
Margarida Correia
Former associate editorMargarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
Margarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
The execs were moved up to roles overseeing key markets in the New York Tri-State and mid-Atlantic regions.
The deal will give the firms more resources to boost their technology and spur growth, according to an industry observer.
The rep took more than $1,500 from the bank's cash drawer over a three-month period beginning on New Year's Eve last year, FINRA claimed.
The violations ranged from the improper reuse of signed customer forms to the execution of discretionary transactions without written authorization.
The regional bank is looking to broaden its wealth management offerings and recruit additional financial advisers.
Collectively the four firms provided market access to numerous clients that executed millions of trades per day.
The new hire is part of the bank's push to expand the wealth management business.
The rep claimed the firm misled him when they recruited him from PNC Bank.
Daniel Wani will command a team of 18 wealth management professionals providing a range of services to wealth clients in both states.
Second-quarter revenue from brokerage services fell 3% year-over-year while assets under management jumped 26% to $14.8 billion.