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.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

The Albany, N.Y., institution has made millions of dollars in mortgages through a program launched in July meant for those who do good in the world.

The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.

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.

Despite rising wages and savings, Americans are stressed by debt and pessimistic about their financial prospects. For banks, delving into the reasons is the first step in helping customers achieve a greater sense of economic security.