Union Bank of California enjoyed a steep increase in brokerage revenue last year as a result of referrals to its financial advisers from a beefed-up corps of licensed bankers.

UBS Wealth Management Americas has added Bank of America Merrill Lynch financial adviser Louise F. Gunderson to its midtown New York private client branch.

Despite the recent stock boom, nearly half of investors said they trusted financial services companies less in 2010 than in 2009, according to an Edelman survey released Thursday.

The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency.

As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.

Third-quarter results from the Michigan Credit Union League show hundreds of members are joining CUs in the Great Lakes State each day.

Congress waited too long to address the out-of-control housing market, leading to a crisis in 2008. Now, with home prices soaring and the government-sponsored enterprises' portfolios at record levels, lawmakers are in danger of repeating that mistake.

In an open letter to Sandra L. Thompson, President Biden’s nominee for director of the Federal Housing Finance Agency, two longtime advocates of the Federal Home Loan banks suggest a new path forward.

When big banks trim their branch networks, community banks operating in the same markets see a chance to pounce.