Topics: wealth

Chase Names Barry Sommers CEO of Consumer BankMay 23, 2013After leading Chase’s wealth management services since 2010, Sommers will be taking over the CEO role at its consumer bank.
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Make ‘Em Laugh: 6 Funny Bank Videos That Drive EngagementJanuary 18, 2013Banks may not be thought of as having a sense of humor, but these videos prove banks can laugh, often at themselves.
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Tycoons Shunning Financial Services as They Get RicherJanuary 17, 2013Tycoons are shunning banks and wealth managers, preferring to put a flood of money from selling stakes in companies into property and new ventures rather than trust industries whose reputations have been battered by the global financial crisis.
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Bank of America Announces Enhancements to Benefits Online ProgramDecember 17, 2012The enhancements include a new online education center and redesigned home page.
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Monitise Adds Mint to Its Mobile Money Platform for BanksDecember 11, 2012A new deal with Intuit Financial Services means that Monitise will offer banks the chance to incorporate Mint, a popular personal financial management service, into mobile banking apps.
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Core System Modernization Makes Customer Centricity PossibleDecember 05, 2012Core bank systems have to do more than just run the business. They're now the foundation of transformation and competitiveness.
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First Virginia Community Bank Completes Acquisition of First Commonwealth Bank of VirginiaOctober 22, 2012The acquisition is the first in the history of the 5-old-bank and will add $410 million in assets to the institution.
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Bank M&As Pick Up Steam: Hudson City to Merge with M&T BankAugust 27, 2012Hudson City to merge with M&T Bank; $3.7 billion deal creates combined network of 870 branches stretching from Connecticut to Virginia.
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Commonwealth Bank Aims to Revolutionize Mobile Point-of-Sale TransactionsJuly 17, 2012Commonwealth Bank rolled out a new set of mobile software, hardware and applications technologies today for merchants enabling point-of-sale transactions.
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3 Hot Banking Markets Beyond the ObviousFebruary 27, 2012When it comes to identifying potential geographic markets for growth and investment, banks have been focusing on the prominent BRIC nations: Brazil, Russia, India and China. While these four countries are attractive to financial services organizations se
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U.S. Trust Introduces Online Wealth Management to Young AdultsFebruary 03, 2012Bank of America's U.S. Trust has expanded its Financial Empowerment Program to include online resources that help educate young beneficiaries of wealth.
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Commonwealth Bank Aims to Give Customers A VoiceDecember 05, 2011The bank's new crowdsourcing initiative, IdeaBank, may -- or may not -- be exactly what retail banking customers have been asking for.
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CommonWealth Bank of Australia Replaces ATM NetworkNovember 21, 2011The bank will replace its 4,100 machines designed to read mag-stripe cards with EMV-enabled machines.
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Commonwealth Bank Rolls Out App for Facebook, P2P PaymentsOctober 25, 2011The service, called Kaching, will enable NFC-based peer-to-peer payments via email and social media.
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CIO Michael Harte Prepares Commonwealth Bank of Australia to Compete with Internet GiantsOctober 03, 2011As Group Executive, Enterprise Services, and CIO of Commonwealth Bank of Australia, Michael Harte prepares the 100-year-old institution to compete with the largest Internet firms in the world.
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Reinventing Business Processes to Win Wealth Management, Lending CustomersAugust 21, 2011Adding complex event processing capabilities to business process management can help banks create a holistic monitoring system.
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Bank of America Names CTO for Global Wealth and Investment Management and Shared Technology Infrastructure Executive May 18, 2011Bank of America names David Reilly CTO for Global Wealth and Investment Management and Shared Technology Infrastructure; former Morgan Stanley IT exec, will be accountable for designing, building and operating Bank of America's enterprise technology infras
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Deloitte's New U.S. Financial Services Head Advocates Strategic Approach to ComplianceMay 06, 2011Deloitte's new U.S. financial services head advocates strategic approach to compliance; Bob Contri foresees a heavy focus on Dodd-Frank compliance, the mortgage market, and data management.
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Commonwealth Bank of Australia Defends Mobile Banking SecurityMarch 11, 2011Mobile banking is in some ways more secure than online banking, Commonwealth Bank of Australia says.
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Top 6 Reasons Banks Are Upgrading Their CoresMarch 02, 2011Core migrations are up across the industry, but each bank seems to have its own goals for the massive -- and risky -- projects.
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