Executives say the Bank of America subsidiary likely benefited from clients in 2023 seeking a safe harbor from teetering regional banks.

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 Neuilly in connection with an insider trading probe was legal.

Roughly two dozen specialists to support Merrill Wealth Management advisors on alts, custom asset allocation, specialized lending, and more complex services for elite clients.

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

In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with clients and sell more loans, a practice known as cross-selling. For Merrill Lynch,

Bank of America's Merrill has introduced an ultra-high-net-worth advisory group to enhance service for clients with substantial assets. Merrill Wealth Management, a division of Bank of America Corp. (NYSE: BAC),

Merrill clients and advisors expanded on their continued interest in alternative investments while Morgan Stanley’s net interest income slightly climbed despite expectations it would decline “modestly” in the fourth quarter.

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 failures, the regulator said on Friday.

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing efforts to provide more complex services to wealthier clients.

MLB Analyst Chris Young claimed San Diego Padres' rookie center fielder Jackson Merrill was more exciting to watch this season than two-time AL MVP Aaron Judge.

Queer Futures hosted an educational event about restorative justice on Jan. 12, inviting community members to learn more about the approach to accountability and healing within the justice system. The event,