Wells Fargo Hit by Surprise Charge From Pre-Crisis Mortgages
The bank takes a $1 billion charge for a pre-crisis mortgage probe; the surprise charge adds to headaches from the fake-accounts episode.
Bob Corker Is Just the Beginning of Trump's Tax-Cut Problems
Other problems include Paul, Collins, Murkowski, McCain, and Heller and Flake.
Families Saving More for College but Underestimating Costs: Fidelity
Fidelity's College Savings IQ survey also found that more families are using 529 college savings plans but many don't understand all the advantages.
HighTower Nabs $500M JPMorgan Team, $230M Merrill Rep: Recruiting Roundup
Also, Wells Fargo attracts two Morgan Stanley reps with $370 million; Cetera adds new bank client with $225 million.
Raymond James to Grab $5B Clearing Client From Pershing
It also recruited a husband-and-wife team from Merrill Lynch with some $160 million in assets.
IRS Warns of New Email Scam Targeting E-Services Users
Scammers are using phishing emails to try and trick tax professionals into “signing” a new e-Services user agreement.
Tax Reform ‘On Pace’ to Get Done by Year End, Congressman Says
“Even the Senate believes” tax reform will be accomplished by the end of the year, says Rep. Patrick McHenry.
Dimon Says Time to ‘Get It Done’ on Modernizing Tax Code
A corporate tax cut could create 2 million new jobs, the JPMorgan chief says.
RBC Taps New Wealth Consulting Chief
Nate Angelo comes on board one week after the wealth firm tapped a new head of recruiting.
Krawcheck’s Ellevest Expands Into Financial Planning (and They’re Hiring)
CEO Sallie Krawcheck tells ThinkAdvisor about Ellevest’s expansion plans, what it offers women that other robos don't and why it doesn't ask about risk tolerance.