Branch banking

The Charlotte, North Carolina-based bank, which is focusing its growth push in the Southeast, is also planning to renovate 300 existing offices as part of an effort to attract more mass-affluent customers.

TD Bank estimates it hands out 20 million pens every year. Huntington is getting close to offering its 80 millionth pen. It's a way to get a bank's brand to travel with customers across the globe, but is it worth it?

The London-based banking giant announced a plan this week to exit the mass-market U.S. retail business and focus on managing the wealth of affluent globe-trotters. But other international banks will provide stiff competition.

Nate Angelo will be responsible for 137 advisors who manage roughly $20 billion in assets.

Several companies said this week they’re slashing expenses as the economy limps along. Others would prefer to keep investing in new technologies to better gauge which changes in consumer behavior will stick.

The bank is more diligent than its rivals in helping to reduce the spread of coronavirus, according to a new study.

Bankers spent Monday cleaning up damaged branches, wondering if their small-business clients will need more emergency aid and contemplating how the racial and economic inequalities highlighted by days of violent protests nationwide can be corrected.

The changes follow new leadership of the bank’s recently unified wealth management operations.

Both men started their careers as financial advisors before moving into leadership.

While many institutions are taking protective steps, others want to stay open to promote public confidence in the banking system.

The wirehouse shifted and added roles in its private wealth business to capture opportunities in the ultrahigh-net-worth client space.

"We're going right at Bank of America, folks, in Charlotte, their hometown," JPMorgan Chase CEO Jamie Dimon said to cheers and laughter at a branch opening in midtown Manhattan. "We've been waiting a long time to start the expansion of Chase retail."

The client relationship should be the sole focus of new technologies, says the firm’s chief operating officer.

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

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

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