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.
UBS Plans Crypto Trading for Some Clients in Digital-Asset Push
By Anna Irrera, Noele Illien and Myriam BalezouThe firm would start with select clients in Switzerland and then possibly expand to the U.S. and Asia-Pacific region.
January 15, 2026
Wall Street Eliminated 10,600 Jobs Last YearThe biggest banks cut their combined headcount in 2025 by the most in almost a decade as they moved to limit costs.
January 15, 2026
Merrill Posts Strong Wealthy-Client Growth in 2025The Thundering Herd also continues to see low levels of advisor attrition, one executive said.
January 13, 2026
UBS CEO Ermotti to Step Down in April 2027: Financial TimesWealth management co-heads Iqbal Khan and Robert Karofsky are among the executives who could succeed him.
January 06, 2026
Crypto Latecomer Morgan Stanley Files for Bitcoin, Solana ETFsThe filing comes as Wall Street's traditional players deepen their digital asset footprint.
December 23, 2025
15 of the Biggest Legal Dramas in Financial Services in 2025The year in lawsuits: Poaching, an estate battle, an advisor-client affair and some eyebrow-raising emails.
December 18, 2025
UBS Plans January Job CutsAnother round of layoffs is set for later in 2026, when the firm switches off computer systems it acquired from Credit Suisse.
December 17, 2025
Fleeced Investors Claim Wells Fargo Facilitated Ponzi SchemeThe bank allowed suspicious transactions to flow through a scammer's accounts for years, according to a class-action claim.