Regional & Wirehouse Brokers

Consumer Group Calls For Clean Shares To End 'Toxic' Broker Conflicts

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The Consumer Federation Of America is asking the SEC to strip sales costs from investment products.

Securities Industry Lobbyists Geared To Fight N.J. Broker Fiduciary Rule

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The state’s firebrand Bureau of Securities says it owes New Jersey investors a higher standard.

House Democrats Subpoena Deutsche Bank, Others Amid Trump Probe

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Democrats continue to hunt for evidence linking the president to allegations of wrongdoing.

New Jersey Moves To Impose Fiduciary Rule On Brokers

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Brokers and other advisors would be required to act as fiduciaries under a rule that may be enforced as early as July.

Dimon Defends JPMorgan Minimum Wage, Points To Low Pay Elsewhere

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The JPMorgan CEO said the banking industry likely pays more than the U.S. government.

Wall Street Plan For Angry Lawmakers: Let Jamie Dimon Take Over

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Are calls for CEOs to testify before Congress grandstanding by representatives eager to "beat up" on banks?

Banks’ Last Hurrah From Fed Likely Means 2019 Has Already Peaked

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With the Fed signalling patience, the outlook for the banking sector has dimmed for the remainder of the year.

BofA Plans To Raise Minimum Wage To $20 An Hour Over Two Years

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The bank's minimum wage will step up to $17 on May 1, then to $20 by 2021.

Wells Fargo Agrees To Sell Retirement Unit For $1.2 Billion

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Principal Financial Group will take control of Wells Fargo's retirement plan services unit.

Dimon Sees Recent Volatility As Harbinger Of Things To Come

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JPMorgan's Jamie Dimon warned investors to get ready for more wild rides like last year's.

Wells Fargo Offers New Benefits To Students After Fee Backlash

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The bank's high fees on campuses drew ire from Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez.

UBS Weighing Asset Management Options Including Merger

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Asset managers are seeking scale to fend off low-cost competitors.

Deutsche Bank's U.S. Unit Kept Billions In Dirty Money Flowing

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Ex-workers say scrutiny of individual clients was discouraged.

Wells Fargo's Sloan Eligible For Office, Driver After He Departs

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Tim Sloan won't have to fight California freeway traffic or keep his own calendar in retirement.

Morgan Stanley President Kelleher To Retire At End Of June

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Colm Kelleher's departure marks a generational shift at the firm.

Wells Fargo CEO Abruptly Steps Down, Succumbing To Its Scandals

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Wells Fargo & Co. CEO Tim Sloan gave in to critics and abruptly stepped down Thursday.

Citigroup Sued For Age Discrimination By 56-Year-Old U.K. Banker

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The banker was told that he was "old" and set in his ways.

JPMorgan's Clampdown On Data Puts Silicon Valley Apps On Alert

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A new privacy push imperils the API's many fintech applications rely on to function.

Financial Advisors Say They're Feeling Stressed

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Advisors deal with more stress than the average U.S. worker, according to a new survey.

Blucora, HD Vest Parent, Acquires 1st Global For $180 Million

by FA Staff

The transaction creates a dominant player in the IBD space for CPAs and other tax-focused advisors.