Ex-UBS Intern Sues for $5M Over Sexual Harassment, Discrimination
Young woman says her advisor boss promised her purses and shoes as “a bonus” for sexual favors.
Schwab, TD Ameritrade Report 3% Monthly Uptick
TD Ameritrade also says it has expanded its online education site for RIAs.
Wells Fargo Adds 11 California Reps With $1B in AUM
The wirehouse taps a new communications chief, as independent firms hire recruiters, portfolio managers.
FINRA Warns About Investing in Nigeria, Lebanon, Other Frontier Markets
FINRA issued an investor alert, saying these markets have “heightened risks.”
Gundlach: Don’t ‘Fight This Rally’ in Bonds
In his quarterly outlook, the DoubleLine CEO says forecasts of a rate hike are "almost comical" and holding currencies other than the dollar is "foolish."
Morgan Stanley Sees Bank Programs as Key to Growth: Porat
The firm's CFO says managed accounts and lending should help it boost results going forward.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2014
Some of Wall Street’s major players still struggle with litigation expenses; many are finding ways to further boost their wealth results.
Morningstar Upgrades 13 Funds, Downgrades 2
The research group issued new ratings on four mutual funds in August.
RCAP’s Crowdfunding Site: A Smart Move?
Chairman Nicholas Schorsch says the crowdfunding site should bring RCS Capital advisors more business. Industry experts like Mark Elzweig are optimistic.
Morgan Stanley, Raymond James Add $1M-Plus Reps, Team
Baird hires a branch manager from Wells Fargo in Philadelphia.