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The new independent practice shares a co-founder with Palantir, a CIA-backed data-gathering firm.
By Hugh SonApril 4 -
The wirehouse is making a big push to grab billions in clients' deposits held at rival firms.
By Hugh SonMarch 21 -
Top executives including Morgan Stanley's James Gorman and Wells Fargo's CFO John Shrewsberry said they must develop robos to complement their sales forces.
By Hugh SonFebruary 5 -
The CEOs of Goldman Sachs and Morgan Stanley are getting smaller pay days after shares for both of their firms undperperformed.
By Hugh SonJanuary 25 -
The wirehouse is asking Credit Suisse advisors to sign a 13-year contract before joining the wirehouse much longer than the industry standard, according to people familiar with the matter.
By Hugh SonDecember 16 -
A top Wells Fargo executive said there's a "feeding frenzy" for some of the Swiss lender's top producers, at the same time the wirehouse is courting more than 200 of the elite recruits.
By Hugh SonNovember 18 -
The wirehouse is developing an automated investment prototype for Merrill Edge, its discount brokerage for accounts under $250,000.
By Hugh SonNovember 6