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A new pilot program will test whether clients will be drawn to a voice-controlled technology the retailer's customers know as Alexa.
October 25 -
CEO Wayne Bloom says the threat of lawsuits in the wake of the new regulation prompted the change, which could be a first among IBDs.
October 25 -
Prosecutors served a warrant seeking names of employees who opened unauthorized accounts, as well as the bank’s fee structure and a calculation of losses suffered by affected customers.
October 20 -
Strong growth in deposits and mobile users, as well as questions concerning Wells Fargo, had BofA executives addressing the notion of scaling back branches.
October 18 -
The bank has already taken action in instances of staff misbehavior, according to Chief Financial Officer Marianne Lake.
October 14 -
Wall Street analysts are divided on how much a changing of the guard will help; lawmakers on Capitol Hill say it's not enough.
October 13 -
The No. 3 U.S. bank by assets has made a change at the top after a snowballing scandal involving the creation of fraudulent accounts.
October 12 -
A tale of two banks emerges from a hearing on Wells Fargo's phony account scandal; one calls the problem an aberration, the other routine.
October 12 -
Assets in college savings plans named for an obscure section of the tax code hit a record this summer, totaling $266.2 billion, up 5.1% year-over-year.
September 30 -
The compensation loss is the biggest for a major U.S. bank chief since the 2008 financial crisis.
September 28 -
Financial institutions are looking to fintech entrepreneurs to bring innovation in.
September 28 -
Doubling revenue within three years can mean taking chances — but that doesn't faze Christopher D. Davidson, a man who jumps out of perfectly good airplanes just for fun.
September 21 -
Wells Fargo Chief Executive John Stumpf arguably faces the challenge of his career on Tuesday as he appears before the Senate Banking Committee to answer criticisms that he and other top bank executives should have detected and stopped millions of phony accounts from being opened.
September 19 -
The bank named a head of private wealth management for its northern California and Pacific Northwest region.
September 19 -
John Stump, once seen as the All-American Main Street banker, is now battling to restore the bank's reputation.
September 15 -
Young upstarts have to take a long, hard look at their business models and make key investments as the market cools off.
September 14
Bill.com -
The recruit also previously worked for Morgan Stanley, Merrill Lynch and RBC.
September 13 -
Nabbing clients away from competitors is a tried-and-true form of corporate growth. Check out these poaches from the bank channel.
September 12 -
Algorithms are based on pure math and cannot be biased. Right?
August 31 -
The veteran supervisor got his start at Merrill Lynch in the early 1980s.
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