Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
JPMorgan Jettisons 1,000 First Republic Employees
By Hannah LevittThe biggest U.S. bank on Thursday offered full-time or transitional roles to almost 85% of the nearly 7,000 employees
May 23, 2023
Best & Worst Broker-Dealers: Q1 Earnings, 2023Seven firms posted positive results in the quarter, which ended with the failure of Silicon Valley Bank.
May 22, 2023
Wells Fargo Rep Made His Friend a Client's Beneficiary: FINRAThe regulator has suspended the broker for 45 days and fined him $5,000.
May 19, 2023
What Gorman's Departure Means for Morgan Stanley AdvisorsJames Gorman created a "steady path" for the wealth business, industry pros say. Will his successor follow it?
May 18, 2023
First Command Sues LPL Over Alleged Advisor PoachingThe military-focused firm says LPL recruited three of its advisors and caused them to violate agreements.
May 18, 2023
Next Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill ExecA preliminary hearing for Anthony Duwayne Turner, charged with killing Michelle Avan, was postponed until May 29.
May 18, 2023
Former Fidelity Exec Mike Durbin to Lead Cetera HoldingsThe industry veteran will work with Cetera Financial Group CEO Adam Antoniades, who leads its 8,000 financial professionals.
May 17, 2023
FINRA Plans More Remote Work RulesAlso under consideration is an update to FINRA's outside business activity rule, according to CEO Robert Cook.