JPMorgan, Wells Fargo, Citi Kick Off Q3 Earnings on Upbeat Note
The first day of third-quarter bank earnings kicked off Tuesday with a triple whammy.
The Bizarre Recruiting Case of Alfonso Montoya
A $150 million book of business Wells Fargo promised him never materialized — and then the wirehouse took him to arbitration.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
Focus, Dynasty Add Teams; Morgan Stanley Grabs 4 FAs With $660M
Boutique firms continue to attract registered reps, including some from the wirehouse firms.
SEC Enforcement: Ex-Wells Fargo Analyst, Trader Charged With Insider Trading
SEC also hits two for insider trading on Pershing Square's Herbalife short, while Massachusetts charges a tax advisor with preying on elderly relatives.
Boutique Firm Snowden Lane Adds $400M UBS Team
Snowden Lane is closing in on $1.4 billion in assets nationwide with its latest recruits.
Shelley Bergman: Portrait of an ETF Strategist
Morgan Stanley's Shelley Bergman is a master at investing in exchange-traded funds—and a critic of many of the industry's expanding offerings.
New Hire Roundup: Barclays Taps Bhargava to Head Wealth, Investment Management
In another personnel move, Michael McKeigue has joined Montage Investments as managing director of the national accounts team.
Investors More Confident but See Stagnation Ahead
Investor confidence has hit a seven-year high but still falls far short of the pre-recession average, Wells Fargo and Gallup found.
Wells Fargo Fined $5M Over Advisor’s Insider Trading, Altered Document
SEC says Wells Fargo Advisors was slow to release required compliance documents and "altered" one related to sales of Burger King stock.