years at Raymond James and its predecessor firm, Morgan Keegan.

The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees.

A consortium of fintech companies have formed a new industry group to advocate for better data sharing via open APIs.

Nearly half of U.S. clients would switch to tech giants for advisory services, according to a new study.

Advisers will create strategies and communicate the advice. Software will handle the execution and maintenance of the strategies.

The expansion of hybrid platforms and bank digital advice promises big changes and fierce competition in automated wealth management.