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.
Freddie Mac Sues Big Banks Over LIBOR
By John SullivanGovernment-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.
March 12, 2013
Morgan Stanley Nabs CNBC’s KaminskyMeanwhile, Merrill confirms that Raphael Zagury has left its structured products group.
March 11, 2013
As Dually Registered Advisors’ Assets Grow, SEC Zeros InJust as the SEC beefs up its oversight of dually registered advisors, new research from Cerulli Associates finds the dually registered channel is one of the fastest growing.
March 07, 2013
2012 a Model Year for 401(k) Savings: BofA MerrillScreaming headlines about 401(k) enrollees raiding their retirement savings are au courant these days, but a Merrill study of its own 2.5 million plan participants found markedly positive results.
March 06, 2013
Morgan Stanley Grabs Merrill IT ExecChris Randazzo leaves BofA to support Gorman and team's $500 million technology push.
March 06, 2013
FINRA’s Broker Bonus Rule Seen as ‘Done Deal’ With SIFMA OKSecurities lawyer Patrick Burns told AdvisorOne that with SIFMA's support, the proposals chances of becoming a new rule seem to be a done deal.
March 05, 2013
Bonus Season’s Cash Payouts ‘De Minimis,’ Expert SaysThe latest figures dont make an ugly picture for Wall Street employees any prettier.
March 01, 2013
Top 4 Commission-Free ETF PlatformsHere's what the major firms offer when it comes to trading for free in the exchange-traded universe.