BofA Q2 Earnings Tumble on $4 Billion Expense for Litigation
Bank of America spent $4 billion in the second quarter to cover litigation costs, including a mortgage settlement with American International Group.
Billionaire Ross Looks at Spanish Banks
Billionaire Wilbur Ross is considering adding assets from troubled large Spanish banks to his firm’s other bank holdings, and has said that he is in talks “every week” with bank representatives.
TD Ameritrade’s Sales Chief Vows to Keep Pounding Fiduciary ‘Advocacy Drum’
Peter Dorsey says he will work on continuing to attract breakaway brokers to TDAI custody platform; sees ongoing trend on ‘tuck-ins.’
TD Ameritrade Institutional Names Dorsey Head of Sales
Peter Dorsey replaces now TDAI-PresidentTom Nally as managing director of institutional sales.
TD’s New RIA Chief Vows to Maintain ‘White Glove’ Service
Tom Nally, the successor to—and protégé of—Tom Bradley, says he will continue the “same passion and dedication” to the RIA model.
An Executive MBA: The Ultimate New Year’s Resolution for Financial Advisors
With 2012 just days away, financial advisors looking for that new year’s resolution that just might stick should consider an Executive MBA program that may have more lasting results than most diets.