Wealth management

Shadows loomed over Credit Suisse and First Republic early Thursday, but the sector outlook brightened after billions of deposits were pledged to the U.S. bank.

The San Francisco bank is said to be exploring strategic options that include a sale, according to people familiar with the matter. The firm is also weighing options for shoring up liquidity, some of the people said.

The regional firm said it had won out over other candidates to provide investment program support to roughly 100 Comerica financial advisors.

The new Greenlight for Work program allows employers to provide working parents with financial education for their whole family.

AlumniFi, built by Michigan State University Federal Credit Union and Nymbus, has partnered with fintechs to help its college-grad users improve their finances and pay down debt.

The bank will try to convince investors that its Asset and Wealth Management arm is poised to make Goldman more competitive.

Goldman Sachs is offering its richest clients access to a fundraising round for Stripe, the payments giant that's trying to raise billions in part to cover a looming tax bill.

Customers will enter or modify their financial goals in Life Sync, which will immediately alert their financial advisor. 

The Columbus, Ohio, bank hopes both to reduce costs and increase revenue by consolidating three segments into a single unit. Huntington is particularly focused on building out its wealth management business.