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.
Morgan Stanley's Wealth Revenue Tops Estimates
By Sridhar NatarajanPlus, net new assets for the unit in Q1 were $95 billion — higher than the previous two quarters combined.
April 11, 2024
Morgan Stanley Wealth Unit Being Probed by Regulators: ReportSeveral agencies want to know if the bank has done enough to prevent money laundering by its wealthy clients.
April 11, 2024
12 Biggest U.S. Banks in 2023Several of them — JPMorgan Chase, Wells Fargo and Citigroup — will report their first quarter earnings on Friday.
April 10, 2024
Morgan Stanley Fights Back Against 'Clawback' RulingThe move follows a FINRA panel's ruling that the wirehouse pay over $3 million to eight of its former advisors.
April 02, 2024
Sanctuary Wealth Adds $700M Merrill DuoThe two advisors are based in Greensboro, N.C., and focus on serving wealthy families, executives and business owners.
April 02, 2024
UBS Plans $2B of Share BuybacksSince closing its takeover of Credit Suisse, the wirehouse has outlined targets for the integration, including $13 billion in cost savings.
March 28, 2024
UBS Pays CEO $15.9MSergio Ermotti returned to the post last April, after the bank said it was rescuing its former rival Credit Suisse.
March 26, 2024
Here's How Much 9 Investment Firm CEOs Were Paid in 2023We looked at CEO compensation at Wells Fargo, Morgan Stanley, JPMorgan and others.