Wealth management

The regional bank said dozens of new hires give it a major presence on both coasts, and it plans to build out its team of advisors and its private banking products.

Executives say Bank of New York Mellon can maintain its upbeat forecasts on net interest income and perhaps beat its expense-control goals. However, they warn deposits could shrink in the second half.

The New York megabank benefited duing the second quarter from strong revenue growth in its giant credit card business, which helped overcome headwinds in wealth management and investment banking. But executives indicated that the script could soon flip.

The New Jersey institution has hired Jeanne Scungio, a veteran banker who ran First Republic Bank's New York operations, to oversee its expansion into the Big Apple.

Citizens made waves with its hires of around 50 private banking staff from First Republic. The head of wealth management at Citizens shared what's next.

The automated investment service is the latest offering from the U.K. challenger bank as it works to break into non-European markets.

Private equity shops looking to fill out their 2024 associate classes were forced to do a second round of recruiting this year after initial efforts fell short.

Brijesh Goel was convicted Wednesday of tipping off former Barclays Plc trader Akshay Niranjan about deals at Goldman.

The environment for initial public offerings in the U.S. has surged since last September, and it's set to keep rising.

The Swiss bank inherits its former rival's entire litigation portfolio, facing hundreds of millions of dollars in regulatory fines over Credit Suisse's dealings with Archegos Capital.