The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...

An ex-Merrill Lynch banker turned in-house deals expert lost a ruling over whether a raid of his home in the Paris suburb of ...

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...

“Wells Fargo Advisors and Merrill Lynch offered bank deposit sweep programs, or BDSPs, as the only cash sweep option for most ...

In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with ...

BAT said that this was in accordance with the authority granted by shareholders at the company's annual general meeting that ...

Regulators took the wirehouses to task for not having policies directing advisors to consider clients' best interests.

The yield differential between the firms' bank deposit sweep programs and other alternatives was nearly 4% higher, according to SEC claims.

Merrill Lynch and Morgan Stanley executives on Thursday discussed plans to further tap in-house banking services in their ...

Instead, all portfolios invest at least some of your money in cash, which is put in a Merrill Lynch direct deposit program yielding a solid 4.20%. You can access more account services, like banking ...

Merrill Edge uses the Bank of America Merrill Lynch (BofAML) smart order router. The smart order router looks for displayed and reserved liquidity at hidden and visible venues at each price level ...