Chief executives at leading brokerage and advisory firms are earning more money than ever. Here are the 2021 compensation numbers for some of the most notable executives.
Legislation would establish a program that provides $10 million annually to states to investigate, prosecute abuse.
The moves in product teams increase the responsibilities of Andy Sieg, the president of Merrill Lynch, and Katy Knox, president of BofA's private bank.
The 26% boost in the bank's 2021 tech spending covers not just software development, but investments in data and analytics, artificial intelligence and physical aspects such as data centers.
The deferred fixed annuity is designed to be used as an allocation within managed accounts or custom target-date model portfolios in 401(k)s.
The agency seems to be moving toward seeking admissions of guilt from firms based on first-of-their-kind enforcement actions that it has taken as well as comments that its leaders have made.
The Office of the Comptroller of the Currency terminated an order related to add-on products, in another sign of progress for CEO Charlie Scharf's efforts to turn the bank around.
Anne Simpson developed and executed the sustainability investment strategy for the giant California pension plan.
Kate Henry and Mike Walsh will lead the region for the insurance broker.
While private equity investors have an unquenchable thirst for wealth management, the public markets haven't always been kind to wealth management companies.
The broker-dealer self-regulator also punished the firm for inaccurate and omitted conflict disclosures in research reports.
Vynntana allows for collaboration among stakeholders.
The London-based fintech received approval to become a licensed broker-dealer in the U.S. in June and is building an investing and savings app to manage all of its clients' finances under one roof.
Social Security's 1,200 field offices have been closed since March 2020 in response to the pandemic.
Firm is waiting for clarity on ETF rules, CFO Portney says.
Those who missed enrolling in the program when they were first eligible get a second chance during Medicare's general enrollment period, which runs from Jan. 1 through March 31 each year.
Ivan Acevedo pleaded guilty last summer to conspiracy to commit mail and wire fraud for his role in the $1.3 billion Woodbridge real estate scheme and is currently in federal custody, according to the SEC.
Walt Bettinger says financial firms should be taking their cues from Silicon Valley; he also discusses Schwab's move to Texas, crypto and remote work.
The theme of the broker-dealer self-regulator's agenda this year is protecting the retail investors who have surged into the financial markets, Finra CEO Robert Cook said during a webinar.
A third of people say they would quit rather than have to return to an office, a recent survey found.
