John Hancock Funds has announced an advertising campaign that showcases its investment management expertise and trusted brand.

Technology is changing some of the tenets of client recruitment in the wealth management industry, even when the targets are high-net-worth prospects with complex financial lives.

Once slow to switch financial service providers, ultrarich families have been replacing vendors that provide support services at a quick pace since the financial crisis.

Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.

Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.

A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage.

A few changes to underwriting rules could result in a huge opportunity for both lenders and minority women who own businesses.

The so-called reserves held by the issuers of stablecoins like Tether and USD Coin aren’t the risk-free assets that the term connotes. For all the public knows, they could largely consist of low-grade corporate debt.

Current regulations barring out-of-state banks from siphoning deposits from local communities are effectively toothless, as the experience in Miami has shown.