Wirehouse

Morgan Stanley is the first wirehouse to let advisors actively solicit investments in spot bitcoin ETFs to certain clients, approving products from BlackRock and Fidelity.

The Swiss bank has a better wealth management franchise outside the U.S., according to a JPMorgan analyst.

A majority of stock analysts now recommend investors hold Morgan Stanley, but not to add shares, while they recommend buying Citigroup.

According to a senior Merrill executive, advisors will now get a 100% payout for retaining accounts from others who’ve departed the company or retired.

The bank broke SEC rules from March 2013 to May 2015 by using transactions with an affiliate to reduce the amount it was required to keep in its customer reserve account.

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.