bank branches

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  Turkish Banks Seek Gold Rush

  By Marlene Y. Satter, AdvisorOne  |  October 30, 2012

  Campaign to lure gold deposits to put the precious metal to the economy takes off.

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  Merrill Loses Four Advisors to Wells Fargo

  By Janet Levaux, AdvisorOne  |  June 20, 2012

  The departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.

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  Morgan Stanley Grabs Merrill, UBS Reps; Raymond James Snags MSSB Team

  By Janet Levaux, AdvisorOne  |  May 16, 2012

  Meanwhile, Wells Fargo adds advisors from Edward Jones, Merrill Lynch and other firms, and Barclays recruits several advisors from Deutsche Bank and Merrill.

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  Occupy Goes Worldwide on May Day

  By Marlene Y. Satter, AdvisorOne  |  May 1, 2012

  On May Day protesters from the Occupy group planned demonstrations across the world, chiefly against financial institutions.

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  BofA Makes Retirement Services Push for Merrill

  By Janet Levaux, AdvisorOne  |  March 27, 2012

  Bank of America is rolling out a defined-contribution consulting service for institutions at Merrill Lynch and a 401(k) service for small businesses at Merrill Edge.

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  Merrill Edge Rolls Out Portfolio Series

  By Janet Levaux, AdvisorOne  |  February 29, 2012

  BofA's new mass-affluent products have a 1% yearly fee and a $20,000 minimum balance.

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  Merrill Lynch Boosts Client Minimum, Earns Expert’s Kudos

  By Janet Levaux, AdvisorOne  |  January 5, 2012

  The move to raise the minimum household asset level to $250,000 comes as the Bank of America unit seeks further ways of increasing profits for its high-net-worth and mass-affluent operations.

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  Raymond James Adds 5 Advisors From Wells, UBS

  By Janet Levaux, AdvisorOne  |  January 5, 2012

  Five reps join Raymond James as employee advisors in the Southeast with about $4 million in yearly fees and commissions and close to $700 million in combined assets.

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  BofA to Add 160 Merrill Edge Advisors in Southwest

  By Janet Levaux, AdvisorOne  |  December 12, 2011

  Bank of America said Monday that it planned to add 160 Merrill Edge Financial Solutions Advisors in the Southwest by the end of March 2012 and named several managers to help it grow the business in this market.

• Most Earnings Top Estimates on Mixed Advisor-Headcount News

  By Janet Levaux, AdvisorOne  |  November 23, 2011

  Bank of America reported net income of $6.2 billion, or $0.56 per share, for the third quarter vs. a net loss of $7.3 billion, or $0.77 per share, last year — topping analysts’ estimates by a wide margin. Revenue, net of interest expense (and calculated on a fully taxable-equivalent basis)...