The yield differential between the firms' bank deposit sweep programs and other alternatives was nearly 4% higher, according to SEC claims.

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...

It doesn’t come with a cash management account. Instead, all portfolios invest at least some of your money in cash, which is put in a Merrill Lynch direct deposit program yielding a solid 4.20%.

Operator Good day, everyone, and welcome to today's Q4 Bank of America earnings announcement. At this time, all participants ...

Merrill also keeps a portion of your portfolio in cash and that is put into a Merrill Lynch direct deposit ... comprehensive reviews of digital wealth management companies, more commonly known ...

Nersesian previously was a first vice president at Merrill Lynch Private Client Group, where he was a leader in comprehensive wealth management strategies and business development practices training.

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...

The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...

The Securities and Exchange Commission on Friday announced settled charges against registered investment advisers Wells Fargo Clearing Services ...