News

Thiel, who helmed Merrill Lynch Wealth Management from 2011 to 2016, says Indivisible Partners will offer advisors a mix of support and autonomy and an equity stake in the business.
NEW YORK (AP) — Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially discriminating against its Black ...
Bank of America subsidiary Merrill Lynch will pay nearly $20 million to resolve a class-action lawsuit alleging it discriminated against advisers of color.. The lawsuit, filed in U.S. District ...
Merrill Lynch has agreed to settle a class action lawsuit for almost $20 million over allegations that it discriminated against advisors of color, accusations the firm has vehemently denied.
Merrill Lynch Wealth Management reported a strong second quarter for new client acquisitions, partially due to the collapse of several banks earlier this year, according to Merrill Lynch Wealth ...
A Merrill Lynch employee's discovery that the firm had fallen short of its obligation to report suspect criminal activity has led to a $12 million fine from federal regulators. The Securities and ...
According to the SEC, between May 2016 and July 2020, Merrill Lynch charged a markup or markdown on foreign currency exchanges, however, it did not disclose an additional fee it referred to as ...
Fortunately, this guide breaks down two major investment companies: Merrill Lynch and Charles Schwab. If you’re hoping for help in automating your investments, you may want to work with a ...
Merrill Lynch posted record revenue of $17.4 billion in 2021, a 14% year-over-year increase. Client balances reached a record $3.2 trillion by the end of December, another 14% annual increase.
Bradley Bruce graduated from the University of Arkansas in 1988 and right away joined Merrill Lynch, known in those days as a powerful, independent brokerage. For years he thought he would be a ...
Merrill Lynch, Pierce, Fenner & Smith Incorporated, agreed to pay a fine of $1.5 million--$1 million for Municipal Securities Rulemaking Board violations--to settle Financial Industry Regulatory ...
Dave Komansky, the former longtime CEO of Merrill Lynch, who epitomized that largely forgotten part Wall Street, died Monday of natural causes. He was 82. What I’ll always remember about Dave ...