Resources

The person-to-person payments market is heating up and has banks going head-to-head with a pack of crafty upstarts. At stake is a service that, after numerous false starts, may be on the verge of replacing cash for a wide range of transactions.

Banks of all sizes are looking to ramp up wealth management operations as other businesses sputter. Along with the promise of high fee income come high risks-including the regulatory and reputational varieties. American Banker editors discuss.

The U.S. Senate's leadership in resolving the government shutdown offers evidence that it’s also likely to lead the way in reforming mortgage giants Fannie Mae and Freddie Mac. That's good news for the many bankers who favor the bipartisan Corker-Warner bill over a House alternative authored by Texas Republican Jeb Hensarling.

About 80% of Bank of the West's wealth management customers are existing customers from elsewhere in the bank, according to John Bahnken, head of wealth management for the San Francisco bank.

The San Francisco unit of French bank BNP Paribas is in the "early part" of its plans to enlarge its asset-management operations, but Bank of the West already has tripled its number of financial advisors and doubled its number of wealth-management customers.

KeyCorp Chairman and CEO Beth Mooney's advice for career success.

KeyCorp's Beth Mooney on what her CEO role symbolizes.

Lifetime Achievement honoree Ellen Alemany notes how the industry has evolved since the start of her career. Alemany, the recently retired head of RBS Citizens Financial Group, accepted the award at an American Banker gala celebrating the industry’s most powerful women.