C-suite

Tim Sloan is finishing a year in which the Federal Reserve told the bank to stop growing, scandals emerged in more divisions, and the stock tumbled 25%.

Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.

A chief operating officer can be a firms' secret weapon for growth.

The back-office staff and asset-management division bore the brunt of a decline in the overall size in the class.

A focus on productivity has resulted in attrition of lower producing brokers, the firm says.

The executive must attend to a close family member who has recently learned of significant health challenges, a spokeswoman says.

Ermotti last week outlined how the bank is seeking to win over American billionaires by boosting recruitment.

Russell Goldsmith plans to be “quite active” after handing over the top job to his successor in three months.

Terry Laughlin, who ran the bank’s $2.8 trillion wealth management business, formerly served as its chief risk officer, the bank said in a statement Friday.

Kelly Coffey will succeed Russell Goldsmith as CEO of City National, a Los Angeles-based unit of RBC.

While he inherited a tough job, two years in it’s hard to find a single business metric that has improved,

Men dominate the largest financial institutions and the situation is even worse at family offices.

“I’ll stay in this role as long as the board believes that I’m the right person for the role, and they do, and I think I am,” Sloan, 58, said.

Betsy Duke took the rare step of denying the bank is looking to replace Chief Executive Tim Sloan.

Advisory firms should add this key position to their C-suite, argues CFP Board CEO Kevin Keller.

To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management.

Allison Felix was promoted after 17 years at the firm, part of a transitional process to eventually become CEO.

Want to know where the smart-money minds go when off the clock? It’s here.

Michael O’Keeffe has been with the firm since 2013, having previously worked at Merrill Lynch.

“It’s incredibly important to have diversity. Period,” says Kara Murphy.