TD announced on Monday that it's planning to sell its 184.7 million Schwab shares, worth about $15.4 billion, following a "strategic review" of its capital allocation, TD's newly appointed CEO Raymond ...

Later last month, Wells added advisor Gregg Lippert from Merrill Lynch in Frontenac, Missouri. Lippert oversaw more than $205 million in assets and produced more than $1.3 million in annual revenue at ...

U.S. District Judge Frank Whitney denied the wirehouse's motion to vacate an arbitration award to Charles "Chip" Randall, who claimed that he was discharged from the firm in 2018 as part of an ...

Among the catalysts driving that growth are new federal rules requiring many plans set up since the end of 2022 to automatically enroll employees and contribute 3% to 10% of their salary into a 401 (k ...

Republican Commissioner Mark Uyeda, tapped by Trump to lead the agency on an interim basis, addressed staff at the SEC's Washington headquarters on Jan. 29, a day after Trump sent a memo to all ...

The Commodity Futures Trading Commission 's acting chair, Caroline Pham, has removed the person who has been investigating her internally as well as the agency's chief financial officer, according to ...

The Securities and Exchange Commission has given itself until April 9 to decide whether to allow options trading on Ethereum exchange-traded funds. Nasdaq filed a proposed rule change with the SEC in ...

Bank of America 's board of directors has increased Chief Executive Officer Brian Moynihan 's total compensation by more than one-fifth. Moynihan's pay for 2024 was $35 million, up from $29 million ...

TMTG launched Truth Social in 2022 after Donald Trump, in the wake of the Jan. 6 riot at the U.S. Capitol, was kicked off Facebook (whose parent company, Meta, last week agreed to pay $25 million to ...

Last week, after 14 hearing sessions, Finra arbitrators Steven E. Eisenberg, Mark H. Schiff and Mark Sunshine found in Morgan Stanley's favor, ruling that Zapoleon was not entitled to recovery of his ...

That move goes beyond the directive issued by the CFPB's previous acting head, Treasury Secretary Scott Bessent, who last week ordered staff to cease final rulemaking, suspend the effective dates of ...

Schlatter, a 36-year industry veteran, began his career in 1988 with Travelers Equities Sales, moved in 1991 to Cigna ...