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Website title: American Banker | Banking & Financial News & Analysis | American Banker

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RIAs lose 5% of AUM a year. Here's how to win it back5 hrs

Research from Cerulli Associates indicates that marketing and referrals are the best ways to bring in new clients. Yet few firms devote much time or money to either.

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Rent fintech Flex is latest firm to ask for a bank charter5 hrs

The parent company behind Flex Rent submitted applications to state and federal regulators for an industrial loan charter and deposit insurance.

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One bank's pitch to potential depositors: Do well and do good5 hrs

Climate First Bank's fast-growing loan portfolio is creating the need for additional funding. In response, the Florida bank is rolling out a checking account that pays a high yield and also sends money to a nonprofit organization chosen by the customer.

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Second-lien issuance expected to reach $41 billion this year5 hrs

So far this year, the volume of closed-end second and home equity line of credit securitizations is near last year's $29 billion, Bank of America Securities said.

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