Bank of America Settlement Ends Mortgage Crisis Lawsuits? Not So Fast
Following a Supreme Court directive, a federal appeals court ruled a lawsuit on behalf of several credit unions over mortgage-backed securities could proceed.
Enforcement Roundup: Standard Chartered to Pay $300M, Cut Services
In another enforcement action, the SEC charged a former bank exec and his friend with insider trading.
Wells Fargo, Raymond James Recruit Teams; LPL Adds 13 Reps
Plus, HighTower and NFP add separate retirement plan groups to their operations as partners.
5 Keys to Influencing Prospects
Bestselling author and sales coach Bob Burg talks to ThinkAdvisor about how to turn prospective clients from adversaries to allies.
Hearsay Social Rolls Out Facebook Ad Tool
The program aims to help advisors and others promote their posts via social media.
Parenthood Reveals Divide Among Millennials
Millennial parents have more "conservative" social beliefs and different shopping habits than non-parents, a study finds.
BofA to Pay $16.65 Billion in Historic Mortgage Settlement
The deal includes $9.65 billion paid to various government agencies, including Justice and the SEC, and $7 billion for struggling homeowners.
Financial Engines Lawsuit Could Spark Other Robo-Advisor Suits
Financial institutions that offer computer-based advice, or are considering it, should pay close attention to the Financial Engines case.
BofA to Pay $16.65 Billion to End U.S. Mortgage Probes
The settlement, which includes $7 billion in consumer relief and a $5 billion penalty, is the harshest penalty yet related to the 2008 financial crisis.
New Hire Roundup: American College Names Johnson President and CEO
In another personnel move, Advisor Software has hired Charles Brown as vice president of business strategy.