Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were ...

The units charged by the SEC consented to the entry of orders without admitting or denying the SEC's findings. Wells Fargo Clearing Services agreed to pay a civil penalty of $28 million, Wells Fargo ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report ...

How do you choose between two banking behemoths that offer a similar range of products and services? By drilling down into the details to uncover which one best fits your unique needs. Broadly ...

Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a ...

Wells Fargo & Co. (NYSE: WFC), Bank of America Corp. (NYSE: BAC) and Truist Financial Corp. (NYSE: TFC) are scheduled to ...

The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the ...

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC ...