Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling ...

(Reuters) -Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to ...

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

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

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 a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on Bank of America (BAC – Research Report), with a price ...

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC ...

Learn about Wells Fargo & Company's strong Q4 earnings, 2025 guidance, and stock performance, with insights on selling ...

TORONTO (Reuters) -Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate ...

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

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

Four of Canada’s biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining ...