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.
Is Sieg's Departure 'Beginning of the End' for Merrill's Thundering Herd?
By Jeff BermanThere's a risk the Merrill brand could be phased out over the next few years, says industry consultant Jeff Nash.
March 29, 2023
UBS Taps Former CEO Ermotti to Replace HamersUBS Group is bringing back Sergio Ermotti as chief executive officer to oversee the historic acquisition of Credit Suisse Group.
March 27, 2023
Schwab Wins $7M From Morgan Stanley, Ex-AdvisorsChristopher Armstrong and Randall Kiefner, fired by Morgan Stanley for violating its transition policy, refuse to pay their share. "
March 23, 2023
NBA Players Lost $13M in Alleged Scheme Tied to Ex-Morgan Stanley AdvisorThree players involved in the lawsuit are Jrue Holiday, Chandler Parsons and Courtney Lee, their lawyer said.
March 23, 2023
10 Biggest U.S. Banks in 2022These are the largest U.S.-based banks ranked by total assets as of Dec. 31, according to ADV Ratings.
March 23, 2023
Wall Street Eases Hiring Freeze in Grab for Credit Suisse TalentHeadhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates.
March 20, 2023
What UBS' Credit Suisse Deal Means for Advisor RecruitingThe acquisition is expected to create a business with over $5 trillion in total invested assets.
March 19, 2023
UBS to Buy Credit Suisse in $3.2B DealThe deal includes a price per share that is nearly 100% lower than Credit Suisse's peak stock price in 2007.