Raymond James Financial has completed its acquisition of Howe Barnes Hoefer & Arnett Inc.

John Paulson, founder of the hedge fund giant Paulson & Co., earned a record $4.9 billion in 2010 overseeing a fund that exited the year with more than $36 billion under management, according to a new survey from AR Magazine.

Although 68% of asset managers have a social media strategy, that number should be far higher to meet consumer and financial intermediary interest, according to a report from kasina.

The bank was fined $25 million for what the Office of the Comptroller of the Currency said was an inability to provide the discounts to all who were eligible.

The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.

Revised legislation would exclude credit unions from Community Reinvestment Act requirements, but could make the National Credit Union Administration the de facto enforcer of how CUs meet the needs of underserved markets.

Agencies supervising lenders should make it clear that the transition to less discriminatory algorithms won’t be used to punish banks for their previous use of older, less effective systems.

Bank and financial services supervisors have an affirmative duty to address the deep economic divide facing minorities in the U.S.

The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.