The Federal Reserve extended its lending facilities through the end of the year, reports Reuters. Sycamore Partners has offered a $1.75 billion bid for J.C. Penney in a plan to combine it with Belk, according to the New York Post. These are among...
LPL Financial has recruited Keith Boyd, who manages $180 million in brokerage and advisory assets, to Gladstone Wealth Partners on its hybrid RIA platform.
Wells Fargo Managing Director Richard Sunwoo is going after JPMorgan for what he claims is some $340,000 in severance pay.
Mike Santomassimo is replacing John Shrewsberry, who is retiring after six years as CFO and 22 years at Wells Fargo. He is the last eight senior executives who had their pay clawed back in 2017 to leave.
UBS posted disappointing earnings in its Americas wealth business in the second quarter.