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.
Morgan Stanley International Chair Missing After Yacht Sinking
By Flavia Rotondi & Adveith NairJonathan Bloomer, 70, has worked in the finance industry for five decades and earler held senior roles at Prudential Plc.
August 12, 2024
New Trial Date Set for Former BofA Banker Charged With Merrill Exec's MurderAnthony Duwayne Turner's jury trial in the death of Michelle Avan should begin Sept. 16 in Los Angeles County.
August 09, 2024
BofA Private Bank Hires Citi's Palacio in South Florida PushHe will join Bank of America in October with a focus on growing the firm's ultra-high-net-worth and family office business.
August 06, 2024
Morgan Stanley Says SEC Seeks Info On Cash Balance SweepsThe wirehouse has been speaking with the SEC and responding to its requests since April, it disclosed Monday.
August 02, 2024
Morgan Stanley Advisors Told They Can Pitch Bitcoin ETFsOther wirehouse firms sell approved ETFs to some clients, but do so on an unsolicited basis.
July 31, 2024
Merrill Unveils New Scheduling Tool for Clients, ProspectsMeetings can be easily arranged and rescheduleed as needed based on advisors' real-time availability.
July 25, 2024
UBS Grilled Over $350M Tax Evasion CaseA senator is looking into accounts held by a former military contractor who sold $7 billion of jet fuel to the U.S.
July 23, 2024
Wells Fargo Profiled Customers, Fired Banker AllegesThe bank retaliated, Thomas Davis claims, after he reported that managers wanted prospects assessed by race and appearance.