Practice management

Rep. Randy Neugebauer, R-Texas, is gearing up to play a leading role on the House Financial Services Committee next year — to ensure that regulators do not overstep their bounds.

Client segmentation and scheduled marketing campaigns are key to efficient communications, Dan Kraus says.

Four years after it began charging risk-based premiums, the Federal Deposit Insurance Corp. is set to revamp them again for the largest institutions.

With 266 million users in North America, the Internet and social media have become a significant part of the financial services landscape.

Bank of America Merrill Lynch introduced a gauge of risk, hedging demand and investment flows, the bank and brokerage firm said, "is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators," such as the Chicago Board Options Exchange Market Volatility Index, or VIX.

In an era of low interest rates, weak loan demand and unprecedented efforts by the Federal Reserve Board to pump liquidity into the economy, the demand for Federal Home Loan Bank advances has plummeted to a 10-year low, raising questions about the system's future as the government weighs a redesign of the housing finance sector.

With the U.S. Department of Labor poised to toughen rules for consultants and advisers to retirement plans, industry practices are under a new spotlight. Some like SEI may exit the business all together.

They expect their own stock holdings to rise over the next six months.

Frank Keating pledged Tuesday to take a bipartisan approach as the next head of the American Bankers Association, dismissed concerns about a past scandal from his former career as Oklahoma governor as "unfair" and touted his experience with issues relevant to mortgage securitization and the Bank Secrecy Act.

A pullback in reserves helped drive another solid profit for banks and thrifts last quarter, but the Federal Deposit Insurance Corp.'s assessment of the industry's health Tuesday was tempered by mortgage fallout concerns.

Automating client communications has doubled Ross Marino’s production while halving his time at work.

The unilateral market crash has half of high-net-worth clients wondering whether they’re not better off self-directing.

The inclusion of one word in the Dodd-Frank law is raising concerns among bankers that it will lead to a ban on certain financial products or services.

Some 51% of respondents have failed to make a rent, mortgage, credit card, auto loan or college loan payment over the last year because they were short of funds.

While just about every financial services firm is gung ho about social media’s potential as a marketing tool, Aite says that few have any cohesive strategy, or any proof it’ll work.

Affluent Americans are so concerned about not having enough money on hand for emergency expenses that they are putting their retirement savings at risk by keeping money in low-yielding products, such as savings accounts, CDs and money market funds.

The FDIC Chairman discussed her priorities for the rest of her term, and the many bankers who think she is too focused on consumer protection will be surprised to hear her list.

A state regulator fined a Bank of America investment unit for allowing its advisors to mislead clients about bonds related to government sponsored enterprises.

Fund executives also don’t like the proposed new name “marketing and service fees.”

The ugly truth is that more and more Americans are incurring debt with no plans on paying it back before they pass away.