When the Federal Reserve started raising its benchmark rates in 2022, banks kept paying very little on sweep accounts. That ...

Although ZROZ ETF has underperformed recently, I believe it offers a significant margin of safety and attractive yield. Click ...

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 ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were ...

DeBlasi, now a Scottsdale, Ariz. resident, is a senior vice president and financial advisor for Merrill Lynch’s Wealth ...

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

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

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

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