Commercial banking

The promotion comes as wealth management firms accelerate efforts to roll out digital advice platforms.

Executives at the embattled bank made clear Thursday that they are not discarding its long-standing strategy of selling additional products to existing customers.

Ex-Goldman Sachs executive stresses advisers need sophisticated tools to compete in a crowded robo market.

This may be the largest financial transaction an adviser will handle.

The compensation loss is the biggest for a major U.S. bank chief since the 2008 financial crisis.