The short-term loans surged in popularity during the pandemic thanks to consumers who were flush with extra cash and limited to shopping online.

Wells Fargo, which set aside $2 billion last quarter to deal with legal matters, said it's in discussions with the Consumer Financial Protection Bureau to resolve investigations.

Credit Suisse Group executive Yves-Alain Sommerhalder is leaving, adding to top-level departures as the firm seeks to get back on its feet amid a massive restructure.

Despite a 21% fall in profits, the Saint Louis-based brokerage pulled in new advisors in both employee and independent channels as its wealth revenue continues to climb.

The behemoth wealth firm said it recently brought in its largest recruited groups ever, a strategy that paid off as it contributed to record net revenue for the third quarter.

The firm is also trying to upgrade its services for advisors through new digital chatting tools to get in touch with the corporate office without any phone calls.

Higher interest rates pushed up profits as the company revealed the timing for completion of the massive $2.5-billion integration of its 2020 acquisition.

Core assumptions that underpinned record growth in recent years no longer hold.

The troubled Swiss bank is breaking up its investment bank, separating the advisory and capital markets unit and selling the majority of a trading business.

A new Arizent study finds that the wealth management industry is lagging behind on diversity, equity and inclusion progress. Still, many advisors believe in the value of diverse perspectives.

The benefit is for entry-level employees at the investment firm's call centers in several states.

The brokerage added more than 200 independent financial advisors for the second quarter in a row while driving up the productivity of its existing ranks.

Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.

The Swiss bank grew its U.S. advisors by 2% in the third quarter,

Private Advisor Group is going through a CEO succession, while $2.5B firm CCR secured financing from the parent of its longtime brokerage.

The collapse of the Wealthfront acquisition suggests a CEO who hasn't fully established himself as leader and has yet to make his digital-banking push clear.

Almost 60% of the 564 respondents in a recent survey indicated they viewed the recent spate of legal action in crypto as a positive sign for the asset class.

The Narragansett Bay Group in Providence, which specializes in serving the ultra wealthy, intergenerational wealth and business owners, has moved to UBS.

Fidelity Investments is hiring an additional 100 people for its digital assets unit, stepping up an expansion that started in May and taking advantage of turmoil among crypto firms to lure talent. 

If the fair's first edition here does well, it's a sign that Paris is back. If not, tant pis. So far ultrawealthy buyers are flocking to the event.