Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...

The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and ...

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...

An ex-Merrill Lynch banker turned in-house deals expert lost a ruling over whether a raid of his home in the Paris suburb of ...

Merrill and Wells are facing a total of at least 11 lawsuits related to the interest rates in their cash sweep programs, and ...

Laurella, Roundy & Associates are cautiously optimistic about markets in 2025, predicting a comeback in small cap stocks and ...

The firms failed to consider the best interests of clients when selecting cash sweep programs, the agency said.

In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with ...

BofA Chief Executive Officer Brian Moynihan has repeatedly touted the cross-delivery of services between Merrill and the ...

Industry experts say the new team of 25 investment specialists seems designed to tackle the more esoteric aspects of working ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.