Managers of Wealth Americas

M&T Bank posts disappointing fourth-quarter earnings

M&T is under directives from the Federal Reserve to improve its anti-money laundering systems in order to gain approval for its acquisition of Hudson City Bancorp.

Fed Approves China’s Wing Lung Bank for Expansion in California

Wing Lung plans to establish a San Francisco branch and upgrade its existing office in Alhambra

JPMorgan looks at sale of prepaid card business

The bank’s UCard is used for programs such as food stamps, unemployment benefits and tax refunds. Corporations use UCard to pay workers who don’t have checking accounts.

Bank of the West Will Still Offer Interest-Only Loans Post QM

The bank said it reviewed its underwriting criteria to ensure that borrowers have the ability to repay the loan once the interest-only period has expired.

Signature Bank Named Second Best Bank in America by Forbes

Bank's Position on List Advances for Fourth Consecutive Year;Other Industry Accolades Earned

Fraud fallout: Chase imposes debit card limits

Chase customers will be limited to withdrawing no more than $100 a day from ATMs on the affected debit cards.

Wall Street Banks Offer $3 Billion of CMBS to Extend Sales Surge

Banks from JPMorgan Chase & Co. to UBS AG are marketing $3 billion of commercial-mortgage bonds amid a rush to refinance commercial-property loans.

JPMorgan consumer bank ahead of plan on job cuts, expenses - executive

JPMorgan, like other banks, is under increased pressure from investors to cut expenses because revenue is down due to low interest rates, weak loan demand and tighter regulations on fees.

Retail Banking