At last week’s TD Ameritrade Institutional’s national conference last week, there was much discussion about China. Is China’s growing economic might good for the U.S.? For the world? Is China, giving its despotic government...

UBS’s Wealth Management Americas division is aiming to bolster the Swiss bank’s brokerage, internally announcing significant management changes on top of a substantial reorganization: It consolidated three brokerage regions into two...

The New York Attorney General’s office today charged Bank of America CEO Ken Lewis with fraud for failing to disclose material details about Merrill Lynch in its merger with the brokerage. The move takes the case one step further than the...

Bank of America plans to add 2,000 new brokers in 2010, mostly trainees. One analyst says Merrill may want these hires to help with BofA’s cross-selling efforts.

Fidelity announced the latest in a series of price cuts Tuesday. But the move has less to do with an ongoing price war between itself and Schwab than with the firm’s decision to eliminate discrepancies between pricing offered to its RIA...

Will the regulatory push for a uniform fiduciary standard die on the vine? Brokers may not be best equipped to predict regulatory outcomes, but most of them do not expect such a standard to be implemented, according to survey results released...

Eager to raise cash and get out from under taxpayer loans, PNC Financial Services Group is looking to sell its custody and clearing division, PNC Global Investment Servicing to Bank of New York Mellon.

The dismal morale among UBS brokers seems to be improving of late. A number of top financial advisors at the firm say that they are so far very pleased with the leadership of UBS Wealth Management CEO Bob McCann, and the team of people he has...

Thanks to Chairwoman Mary Schapiro, if your clients' money market funds are threatening to break the buck, the board of the fund may elect to suspend redemptions.