Paul Morris departed Bank of America after reports showed he stayed in touch with Jeffrey Epstein for years after joining ...

June 1 (Reuters) - Paul V. Morris, a private wealth adviser whose name appeared in the Department of Justice files on disgraced sex offender Jeffrey Epstein, has left his position at Merrill Lynch, a ...

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 ...

The wealth management landscape is shifting in 2026, with firms like UBS adjusting compensation grids to retain top advisors and Fidelity leveraging its tech dominance to offer more flexible advisory ...

The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. The two ...

NEW YORK, March 23 (Reuters) - Bank of America Corp and its Merrill Lynch unit will pay $14 million to settle lawsuits claiming that they forced financial adviser trainees to work 60 hours and more ...

Merrill Lynch has been ordered to reimburse customers approximately $1.5 million due to supervisory lapses that led to avoidable fees on more than 2,000 accounts. In an AWC published Monday, Finra ...

The latest wealth managers Wells Fargo has recruited to its independent channel continue to build out its presence in Long Island.

"Following an internal review, we reported this matter to regulators and have enhanced our process and training regarding these filings," a spokesperson for Bank of America, which owns Merrill Lynch, ...

Ten years after the financial crisis, Bank of America is phasing out the Merrill Lynch brand. Bank of America said Monday that it will no longer use the Merrill Lynch name for its investment banking ...

Broker-dealer Merrill Lynch has agreed to pay a total of $12 million in fines to regulators for failing to file about 1,500 suspicious activity reports over more than a decade. Under U.S.