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.
Suit Claims Morgan Stanley, Advisor Aided Financial Abuse of Former BNY Exec
By Dinah Wisenberg BrinThe wirehouse enabled Joseph A. Grimaldi's son to raid his assets, his widow and daughter allege.
April 29, 2026
UBS Says Rich Clients Lost Some Interest in Private CreditThe comments highlight some of the growing pains facing the $1.8 trillion private credit industry after years of rapid expansion.
April 29, 2026
UBS Sees Recovery Signs in U.S. Wealth Business as Inflows ReturnThe unit had client inflows of $5.3 billion in the first quarter, following three consecutive quarters of outflows.
April 23, 2026
Goldman Sachs Says Ex-Star Banker Leissner Is Hiding Its MoneyTim Leissner collected more than $20 million in compensation while carrying out frauds involving Malaysia's 1MDB fund, Goldman says.
April 21, 2026
Advisor Fired After 50 Years at Wells Fargo Alleges Age DiscriminationKenneth Schneider contends in a lawsuit that his swearing at work was a pretext for the dismissal.
April 10, 2026
BofA Office Closure to Affect at Least 170 StaffWorkers in the Buffalo, N.Y., area will be offered the chance to move to other locations.
April 10, 2026
Bank Stocks Have Worst Start to Year Since 2023 as Results LoomEarnings season kicks off Monday with Goldman Sachs, followed by JPMorgan, Citigroup, Wells Fargo and others later in the week.
April 09, 2026
$2.4B Ex-UBS Team Launches Evertern Wealth With DynastyBased in Naples, Florida, the firm will serve high-net-worth families and retirees and custody assets at Goldman Sachs.