Data show top banks get most complaints

Major banks including JPMorgan Chase, Bank of America and Citigroup were the subjects of the largest number of complaints to the U.S. Consumer Financial Protection Bureau in 2011, according to data obtained through a public records request.


Baby Boomers to kids: Inheritance? Maybe not

Most young, wealthy Americans believe it's important to pass money on to their heirs. They may be disappointed to learn that their parents don't feel the same way.


Advice for Global Bank CEOs

Strategic planning is back. With so much uncertainty, bank CEOs need to rethink where their institution adds value to customers, who those customers are today and who they might be in the future.


Latest UBS move seen as sign Americas unit won't be sold

Although the move itself isn't earth-shattering news, the action represents yet another signal that the bank has no intention of selling its U.S. operation, according to Alois Pirker, research director for consultant Aite Group LLC.


Raymond James recruits veteran financial advisor

Raymond James pioneered the concept of financial planning in the 1960s, at a time when other firms were focused on just selling investments. Financial planning, as founder Bob James came to practice it, had to begin with listening to clients and accuratel


US bonus culture limits equity returns

U.S. corporations are holding a record $1.74 trillion in liquid assets, according to the Federal Reserve's quarterly "flow of funds" report released on Th ursday.