FINRA accused Merrill Lynch of submitting millions of inaccurate trades, making it difficult for the regulator to detect wrongdoing and potentially create false red flags.

Screening for risk. | Copyright Chip Somodevilla, Getty Images The Securities and Exchange Commission examines only 10 percent of investment advisors per year, but that doesn’t mean the other 90 percent are not reviewed. “If a fund holds the s...

Wells Fargo's wealth management unit has changed the way it reports cross-selling, the strategy at the heart of the scandal over its aggressive sales targets, and now reporting assets referred from bank employees.

(Bloomberg) -- The ultimate winner if Brexit forces banks to flee London may lie 3,500 miles away, far beyond the borders of Europe...

(Bloomberg) -- Henderson Group Plc and Janus Capital Group Inc. expect the largest growth in their combined funds management business will come from the U.S. after the two firms join together to create an asset manager overseeing more than ...