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Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
BofA Lifts CEO's Pay 17% for 2025
By Katherine DohertyBrian Moynihan will receive $41 million for his employment last year, when the bank raised profits.
February 10, 2026
BofA Rep Fired for Expensing $6,000 in Meals Takes FINRA HitThe rep, suspended for nine months, charged BofA for food while working from home, FINRA states.
February 04, 2026
Senators Slam UBS for Obstructing Nazi Accounts Probe"UBS's conduct is absurd and a historic shame," Judiciary Committee Chairman Chuck Grassley said.
February 04, 2026
UBS Profit Beat Overshadowed by Worries Over U.S. Wealth OutflowsPay changes helped spur about 200 advisors to leave, taking client funds with them.
January 29, 2026
BlackRock, Partners Group Debut Private-Asset Accounts for Wealthy InvestorsThe asset managers have begun selling a new separately managed account through Morgan Stanley's wealth platform.
January 26, 2026
Wells Fargo Taps Amazon Web Services Exec to Expand AI UseThe AI push comes alongside the bank's efforts to cut costs, a key part of CEO Charlie Scharf's turnaround plans.
January 23, 2026
UBS Plans Crypto Trading for Some Clients in Digital-Asset PushThe firm would start with select clients in Switzerland and then possibly expand to the U.S. and Asia-Pacific region.
January 20, 2026
Wells Fargo to Move Wealth Headquarters to West Palm BeachThe new office means the unit's leaders can be closer to their largest clients, said wealth chief Barry Sommers.