IN|VEST 2017: INNOVATIONS IN INVESTING, SAVING AND ADVICE:Wealth management is increasingly technology driven—with new user interfaces, account aggregation, artificial intelligence and regulatory changes driving progress for those at the leading ... Read full article
Opes Advisors has 39 locations in California, Oregon and Washington. The firm generated $3 billion in mortgages last year. ... Read full article
Credit Suisse, the second-largest Swiss wealth manager, faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders. ... Read full article
The Justice Department believes that Pyongyang was behind last year's New York Fed heist; Marcus Schenck, DB's CFO and deputy CEO, may be next in line to head the big German bank. ... Read full article
The San Francisco firm unveiled a new logo that prominently depicts its connection to its longtime owner, BNP Paribas. In doing so, it is wagering that any fallout from negative public perceptions of global megabanks will be outweighed by new opportunities ... Read full article
Yolande Piazza has been serving in the role on an interim basis since Heather Cox left for USAA. ... Read full article
The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania. ... Read full article
The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action. ... Read full article
CIBC’s CEO vows to stay “disciplined” in his bid to buy PrivateBancorp, even as some of the Chicago bank’s investors say the deal is insufficient. The head of RBC, meanwhile, said it will pursue organic growth instead of acquisitions, at least for a while. ... Read full article
Canada's largest lender reported double-digit profit growth in its latest quarter in part because of CEO David McKay's focus on expanding in private wealth and commercial banking in the U.S. ... Read full article
CIBC reported strong first-quarter numbers across the board in the kickoff of Canadian banks’ earnings season. ... Read full article
Some banks are looking to hire advisers or buy firms, while others are looking to get out of the business entirely. ... Read full article
The bank has shifted Chief Operating Officer Finn Caspersen Jr. to chief strategic officer and hired Robert Plante to succeed him as COO. ... Read full article
Sports stars face unique challenges obtaining credit, and bankers need to develop certain skills to court those prospects successfully. ... Read full article
Wall Street women on what the Women's March meant to them; UBS implementing a more female-friendly approach to wealth management; Beth Mooney outlines post-merger ambitions; and more. ... Read full article
Net income was also aided by a sharp drop in the provision for credit losses as chargeoffs on energy loans continued to decline. ... Read full article
The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees. ... Read full article
The San Francisco private bank reported double-digit gains in originations and noninterest income that led to a nearly 30% increase in profits last quarter. ... Read full article
An international regulatory body outlined a series of recommendations for reducing risks posed by the asset management industry, particularly increasing liquidity and reducing leverage posed by derivatives positions. ... Read full article
