Banking

When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

The hiring will “reflect the changing nature of fund management,” a company spokeswoman said.

The changes follow a challenging first quarter for the firm’s wealth management operations.

CEO Walt Bettinger says advisors tell him they aren’t worried about the new pricing model.

Bank critics and some lawmakers quickly seized on a tone-deaf posting by JPMorgan Chase that was designed to tout the virtues of saving money.

In the first full year under Atria Wealth, the firm added programs from banks and credit unions with $7 billion in assets.

Despite ongoing consolidation among investment management platforms, the fintech's chief executive says there's plenty of space to serve advisors who have clients with complex needs.

CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”

The investment platform, which is in the early stages of development, will be part of Marcus, the firm's consumer bank.

Startup or low-AUM firms have options outside of the big four.

Clients are increasingly favoring accounts suited for emergency spending, research shows.

President Andy Sieg sees room to add to the firm’s ranks in novel ways.

The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans.

The firm’s fixed income and currencies trading unit head is among the high-profile executives to leave, according to people familiar with the matter.

Forward-looking firms are implementing digital advice offerings that can take them beyond allocating to a model portfolio.

The bank's general counsel is temporarily in charge of an external search for a new CEO.

Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.

The regulator is going back to some of the firms that voluntarily settled, requesting information on revenue sharing.

The deal will give Janney greater access to the community banking sector.

In a tense back and forth with lawmakers, the embattled CEO pushed back on claims that the bank still pressures employees to hit sales targets and retaliates against those who speak up.