Industry

Credit Suisse Group added private banking to its operations in Toronto as the lender seeks to win business from Canada’s wealthiest individuals.

Deutsche Asset & Wealth Management recruited a private banker and managing director from J.P. Morgan to open a new office in Dallas.

Advocates are calling on the head of the SEC to move forward with a uniform fiduciary proposal, even if that means pushing the rules through a divided commission split along party lines.

Baird picked up a branch manager from Wells Fargo and a regional advisor managing about $150 million in assets.

Morgan Stanley landed an advisor team managing $1.1 billion in assets.

Linda Fienberg, the head of FINRA's contentious dispute resolution division, will step down from the organization at the end of November.

Regional broker-dealer Janney Montgomery Scott recruited an advisor who managed $115 million in assets and generated about $1.3 million in annual revenue.

The number of transactions jumps to 16 in the second quarter, up from 13 in the first, with the average size of acquired firms rising to $1.18 billion.

Scottrade is making a big bet that there is room in the booming RIA custodial market for another major player to compete against Charles Schwab, Fidelity, TD Ameritrade and Pershing.

Most of the nearly 13,000 pages produced in a lawsuit are duplicates, the board alleges in its ongoing court battle with Jeffrey and Kimberly Camarda.