SAN DIEGO - Steve Hollenbeck has been keeping tabs on the "wirehouses" - the Merrill Lynches and J.P. Morgans of the brokerage industry and he's seeing a consistent trend among its high net worth clients. Some clients, despite having what industry insiders deem "serious money," are not getting the intimate...

REDMOND, Wash. and CALABASAS, Calif. - Open Financial Exchange gets closer all the time to becoming the standard for consumers to download financial data over the Web. Microsoft and Digital Insight Corp. said they are joining forces to streamline the adoption of OFX with Money, Microsoft's personal financial management (PFM)...

TAMPA, Fla. and MADISON, Wis. - Nearly two years after developing a business plan for an entity that would offer coast-to-coast trust services and convincing regulators that such an effort could be realized, credit unions in all 50 states will now have access to the first nationally-chartered trust company owned...

ALEXANDRIA, Va.-Real estate settlement services fall within the scope of permissible credit union service organization activities, NCUA Associate General Counsel Sheila Albin wrote in a recent legal opinion letter (03-0538). A credit union asked if it could establish a CUSO to handle all aspects of settlement for the mortgage loans...