Both brokerage firms moved a customer’s uninvested cash from a brokerage account into an interest-bearing account, violating ...

However, questions surrounding the surprisingly successful launch of the Chinese AI model DeepSeek have created uncertainty ...

The Financial Industry Regulatory Authority has suspended and fined a former Merrill Lynch financial advisor the wirehouse fired over allegations of unauthorized trading and other violations.

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.In ...

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay $18 million.

According to the complaint filed in Arizona federal court, the firm’s cash sweep practices “violate common law, federal law ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Advisor Franco Di Maio, a 24-year industry veteran producing about $1 million in annual revenue, left UBS to join Merrill's office in Paramus, New Jersey, according to a spokesperson for Merrill ...

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s private bank, saw core financial metrics rise in 2024, including net income of $4.3 billion ...