BofA to Raise Minimum Wage to $25 an Hour
By Lananh NguyenThe Charlotte, North Carolina-based lender will also require its U.S. vendors to pay employees dedicated to the bank $15 per hour or more.
May 18, 2021
Supreme Court Strips Lawsuit Protection From IRS Reporting RulesThe court ruled that taxpayers can sue over IRS reporting rules without violating the rules.
May 18, 2021
Ex-Raymond James Rep Who Stole From Elderly Clients Gets 5 Years in PrisonThe firm's former broker and executive pleaded guilty to defrauding two clients out of nearly $1 million.
May 18, 2021
Fidelity Rolls Out No-Fee Investing Accounts for TeensThe firm says it is the first in the industry to offer 13- to 17-year old teens the ability to save and trade with no investment minimums.
May 17, 2021
Wells Fargo Faces Lawsuit for Allegedly Mismanaging Its 401(k) PlanHigh-level bank execs picked and retained 17 proprietary funds, many of which underperformed, the class action states.
May 17, 2021
How CFP Certification Benefits Female AdvisorsFemale CFPs are more confident than their male counterparts in terms of working with clients, financial planning and growing revenue, a study finds.
May 17, 2021
Merrill Rolls Out Exclusive HNW Sports, Entertainment DesignationThe wirehouse partnered with the College for Financial Planning, which is offering the program just to Merrill advisors through May 2022.
May 17, 2021
Millennials Are Buying, Investing Based on 'Social Good': FidelityNearly half of poll respondents have bought products that provide a social benefit; 20% have invested in socially responsible businesses or funds.