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Tariro Mzezewa

BofA Merrill Lynch hires Morgan Stanley advisers

Apr 18 2016

NEW YORK Merrill Lynch Global Wealth Management, the wealth management arm of Bank of America Corp, hired seven advisers from Morgan Stanley, according to a statement released on Monday.

Weak markets crimp wealth management profits at big U.S. banks

Apr 18 2016

NEW YORK Volatile financial markets took a bite out of earnings at big U.S. banks during the first quarter – not just in trading but wealth management, too.

Roboadvisers set to capitalize under new U.S. retirement plan rule

Apr 11 2016

NEW YORK A new U.S. rule protecting retirement funds from commission-paid brokers could be good for roboadvisers, a fast-growing sector that manages money with algorithms who may collect new clients fired by other firms because their accounts are too small.

Factbox - Department of Labor retirement 'fiduciary' rule

Apr 06 2016

The U.S. Department of Labor plans to announce on Wednesday its rule requiring financial advisers and brokers to act in the best interest of retirement clients when providing investment advice.

FACTBOX-Department of Labor retirement 'fiduciary' rule

Apr 06 2016

April 6 The U.S. Department of Labor plans to announce on Wednesday its rule requiring financial advisers and brokers to act in the best interest of retirement clients when providing investment advice.

U.S. to unveil retirement advice rule next week: source

Apr 01 2016

WASHINGTON/NEW YORK The Obama administration will release a long-awaited proposal on retirement advice on Wednesday, according to a person familiar with the matter.

U.S. to unveil retirement advice rule next week -source

Apr 01 2016

WASHINGTON/NEW YORK, April 1 The Obama administration will release a long-awaited proposal on retirement advice on Wednesday, according to a person familiar with the matter.

Deutsche Bank agrees to pay $4 mln for trading violations

Mar 30 2016

NEW YORK A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document.

Deutsche Bank agrees to pay $4 million for trading violations

Mar 30 2016

NEW YORK A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document.

Deutsche Bank agrees to pay $4 mln for trading violations

Mar 30 2016

NEW YORK, March 29 A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document.

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