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CUNA Marketing and Business Development CouncilIn the world of retail financial services, there’s a titanic struggle going on for consumers’ loyalty۝and their deposits. In the past few months, we’ve seen the fall of the Titans۝Wall Street investment banks, according to Fiserve Senior Vice President Mark Sievewright, writing in Credit Union Magazine. Challenged by smaller and

Government-owned banks could offer basic credit cards with low rates that would appeal to less-creditworthy customers who regularly use cards to borrow. But such cards are less likely to come with costly rewards programs, such as those that earn frequent-flier miles, says Dave Kaytes, managing director at Novantas

Wall Street JournalCould your bank turn into the Bank of the U.S.A.? The latest wave of banking problems has investors worried that the government will nationalize deeply wounded institutions, such as Bank of America Corp. and Citigroup Inc. Such a dramatic step could make it easier for some bank customers to get a loan. And

As underscored by a Novantas audit of the on-site client experience at the nation’s top wealth management firms, advisors routinely fall back on grandiose …

BankAtlantic announced today it has entered into an agreement with a new services partner, Novantas, LLC.

Bank Investment ConsultantReports of job losses at banks are rife, but one area most aren’t cutting is ad budgets۝in fact, many are bolstering their marketing efforts to capitalize on public unease. And it seems to be working. U.S. Bancorp, which is in the middle of a national ad campaign launched in August, said its third-quarter

Wall Street JournalBanks are responding to the troubled economy by jacking up fees on their checking accounts to record amounts. Last week, Citigroup Inc.’s Citibank started charging some customers a new $10 “overdraft protection transfer fee” to transfer money from a savings account or line of credit to cover a checking-account shortfall. Citibank had already

… capital positions are advertising noticeably more than others said Les Dinkin, a managing director in the New York consulting firm Novantas LLC. …

Novantas predicts that there will be a tremendous growth in guaranteed products, even if they aren’t exactly in annuity form.

The Wachovia bid “demonstrated Citigroup’s willingness to do deals,” said David Kaytes, managing director at consulting firm Novantas LLC.