The National Association of Personal Financial Advisors announced the creation Jan. 21 of NAPFA Genesis, a networking group that is to supply a venue for young planning professionals to share best practices, including those concerning the use of social media.

Reliance Financial Corp. announced Jan. 25 that its subsidiary, Reliance Trust Co., has bought Harrington Wealth Management Co. from Pacific Western Bank.

Fewer wealthy Americans are using mutual funds, and among those investors who continue to use these investment products, allocations are down significantly.

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

Despite recriminations about how the crisis and ensuing regulations have tightened loan access, an actual assessment of mortgage credit availability finds the situation is more complicated.

Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

Just 6% of banks say they're using cloud computing, artificial intelligence and other technologies to improve efficiency and maximize performance. Here's what the other 94% should be doing.

Banks talk a good game about thwarting fraud and protecting consumers and businesses, but the experiences of this author, a former bank regulator, illustrate how the quality of such efforts varies dramatically from one bank to the next.

The IRS and Justice Department waged a successful campaign to crack down on UBS and other Swiss banks for facilitating tax evasion. Coinbase, Kraken and other crypto exchanges should take note.