Worst management move: A $2.3-billion third-quarter net loss and $8.4 billion, mostly in sub-prime and CDO write-downs. It was a record-breaking year for Merrill Lynch. The firm recorded the worst ...

A Maryland-based team from Merrill Lynch has joined Raymond James’ employee-advisor channel as the firm continues its ...

Bank of America’s wealth management business posted increases in revenue, assets under management (AUM), and the number of ultrawealthy clients its advisors serve in the second quarter, while ...

— -- O'Neal's departure, if it takes place, would make him by far the most prominent victim on Wall Street of the fallout from the collapse of the subprime mortgage market this summer. O'Neal's ...

A former Merrill Lynch team that managed $1 billion in client assets has moved to Raymond James’s employee channel, Raymond ...

Background: Melaina Cano’s passion for investing was sparked early by her paternal grandfather, a first-generation Mexican American engineer who meticulously tracked his investments and taught her the ...

Merrill Lynch is facing legal fallout from a second Florida financial advisor in recent months for engaging in criminal activity. InvestmentNews reported during the summer that a former Merrill Lynch ...

The Chamber of Commerce, the Center on Executive Compensation and the American Benefits Council joined the brief, urging the court to uphold a lower court’s ruling that distinguishes bonus programs ...

After years of tinkering with their financial advisors' pay plan to incentivize them to focus on banking and lending - an often unpopular strategy with advisors - the large wirehouses are minimizing ...

A former Merrill Lynch registered rep who has pleaded guilty to criminal fraud and who has been barred from the securities by Finra is now facing penalties from a civil suit brought by the Securities ...

Merrill Lynch Wealth Management participated in the annual UNICO coat drive benefiting the Friends of the Poor/Catherine McCauley Center. From left: Ron Yanoski, senior financial adviser; Jennifer ...

Former Miami Dolphins safety Reshad Jones has settled a lawsuit against Merrill Lynch for $9.5 million after a former financial adviser allegedly stole $2.59 million from the two-time Pro Bowler. The ...