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 ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

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 ...

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

Broadly speaking, both Wells Fargo and Bank of America will cover your basic banking, but depending on the type of saver (or spender) you are, one could be a better match. What we'll cover ...

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 ...