CEO David Solomon sent the memo describing a "firm wide flexible dress code" to the bank's 36,000 employees.

Two cases late last year and recent regulatory actions have underscored the need for firms to work this year on developing practice standards if they offer robo-advisory services or expect to do so.

David Frame will become chief of U.S. Wealth Management for JPMorgan Chase.

Fiserv Chief Executive Officer Jeffery Yabuki will become CEO and chairman of the combined company.

Average longevity in the United States is actually tapering off. The question is why.

If the Republicans hold onto the House, U.S. Rep. Blaine Leutkemeyer is the front runner to head the Financial Services Committee.

UBS is the first company to buy Broadridge's wealth platform. If others do as well, the cost will be shared by all firms using the program.