Investment strategies

The investments that Rana Yared's team makes in startups help Goldman Sachs in two ways: Besides earning a profit, the company also uses a lot of the technology the startups develop as part of its internal digital transformation.

The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.

Built Technologies will use the money to invest in research and development while it builds out its client base.

The fintech company, which was forced to rebrand its cash management product last year after misleading marketing caused a backlash, is seeking a national bank charter.

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.

A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money.

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

Many digital-only robos are slowly adding human advisors.

A 2016 law expanded credit union powers in the Great Lakes State, but it also capped how CUs can invest in GSEs – a move that nearly cost one institution $6 million.

Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.

Tom Walker will retire at the end of next year. The company is currently considering two internal candidates to take over.

The financial system is safer than it was 10 years ago, says John Taft, vice chairman of Baird. But there are still risks lurking unseen in areas like ETFs,

SigFig is partnering with Citizens Bank to launch an advice platform in its effort to become a direct competitor to legacy core systems providers.

Bankers say the agencies’ proposed rewrite of the trading ban would do more harm than good, while the Volcker Rule’s most ardent supporters worry the overhaul will enable risky behavior by the largest institutions.

Diane Schumaker-Krieg, the global head of research, economics and strategy at Wells Fargo and a mainstay on American Banker's list of the Most Powerful Women in Finance, plans to step down at the end of the year.

Copying big banks, smaller institutions are pairing with robos to meet changing mass-affluent preferences in long-term investment products.

Patterson is typically helping investors stay abreast of what will influence their decisions in the market. But over the past year she has invested more effort in sharing her insights with those who are influencing markets — and the country — in a much more direct way.

By embracing big data, the global research division headed by Browning saw, in one year, a 700% increase in the number of research reports it was able to publish.

Under Chang, J.P. Morgan's top-rated research team produces more than 140,000 reports, models, updates and alerts annually.