Bank of America Merrill Lynch

BMO Wealth Management aims to modernize its investment service and give advisers better equipment. Others offering automated advice solutions include UBS, Wells Fargo and JPMorgan.

Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.

Banks have strictly controlled adviser-client text communications due to regulatory concerns.

They aren't creating new products, but some lenders are advising cash-strapped customers in high-tax states to tap home equity or other credit lines to prepay property taxes before the new tax law kicks in.

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era.

In a world where information overload can leave investors paralyzed, Candace Browning's focus is turning mind-numbing reams of data into actionable intelligence.

B of A's Anne Clarke Wolff says attrition continues to thwart efforts to improve gender equality in the banking industry's top ranks.

A recently announced partnership with Nasdaq is one of multiple investments Citi has made in ventures related to distributed ledger technology, its chief financial officer said Tuesday.