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.
Merrill Lands $2.2B Morgan Stanley Team
By Dinah Wisenberg BrinThe Oberheide-Schlesinger Group's James Oberheide brings over 30 years' financial industry experience.
August 30, 2024
Merrill Fined $3M Over 'Deficient' Trade SurveillanceMerrill relied on third-party automated systems that were insufficient to monitor for manipulative trades, FINRA says.
August 29, 2024
Wells Fargo Worker Found Dead in Office After 4 DaysThe employee scanned in on a Friday and was discovered Tuesday, police confirmed.
August 23, 2024
Jonathan Bloomer, Morgan Stanley International Chair, DiesThe late executive, who died in Monday's yacht sinking off the coast of Sicily, also had been CEO of Prudential Plc.
August 20, 2024
Risks Are Piling Up for Firms' Cash Sweep Programs: ReportThe uptick in litigation and regulatory activities could entail higher costs, which might hurt advisor recruiting deals, an expert says.
August 20, 2024
Morgan Stanley's Bloomer, Other Yacht Passengers Feared DeadMorgan Stanley International Chair Jonathan Bloomer is among those lost after a luxury yacht sank Monday off the coast of Sicily.
August 20, 2024
Best & Worst Broker-Dealers: Q2 Earnings, 2024Most large firms reported higher profits in the second quarter, but some disclosed challenges tied to their cash sweep programs.
August 20, 2024
Morgan Stanley International Chair Missing After Yacht SinkingJonathan Bloomer, 70, has worked in the finance industry for five decades and earler held senior roles at Prudential Plc.