Despite concerns over the struggling industry, the banking giant aims to increase its offering.

Some investors are cashing out of private-credit funds, and that could leave banks more exposed to them.

The head of a giant Wall Street bank was dining with a buy-side rival when the investor casually called banks “utilities.” What stung most, the CEO thought: It wasn’t meant as an insult. But at the ...

When there are problems at non-banks, also known as non-depository financial institutions, investors correctly worry that there could be problems at banks.

The U.S. banking industry is entering a new era in which regulated banks and private lenders are increasingly intertwined. We believe this trend will continue to open attractive opportunities for ...

The regional bank intends to add at least five private wealth teams this year, as it seeks to differentiate with integrated service for high-net-worth clients, the bank’s president said.

Bank of America (NYSE:BAC) Private Bank and Merrill Wealth Management, another BofA division, introduced a private market program called Alts Expanded Access for ultra-high-net-worth ("UHNW") clients ...

In a world where most financial systems are externally controlled, the idea of creating your own internal banking structure can feel both empowering and unconventional. For generations, families have ...

Private banking’s fastest-growing segment is in the $1 million to $5 million range. Serving them requires a new business model.