Goldman Takes $750M Wealth-Management Step
The acquisition of United Capital advances Goldman's "long-term strategy to offer clients solutions across the wealth spectrum."
Citi Plans Push For Digital Deposits
“People are willing to switch to a bank that is able to provide this kind of mobile-first experience,” said a Citigroup executive.
Credit Suisse Fined $90M for Inflating Metric
The bank allegedly misrepresented it had attracted $7.6 billion in new wealth management business to meet performance targets.
Canada’s CIBC to Buy Chicago’s PrivateBancorp
The $3.8 billion deal will significantly expand CIBC's reach in North America and build on its 2013 acquisition of Atlantic Trust.
Canadian Bank Goes Hollywood
Royal Bank of Canada inks deal to acquire Los Angeles-based City National, a $32-billion bank that serves many high-net-worth U.S. clients.