High net worth

First Republic adding half-dozen branches in Manhattan

01/14/20

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.

[more]

NCUA Chairman Rodney Hood praises Trump in new White House video

10/04/19

Hood's comments mark an unusual turn for an industry famous for its bipartisanship.

[more]

JPMorgan Chase's Mary Callahan Erdoes: The Most Powerful Woman in Finance

09/22/19

A decade into her role as head of JPMorgan Chase's asset management arm, Erdoes continues to deliver strong results for the nation's largest banking company.

[more]

Bryn Mawr Trust seeks to go where robo can't

08/22/19

How is the Pennsylvania bank trying to differentiate itself in wealth management? By assembling a team of private bankers to cater to the complex needs of high-net-worth clients.

[more]

Lian Duan, China Merchants Bank | Most Powerful Women: Next

04/28/19

"If you gathered the U.S.-based senior counsels of the major Chinese banks operating in the United States," said Joseph Loffredo, assistant general manager and chief financial officer at the New York branch of China Merchants Bank, "you'd find one outlier, a lady about half the age of most of the others."

[more]

Dimon on tax-hike proposals: The rich 'can afford to pay more'

01/30/19

Billionaire CEO Jamie Dimon is OK with tax hikes on the rich, as long as the revenue goes where he thinks it'll do the most good.

[more]

BofA shuffles leadership in consumer banking, wealth units

12/05/18

The company also expanded the responsibilities of Chief Administrative Officer Andrea Smith.

[more]

UBS face $6 billion fine as tax-fraud trial nears end

11/08/18

The Swiss banking giant has been accused of helping wealthy French clients hide assets from tax authorities.

[more]

Citizens to buy wealth management firm in New York

11/05/18

Clarfeld Financial Advisors will become a division of Citizens Bank Wealth Management.

[more]

Warren calls for Sloan's head; bank groups pan Volcker 2.0

10/19/18

The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.

[more]