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

Bank of America Corp (NYSE:BAC) and its subsidiary Merrill Lynch, Pierce, Fenner & Smith Inc. disclosed recent transactions ...

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

Executives say the Bank of America subsidiary likely benefited from clients in 2023 seeking a safe harbor from teetering ...

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s private bank, saw core financial metrics rise in 2024, including net income of $4.3 billion ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

The operator of the New York Stock Exchange and owner of Black Knight announced plans in December for a new Mortgage ...

The units charged by the SEC consented to the entry of orders without admitting or denying the SEC's findings. Wells Fargo Clearing Services agreed to pay a civil penalty of $28 million, Wells Fargo ...

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

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

Wells Fargo Advisors Financial Network, Wells Fargo Clearing Services and Bank of America’s Merrill Lynch violated the Advisers Act overlooked client interests by exclusively offering low-yield ...