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.
Sheila Bair Calls Pandit’s Departure From Citi a ‘Very Positive Move’
By John SullivanBair had "concerns" about Pandit's qualifications to serve as the CEO of Citigroup.
October 15, 2012
Morgan Stanley Sued for Targeting Black HomeownersAccording to the ACLU, who filed the lawsuit, the case is the first to link racial discrimination to mortgage-backed securities.
October 12, 2012
Goldman President Cohn Will ‘Probably Read’ Op-Ed Writer’s Tell-All BookIs all forgiven? Probably not.
October 12, 2012
JPMorgan, Wells See Big Q3 Profits as Bank Lending ReturnsInvestors looking for good news found it Friday as JPMorgan and Wells Fargo both reported double-digit profits for the third quarter.
October 11, 2012
HighTower’s Pagnato-Karp Group Lands Former Merrill Lynch AdvisorThe advisor-owned financial services firm announced on Thursday that David Nelson has joined its Pagnato-Karp Group.
October 09, 2012
Julius Baer May Cut 1,000 Jobs After Merrill AcquisitionThe bank seeks to reduce its workforce by 15%18%, now that it has a combined staff of some 5,700 in the wake of its acquisition of Bank of America-Merrill Lynchs former U.S. wealth management units.
October 08, 2012
Top 10 BDs Breakaway Advisors Want to JoinThe leading firms have one characteristic that makes them similar, according to the recruiter Chip Roame, and that might explain their appeal.
October 05, 2012
The Future for Advisors: Morgan’s Paul Hatch vs. iShares’ Mark WiedmanAt Morningstar ETF Invest, Hatch promoted long-term client relationship building while Wiedman stood for the brave new world of transparency.