Wealth management

Goldman Sachs plans wealth product aimed at mass affluent

04/15/19

The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.

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First Republic hits asset milestone, tops $100 billion

04/12/19

The San Francisco bank has roughly doubled its assets in the last five years with the benefit of an acquisition.

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Envestnet adding lending option to its wealth services

04/10/19

The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans.

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City National names new head of private banking in L.A.

03/13/19

Nick Zappia is joining the bank from rival BNY Mellon in what is one of the first key hires of new CEO Kelly Coffey.

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Bank of America ditching Merrill Lynch, U.S. Trust brands

02/25/19

BofA is rolling out new names for its investment banking, wealth management and private banking divisions.

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RBC's results show signs of weakening credit conditions

02/22/19

Royal Bank of Canada reported a 5% increase in quarterly profits, but a sharp increase in its loan-loss provision is raising concerns about credit quality.

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Chemical, TCF to merge, creating $45 billion-asset bank

01/28/19

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be headquartered in Detroit, Chemical's hometown, and operate under the TCF brand.

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Provident Financial to buy New York wealth management firm

01/22/19

Provident's investment adviser unit will have nearly $3 billion in assets under management after it buys Tirschwell & Loewy.

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Strong commercial lending offsets margin pressure at First Republic

01/15/19

The San Francisco company's quarterly earnings also reflected higher wealth management revenue.

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Fulton Financial's latest acquisition to add scale in wealth management

01/03/19

The Pennsylvania company has agreed to buy Forney Financial Solutions.

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