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By Janet Levaux, AdvisorOne |
April 17, 2013
Client asset flows jump nicely for advisors in the first quarter, though their headcount declines.
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By John Sullivan, AdvisorOne |
February 7, 2013
She discussed the government’s case against the ratings agency, her municipal bond call and her thoughts on new Citigroup CEO Michael Corbat.
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By Joyce Hanson, AdvisorOne |
February 6, 2013
Krawcheck says it’s time for large banks’ boards to come up with new payment strategies for executives, such as bonds, “which are fundamentally risk-discouraging.”
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By John Sullivan, AdvisorOne |
February 4, 2013
Berkowitz is raising money for a partnership that takes minimum investments of $1 million.
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By Janet Levaux, AdvisorOne |
October 24, 2012
Bank of America reached a settlement to end a class-action lawsuit with investors and will pay $2.43 billion, while also making certain corporate-governance reforms, the firm said in late September.
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By Janet Levaux, AdvisorOne |
October 19, 2012
The heyday of volatility at the big banks could be replaced by a "boring" period, says SNL Financial's Nancy Bush.
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By Janet Levaux, AdvisorOne |
October 17, 2012
As bank sees plunge in profits from last year's Q3, the number of Merrill Lynch advisors drops by one from the previous quarter to 17,533.
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By Janet Levaux, AdvisorOne |
September 28, 2012
The deal resolves a long-standing dispute, but should not have much impact on the firm's advisors, experts say.
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By Janet Levaux, AdvisorOne |
August 23, 2012
Bank of America-Merrill Lynch reported profits of $2.5 billion for second-quarter 2012, or 19 cents a share, beating analysts’ estimates of 14 cents.
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By Joyce Hanson, AdvisorOne |
July 18, 2012
The wealth management unit that includes Merrill Lynch reported Q2 net income of $543 million versus $513 million a year ago, up 5.5%.