Learn how credit sweeps automate cash management to reduce debt costs. Discover examples and understand their benefits for ...

Regulator says flawed disclosures and weak oversight led to excess fees and hidden interest at American Portfolios.

Two weeks after it was sued for a program in which it makes money on parked client cash, LPL has been sued again by another client for the same reason. These accounts, known as cash sweeps, have ...

American Portfolios Financial Services, now part of Osaic, allegedly failed to abide by its stated policies regarding cash ...

UBS is facing a lawsuit over its cash sweep programs, the latest of several firms, including LPL, Wells Fargo and Ameriprise, named as defendants in similar litigation. South Carolina resident Kelly ...

When it comes to making money off cash sweep accounts, less can definitely add up to more in the eyes of analysts. While some financial services companies are getting credit upgrades for it (Advisor ...

Imagine signing up to a market-leading internet provider, only to discover sometime later that not only were other companies offering better deals, but your provider hadn’t exactly broken its back to ...

(Reuters) -The spate of regulatory investigations into wealth managers' cash sweep programs could hurt their credit ratings, Moody's Ratings warned on Thursday, underscoring the threat to the ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...

Wells Fargo faces another potential class action lawsuit in the growing controversy embroiling the bank’s cash sweep deposit programs. Scotch Plains, N.J.-based Daniel Varady filed his suit seeking a ...

You might not think about the idle cash in your brokerage account very often. But behind the scenes, your money may be earning your brokerage company a lot more interest than it is earning you. Cash ...