Bank Channel

Bank Wealth Management: Who's Winning the Revenue Race?
While the final revenue figure will not be available until late April, data through the third quarter suggests that bank wealth management businesses may match 2014's record revenue.
The bank's new ultrahigh-net-worth "boutique" plans to fend off rivals by leveraging the global resources of its French parent, BNP Paribas. Read More »
Royal Bank of Scotland tapped the head of Asia wealth management at JPMorgan Chase to lead its private-banking businesses. Read More »
Banks are likely to accelerate the shedding of their in-house mutual fund businesses in light of the proposed rule. Read More »
By analyzing the advisory business in a misguided way, many banks are making the wrong decisions on hiring advisors and investing in technology. Read More »
Here are eight bank advisors that we've identified as having the right characteristics for ongoing success in the industry. Read More »
In a presidential race dominated by populists and even an aging socialist, the establishment candidates that bankers prefer — Hillary Clinton and Marco Rubio — had a good night in Iowa on Monday. But the race is far from over, and the Iowa results showed some ominous signs as well. Read More »
When it comes to banks and credit unions, some old wounds never heal. Read More »
The lawsuit stems from the conflicting demands placed on advisors who are expected to cross-sell banking products. Read More »
The bank is mostly known for high-end clients but this new effort is focused more on the middle class. Read More »
The Tupelo, Miss.-based regional bank generated $5.4 million in fourth-quarter revenue from its wealth management operations, down 9.3% year-over-over. Read More »
Fourth-quarter revenue from trust and investment services fell 6% to $79 million from $84 million a year ago. Revenue from the retail brokerage business also slipped, falling 3% to $71 million. Read More »
The newly appointed executive will coordinate a cross-platform family office strategy to ensure that family offices can access Wells Fargo's products and services easily. Read More »
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