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

The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...

Bank of America Corp (NYSE:BAC) and its subsidiary Merrill Lynch, Pierce, Fenner & Smith Inc. disclosed recent transactions ...

The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy ...

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

Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly ...

Merrill Lynch is adding more resources to help its advisors serve ultrahigh-net-worth clients, a lucrative demographic for the Bank of America wealth unit.

Bank of America Corp. (NYSE:BAC) and its subsidiary Merrill Lynch, Pierce, Fenner & Smith Inc. reported a recent transaction involving the Nuveen Quality Municipal Income Fund (NYSE:NAD). According to ...

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

Wells Fargo Advisors Financial Network, Wells Fargo Clearing Services and Bank of America’s Merrill Lynch violated the Advisers Act overlooked client interests by exclusively offering low-yield ...