investment banking

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  SEC, FINRA Enforcement Roundup: Husband and Wife Divert Funds to Buy Home

  By Marlene Y. Satter, AdvisorOne  |  May 16, 2013

  The SEC filed charges against a husband and wife, who are executives of China-based RINO International Corp., and FINRA fined and censured Deutsche Bank Securities for reporting failures.

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  Schwab Improves Results but Misses Estimates; Citi Tops Expecations on Strong Sales

  By Janet Levaux, AdvisorOne  |  April 15, 2013

  The advisor services unit sees strong year-over-year flows and asset improvement.

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  JPMorgan, Wells Fargo See Double-Digit Q1 Profits but Shares Fall on Low Revenue

  By Joyce Hanson, AdvisorOne  |  April 12, 2013

  JPM and WFC both offset lower profit margins on loans by setting aside less money to cover bad mortgage loans.

• Bonuses Up 8%: Report

  By Janet Levaux, AdvisorOne  |  April 1, 2013

  Wall Street bonuses should be up about 8% this season and total $20 billion, according to New York State Comptroller Thomas DiNapoli. But experts caution that this increase doesn’t necessarily translate into much these days for advisors.

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  Securities America Recruited Production Jumps More Than 300% in ’12

  By Janet Levaux, AdvisorOne  |  March 27, 2013

  This includes the recent addition of two groups with a total of roughly 160 financial advisors.

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  Bonus Season’s Cash Payouts ‘De Minimis,’ Expert Says

  By Janet Levaux, AdvisorOne  |  March 5, 2013

  The latest figures don’t make an ugly picture for Wall Street employees any prettier.

• Wirehouses Boost Wealth Results

  By Janet Levaux, AdvisorOne  |  February 22, 2013

  Bank of America reported a 63% drop in net income for the fourth quarter of 2012.

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  New Hire Roundup: BlackRock Names Shedlin CFO

  By Marlene Y. Satter, AdvisorOne  |  February 20, 2013

  This week in new hires, Gary Shedlin was named CFO of BlackRock, and Mary Justice was named Seattle market leader for the Private Client Reserve of U.S. Bank.

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  New Hire Roundup: Putnam Names New GAA Leadership Team

  By Marlene Y. Satter, AdvisorOne  |  February 6, 2013

  This week in new hires, Putnam announced a new leadership team for its global asset allocation organization, and Steve Antonakes became acting deputy director of the Consumer Financial Protection Bureau.

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  Morgan Stanley Nabs 5 UBS Advisors

  By Janet Levaux, AdvisorOne  |  January 29, 2013

  The latest recruits should come on board with about $750 million in assets and nearly $5 million in yearly production.