Wirehouse Firms
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.
UBS Gets First Conditional Approval for U.S. Banking License
By Myriam BalezouThe Swiss bank filed an application in October to help it expand offerings for wealth management clients.
January 13, 2026
UBS CEO Ermotti to Step Down in April 2027: Financial TimesWealth management co-heads Iqbal Khan and Robert Karofsky are among the executives who could succeed him.
January 06, 2026
Crypto Latecomer Morgan Stanley Files for Bitcoin, Solana ETFsThe filing comes as Wall Street's traditional players deepen their digital asset footprint.
December 23, 2025
15 of the Biggest Legal Dramas in Financial Services in 2025The year in lawsuits: Poaching, an estate battle, an advisor-client affair and some eyebrow-raising emails.
December 18, 2025
UBS Plans January Job CutsAnother round of layoffs is set for later in 2026, when the firm switches off computer systems it acquired from Credit Suisse.
December 17, 2025
Fleeced Investors Claim Wells Fargo Facilitated Ponzi SchemeThe bank allowed suspicious transactions to flow through a scammer's accounts for years, according to a class-action claim.
December 02, 2025
BofA Private Bank, Merrill to Let Advisors Recommend Bitcoin ETPsBofA will make four ETPs available to recommend to wealth management clients in January.
November 25, 2025
Ex-Wells Fargo Rep Violated Reg BI With Options: FINRAJames Eugene Holmes also traded in at least five customers’ accounts without prior authorization, the regulator states.