Banking

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.

Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly.

Three years ago, the New York-based fintech started organizing a monthly gathering for its female employees. The meetings have helped participants find role models.

The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.

Co-founder Keith Weber says the firm will help community-minded institutions stay true to their mission while boosting profitability.

The robo advisor rolled out a new partnership with a handful of banks to give clients a fully insured place to keep their cash.