Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.

Bank of America is a financial services company offering banking, credit cards, loans, and investment products. In 2009, Bank of America acquired investment company Merrill Lynch. Merrill Lynch ...

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

Wells Fargo and Merrill Lynch agreed Friday to pay $60 million ... said both Merrill and Wells Fargo had "cash alternative" products that sometimes paid at least 4 percentage points more than ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay ... despite the fact that customers were paying advisory fees on the accounts for advisors to select products in their best interest ...

The pressure that advisors are under to sell Bank of America products, acquire assets, and take on new clients spreads to CAs. Moynihan and Merrill Lynch's president, Andy Sieg, tout the many new ...

What should I know about this firm? Merrill Lynch, Pierce, Fenner & Smith Inc. says its advisors develop personalized economic strategies for clients by focusing on their specific financial ...

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