Banking

The firm plans to focus on raising money for products that lock up capital for several years, according to people with knowledge of the matter.

The robo strikes a deal to offer direct deposit service and debit cards.

The JPMorgan chief executive said he couldn't understand why Wells Fargo could have CEO Tim Sloan step down without a successor ready to go.

Firms look to attract client cash from Wall Street institutions by offering a buffet of services that cover banking and investing needs.

BlackRock will appoint an “independent fiduciary to vote” on proxies, according to a spokesman.

Advisors who aren’t putting in the work to attract the next generation are taking a risk.

Asset managers are seeking alternatives to standard mutual fund products.

Clients are paying about half as much to own funds as they were 20 years ago.

The expanded line up of index funds demonstrates one way the brokerage industry is grappling with an ongoing race to offer products at the lowest price.

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.