Bank Channel

DoL Fiduciary Rule: Will Banks Kiss Their House Products Bye-Bye?
Banks are likely to accelerate the shedding of their in-house mutual fund businesses in light of the proposed rule.
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 »
The decline was due to the fiduciary trust businesses moving to a more open architecture platform and a drop in AUM in proprietary mutual funds. Read More »
Why BBVA Compass inked a deal with BlackRock's recently acquired robo platform, FutureAdvisor. Read More »
Judging from the questions executives fielded about everything from the slowdown in China to the bank's energy exposure to the potential for another 2008-style crisis, worries are running high. Read More »
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