Wealth management

Fidelity latest financial firm to facilitate data sharing with fintechs

11/14/17

Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.

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Ally Financial taps former Citi exec to lead corporate strategy

11/08/17

Dinesh Chopra is online bank's first-ever chief strategy officer.

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What women's growing wealth means for banks

10/31/17

Even as women make up an increasing share of potential clients in the private wealth sector, only a small percentage of financial institutions are reaching out to them.

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Iberiabank to buy Gibraltar Private Bank in Fla. for $223 million

10/20/17

The Lafayette, La., company also reported its third-quarter earnings, which fell by more than 41% from a year earlier as it recorded several one-time charges.

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How one M&A deal at Midland States led to another — its biggest yet

10/18/17

The Illinois company, four months removed from its last bank acquisition, just announced the biggest purchase in its history. Alpine Bancorp. will add low-cost deposits and scale to Midland States' wealth management business.

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Gorman's brokerage play lifts Morgan Stanley to higher profits

10/17/17

Morgan Stanley’s net income rose 12% to $1.8 billion, or 93 cents a share, from $1.6 billion, or 81 cents, a year earlier.

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Strong loan, revenue growth boost First Republic's 3Q profit

10/13/17

Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets.

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HSBC names new CEO; BlackRock assets near $6 trillion

10/12/17

John Flint, HSBC's current retail chief, will take the helm next February; asset manager BlackRock has added $1 trillion of assets in the past year, or more than $1.5 billion every business day.

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Who's new in the Most Powerful Women rankings for 2017

09/29/17

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here’s an overview of the changes. Plus we recap all of the stories so far, including the top team winners, a feature on CIT Group’s Ellen Alemany, and New York regulator Maria Vullo’s op-ed on the Fearless Girl statue.

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Fidelity has 'real need' to recruit more women, CEO Johnson says

09/27/17

For people well-schooled in the relationship between supply and demand, here's one Fidelity Investments may not have seen coming: The demand for female financial advisers outstrips the supply.

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