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

Deep-pocketed investors have adopted a bearish approach towards Bank of America BAC, and it's something market players ...

The Reserve Bank will cut the cash rate, according to Paul Bloxham, but don’t count on a big drop in borrowing costs as this ...

Bank of America Corp. (NYSE:BAC), through its subsidiary Merrill Lynch, Pierce, Fenner & Smith Inc., recently reported a significant transaction involving Nuveen New York Quality Municipal Income Fund ...

Good day, everyone, and welcome to today’s Q4 Bank of America Earnings Announcement. At this time, all participants are in a listen-only mode. Later, you will have […] ...

Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and ...

(Reuters) -Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S. Securities and Exchange Commission charges over compliance ...

The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy ...

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 ...

A spokesperson for Bank of America, which owns Merrill Lynch, said the firm took "significant steps" to address the issue before learning of the SEC's investigation. Merrill Lynch was also one of ...

The Zelin Group and its five advisors made the move after the lead partner, Jonathan Zelin, had been with Merrill for more ...