News Topic: Wealth management

Double-digit gains in interest and noninterest income more than offset higher deposit, compensation costs. ... Read full article

Diane Schumaker-Krieg, the global head of research economics and strategy at Wells Fargo and a mainstay on American Banker's list of the Most Powerful Women in Finance, plans to step down at the end of the year. ... Read full article

The UBS executive discusses how a sudden, life-threatening illness changed her outlook on life and business. ... Read full article

In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers. ... Read full article

The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala. ... Read full article

The mass retirement of baby boomers and the growing affluence of women are the biggest disruptive forces in the industry, says Gunjan Kedia. Here's how she's dealing with them. ... Read full article

In five years, Moy has built from scratch a thriving business unit that is focused solely on developing easy-to-use, customer-facing technology for U.S. Bancorp's wealth management clients. ... Read full article

Under Erdoes, the megabank's asset management unit posted record revenue and net income in 2017 as client assets hit an all-time high. ... Read full article

Stephanie Cohen of Goldman Sachs and Gunjan Kedia of U.S. Bancorp are making their debut among the Most Powerful Women in Finance this year. Check out the full list to see all of the women and where they rank. ... Read full article

Maria Tedesco's duties will include oversight of commercial, business and consumer banking at Union Bank & Trust. ... Read full article

Since John Turner took over as CEO in July, Regions has announced several executive appointments, including promoting Kate Danella to oversee strategic planning. ... Read full article

Seven credit unions have asked Michigan's banking regulator for permission to launch a trust company, a move that bankers says oversteps that industry's role of helping people of "modest means." ... Read full article

The Detroit company is facing stiffer competition in the battle for online deposits, but it has benefited from a key rival's retreat in auto lending ... Read full article

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal. ... Read full article

The unit’s profits plunged in the second quarter as the company contended with the fallout from overcharging wealth management clients. Was it a one-off or the beginning of a long-term problem? ... Read full article

People's United in Connecticut pored over all the customer data it could find to persuade customers to give the midsize bank — instead of advisory firms and investment houses — a shot at managing their money. ... Read full article

Strong demand for business and multifamily loans, combined with double-digit growth in wealth management revenues, more than offset rising expenses. ... Read full article

Bradley Leimer, Moderator, Managing Director and Head of Fintech Strategy Explorer Advisory & Capital, Dann Bibas, CEO, Fountain, Deborah Owens, CEO, WealthyU, Saad Zariff, Vice President of North America, Wahed Invest LLC. ... Read full article