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

A major battle is brewing between big brokerage firms, busy developing new markets, and large securities and futures exchange groups in a rivalry likely to benefit asset managers by lowering ...

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

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

The firms failed to consider the best interests of clients when selecting cash sweep programs, the agency said.

The Justice Department is accusing Jared Eakes of contacting other advisors who were exploring the sale of their practice through an online marketplace ... broker with Merrill Lynch from 2017 ...

Merrill Lynch is giving increased attention to its growing base of uber-rich clients. The bank’s wealth business, Merrill Wealth Management, has launched an advisory group that will team up with ...

As an online brokerage, Merrill Edge offers a comprehensive ... Merrill Edge uses the Bank of America Merrill Lynch (BofAML) smart order router. The smart order router looks for displayed and ...

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

The Securities and Exchange Commission on Friday announced settled charges against registered investment advisers Wells Fargo Clearing Services ...