Wealth management

New CEO Ronald O'Hanley is pushing to reduce expenses, automate more functions and simplify the organizational structure.

There had been a cascade in recent days of downgrades and other negative forecasts in connection with big banks, but some analysts on Wednesday picked up the industry's argument that fundamentals are stronger than the markets are giving banks credit for.

More companies are adding financial health programs to their benefits, creating a market that fits with one of the common uses consumers have found for prepaid cards.

The Pennsylvania company has agreed to buy Forney Financial Solutions.

A pair of studies released Thursday show consumers once again added to their debt burden during the holiday season even as they admit to needing more financial education.

Rushing to copy the Amazon experience, banks and fintechs are focused on simplifying financial services online. A Georgia Tech researcher says that approach is risky.

From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.

Investors are spooked by banks' exposure to oil and other sectors threatened by a global slowdown as well as by policy uncertainties, but banks argue credit quality is strong and recession fears are exaggerated.

It was a year to remember for women executives at SunTrust and Amex’s new CEO, and one to forget for Wells Fargo and investors in bank stocks.