Managers of Wealth Americas

CIBC to reimburse clients $73 million for 14 years of overcharging investment fees.

The bank consented to the arrangement without conceding or disagreeing the conclusions from securing the OSC staff.

Santander Brasil beats profit estimates as fee income soars

The bank expects return on equity to reach 15.6 percent by the end of next year.

Bank of North Carolina acquired by Tennessee bank

Bank of North Carolina will be merged into Pinnacle Bank.

Wells Fargo to close approximately 400 branches by 2018

Even after the bank closes an estimated 200 branches in 2018.

Wells Fargo outlines new compensation program in retail banking

The new compensation program includes no sales goals.

ScotiaFunds announces client-friendly simplified pricing model

Investors will have access to a full suite of actively managed funds that combine simplicity and greater value.

N.J. bank keeps turning out new approaches

Cross River Bank envisions shaking up payments as it did digital lending

Emerging Markets Retail Banking Growth Slows

EM12 will continue to be the driver of global growth in retail banking because the top ten developed markets are expected to grow by only two percent annually over the next five years.

Santander announces new investment in Mexico's banking market

Speaking at a year-end press event on Thursday, Grisi said the plan was Santander’s biggest-ever in Mexico

Texas Regional Bank to Acquire Blanco National Bank

Shareholders of Blanco National Bank also expressed support for the merger.

Heritage Bank announces new wealth management service

Heritage Bank new products to be an instrumental resource for the costumers

CIT Group Hired Boston Consulting to Review Its Operations

CIT CEO says the firm was brought on to help develop ‘opportunities in our key lines of business’ after sale of commercial air-leasing operations

Citi Announces Sale of Consumer Business in Brazil to Itaú Unibanco

Upon completion of the transaction, Citi will continue to operate in Brazil serving Corporate and Investment Bank, Commercial Bank and Private Bank clients

Santander Río bank confirms purchase of Citi’s retail banking business

The only businesses that Citibank will remain with in Argentina is its investment branch.

Laurentian Bank to eliminate 300 positions as it merges 50 branches

In a bid to cut expenses, Laurentian plans to move its Montreal headquarters in 2018

Wells Fargo Will Decide Soon on Clawing Back Pay From Its CEO

With some calling on him to resign and forfeit his earnings and hold other senior executives accountable.

Signature Bank Named Best Business Bank

Bank Also Ranks Second in Both Best Private Bank and Best Attorney Escrow Services Categories

Wells Fargo will make retail banks 'rethink' compensation

After Wells Fargo pledges to eliminate sales goals for retail bankers, other big banks may need to keep pace.

Exclusive: Goldman team uses retail deposits for Wall Street-style profits

Goldman Sachs Group Inc established a team to put its deposits to work on Wall Street

The CEO of Webster Bank speaks frankly about the spending cap

This compromises the will of the voters. Twenty-four years ago, 80 percent of voters approved the constitutional spending cap.