Wealth management

An international regulatory body outlined a series of recommendations for reducing risks posed by the asset management industry, particularly increasing liquidity and reducing leverage posed by derivatives positions.

Financial innovation will stall unless we, as an industry, collaborate on a universal data gathering standard.

Los Angeles fintech firm InvestCloud has acquired London-based Babel Systems for $20 million.

The burden of paying off student loans is increasingly falling on parents and grandparents, and a new report from the CFPB finds that these older borrowers are having a tough time making payments.

Corzine Settlement; Deutsche Fills Post; Student loans

The jobs of chief investment officer departments and financial advisers are likely to change as banks and stand-alone wealth managers adopt artificial intelligence to inform the advice they give clients.

The Minneapolis company's addition of Karen Wimbish, a former Wells Fargo executive, to oversee wealth management products is one of several moves by U.S. Bancorp as it builds up its investment-advisory services.

Opes Advisors shows would-be borrowers how purchasing a house fits into their total financial picture, now and years into the future. Many of its loan officers are licensed investment advisors.

It is time for financial services to rethink retirement savings given changing work habits, customers' expectations of technology and the need for better transparency in 401(k)s.

Bank of America's forthcoming mobile app update will include personal financial management features.