In an increasingly competitive environment, institutions have been rethinking their approaches to providing wealth management — adding depth or acquiring scale; developing outsourcing partnerships; or shifting to open architectures. Following is a selection of recent coverage of key developments. B of A's Wealth Unit to Use U.S. Trust Title New Bryn Mawr Exec Revamps Wealth Effort UMB Scouting Wealth Management Acquisitions to Meet Its Growth Targets Wachovia to Hire 300 Private Bankers, More than Doubling Team Wachovia's National Path Runs Through Brokerage Getting Outsiders' Help in Wealth Management B of A — U.S. Trust to Centralize Leadership Asset Management Continues to Attract Some Small Banks Eliminating Silos: Easier Said than Done Boston Private: Charter Deal Shouldn't Slow M&A Strategy B of A Wealth Arm to Increase Staffing Platform Opens Opportunities for Comerica As Rivals Merge, Northern Trust CEO Stresses Organic Growth |
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At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
April 19 -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
April 19 -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
April 19 -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
April 19 -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
April 19 -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
April 19