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 Chair Likely to Step Down: Report
By Laura J. KellerVice Chair Elizabeth Duke will probably be the replacement, paper reports; the decision follows new revelations about auto loan business.
August 08, 2017
Advisors Focus on Markets and Downside Protection: FidelityThe latest Fidelity Advisor Investment Pulse also finds that advisors are far less concerned about interest rates.
August 07, 2017
Wells Fargo's Whistleblower Problem Could Grow SubstantiallyThe fallout from the fake-accounts scandal continues to spread.
August 04, 2017
Wells Fargo Says It May Find ‘Significantly’ More Fake AccountsThe bank boosts its estimate of possible legal losses by $1.3 billion and discloses a CFPB probe into freezing of accounts.
July 31, 2017
BDs Address Fiduciary Rule, Growth ChallengesThere was not a slowdown in news at major broker-dealers this summer.
July 27, 2017
'Bad Actor' Bill Would Limit SEC Waivers for Law-Breaking FirmsRep. Maxine Waters' bill limits the regulator's ability to grant waivers to financial institutions that have broken the law.
July 27, 2017
Wells Fargo Data Breach Was Blunder by LawyerA massive Wells Fargo customer data breach was not the work of a hacker, but of the bank's own lawyer.
July 26, 2017
Wells Fargo FiNet Adds 2 Merrill Teams in California: Recruiting RoundupAs the bank's recent data leak grabs headlines, Dynasty Financial brings on one of its former reps and staff.