Grantor retained annuity trusts allow wealthy children to pass investment gains on to their parents or grandparents without dipping into their $5 million lifetime gift tax exemptions.

SEI Advisor Network added 406 new registered investment advisers last year as it increased assets under management to $31.1 billion.

HSBC will halt its push for new clients of HSBC Premier, its flagship banking service aimed at wealthy international clients, as it tackles company-wide cost overruns.

The company said the move reflects intense competition and a "significant decline" in origination volume.

Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.

Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.

The key for bankers to stay safe from mystery shoppers using aggressive techniques — many of whom are well funded by community investment pacts with megabanks — is to adhere to proper lending practices 24/7.

It’s past time for Congress to investigate these transactions at the federal level.

The executive order on cryptocurrencies leaves many important questions unaddressed.