By Chris Prentice (Reuters) -Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S. Securities and Exchange Commission charges ...

Jan 17 (Reuters) - Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S. Securities and Exchange Commission charges over ...

The Securities and Exchange Commission has charged two registered investment advisor units of Wells Fargo and Merrill Lynch with compliance failures relating to their cash sweep programs.

Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and Exchange Commission (SEC) that their handling of investment accounts’ cash ...

Bank of America’s wealth management division, which includes Merrill Lynch and the company’s private bank, saw core financial metrics rise in 2024, including net income of $4.3 billion ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were profitable for the companies, the SEC said. Merrill Lynch and two units of ...

“Wells Fargo Advisors and Merrill Lynch offered bank deposit sweep programs, or BDSPs, as the only cash sweep option for most advisory clients and received a significant financial benefit from ...

Merrill came to San Diego via the 27th selection in the 2021 MLB June Amateur Draft. Over three short seasons in the minors, he hit .295 with 133 runs, 21 home runs, 114 RBIs, and 31 stolen bases ...

Jackson Merrill arrived at spring training last year hoping to make a good impression and potentially make the big league roster as a depth option. He changed positions and became the Padres ...

Sandy Sigal, CEO of NewMark Merrill, discusses the impact of the Palisades and Eaton fires on the Los Angeles community and the potential opportunities for retail developers in the rebuilding process.