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.
Raymond James Adds 2 Teams; Wells Fargo Nabs Breakaways: Recruiting Roundup
By Janet LevauxMeanwhile, LPL Financial attracts affiliated advisors from rival IBDs, as RBC hires a longtime Merrill advisor with long career at Merrill Lynch.
December 13, 2016
A Big Data Solution for Proactive Compliance ProgramsFor forward-thinking firms, internal investigations via big data monitoring are part of their regulatory compliance program, rather than a result of alleged misconduct.
December 13, 2016
Wells Fargo Faces California, New Jersey Probes Over SalesRegulators investigate allegations of fraud, misconduct; Prudential also faces review after whistleblower lawsuit.
December 13, 2016
Trump's Treasury Pick Has a $230 Million Blemish on His RecordSoon after Steve Mnuchin sold OneWest Bank last year, problems emerged that may tarnish his record there.
December 12, 2016
Wells Fargo Scandal Hits Prudential as Whistleblowers SueBankers signed up "unaware" clients for policies, according to plaintiffs; workers with insurers investigations division claim abuses were ignored.
December 09, 2016
Reps Fired by Wells Fargo Asked to Call FINRAFINRA is investigating whether the U5 forms of several hundred employees "contained inaccurate or incomplete comments related to the reason for the termination."
December 09, 2016
U.S. Limits on Wall Street Bonuses Appear Doomed Ahead of TrumpObscure regulator of credit unions said to be hurdle for rules; new restrictions clash with Trump pledge to rip up Dodd-Frank.
December 08, 2016
Raymond James Grabs More Wells Fargo Reps: Recruiting RoundupAlso, Delaware Investments names its next head of equities, who will lead nine U.S.-based equity investment teams.