Wirehouse Firms
Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
Wells Fargo to Cut Nearly 200 Jobs in North Carolina
By Dinah Wisenberg BrinThe banking giant has announced layoffs in several U.S. locations this year.
June 26, 2025
SEC Kicks Off Review of Rules Governing Executive Pay and PerksIt may overhaul rules affecting the disclosures of compensation, including bonus clawbacks.
June 03, 2025
Wells Fargo’s Asset Cap Lifted by FedThe cap, an unprecedented punishment for years of scandals, has restricted the firm's size since 2018.
June 03, 2025
Goldman, Morgan Stanley and JPMorgan Laying Off Staff in JuneHundreds of positions are being cut in New York and New Jersey.
May 30, 2025
Merrill Picks Up 6 Advisors From Rival WirehousesThe reps worked with combined assets of over $1 billion while at Morgan Stanley, UBS and Wells Fargo.
May 29, 2025
At Morgan Stanley, This Ex-Teacher Schools the Heirs of Ultra-Wealthy ClientsPublic schoolteacher turned executive director Charline Burgess prepares the next generation to be stewards of great wealth.
May 28, 2025
Cantor Fitzgerald Agrees to Buy UBS Hedge Fund UnitThe deal includes O’Connor’s six investment strategies, which have about $11 billion in assets.
May 27, 2025
UBS Client Can’t Sue Bank Over Broker’s Alleged Affair With WifeBut the client can sue the broker, a New York judge ruled.