Nonbank fintech company Robinhood, an online brokerage firm, has backtracked on plans to offer what it called a “checking and savings” account that would have paid 3 percent interest with no fees.
Browsing: Wealth Management
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority” for 2019, SEC Chairman Jay Clayton said in a speech today.
Community bankers talk talent, strategy and getting to scale in wealth management.
One in four Americans are caregiving for someone, and nearly two-thirds of those are helping manage someone’s financial affairs.
As long as banks have existed, they’ve deployed innovative technology to better serve their customers and improve efficiency. On the latest episode of the ABA Banking Journal Podcast, two leading bankers discuss distinct approaches to partnering with fintech firms today.
On the latest episode of the ABA Banking Journal Podcast, bank CEO and newly minted ABA Chairman Jeff Szyperski talks about the key strategic drivers of success for his $803 million community bank.
A new proposal from the Department of Labor today would allow small businesses to band together to offer 401(k) plans to employees like those offered by larger companies.
As more consumers seek to use various nonbank fintech solutions that depend on bank-based data, the Financial Services Information Sharing and Analysis Center today launched Financial Data Exchange, or FDX, an organization that will facilitate the secure sharing of customers’ data.
Clay Ewing is president and chief banking officer of a community bank with a name that reflects its heritage — but German American Bank is well ahead in developing a well-rounded community bank model that thrives.