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.
Ex-BofA Merrill Staff Among 6 Banned by Fed Over Covid Loan Fraud
By Ben BainThe Federal Reserve imposed penalties on two individuals who previously worked at Merrill Lynch Wealth Management.
March 29, 2022
Morgan Stanley to Jump Into ETF MarketThe firm plans to offer a "multi-asset ETF platform that covers active and systematic strategies," said an executive.
March 28, 2022
UBS Must Pay Clients $1.2MSome other disputes over its yield options strategy, though, were decided in its favor over the past few years.
March 25, 2022
Morgan Stanley Assumes 155,000 Q1 U.S. COVID-19 Deaths in Earnings ForecastThat would be up from 129,000 in the fourth quarter of 2021.
March 23, 2022
UBS Embraces WFH as Morgan Stanley Doubles Down on Office ReturnThe approach being taken by UBS should give it a recruiting advantage, recruiter Mark Elzweig says.
March 23, 2022
April Court Date Set for Suspect in Merrill Executive's KillingA preliminary hearing is scheduled for April 25, according to a spokesman for the Los Angeles County district attorney.
March 22, 2022
10 Market, Other Predictions Tied to Ukraine War: Morgan Stanley's ShalettWhat's next for bonds, stocks, cryptocurrencies, gold and more from Morgan Stanley Wealth Management's chief investment officer.
March 21, 2022
One of Wall Street's Most Vocal Bears Says Sell the RallyThe pessimistic outlook of Morgan Stanley's chief U.S. equity strategist follows a 6.2% rebound in the S&P 500.