Industry

JPMorgan Chase & Co., Goldman Sachs Group Inc. and the world's largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition.

Nearly 200 financial advisors gathered at the Metropolitan Club in New York City with an aim to level the playing field within the industry.

Yves Cochez will manage the bank’s portfolio management team and set the overall direction of investment management for high-net-worth clients.

The firm added five advisors, with one from Raymond James and one from Morgan Stanley, to further expand in the region.

Sallie Krawcheck, for years one of the most high-profile women in financial services, announced Wednesday that she has invested in 85 Broads and will take over as business leader for the women's network.

Jerry W. Miller has been named head of asset and wealth management, Americas at Deutsche Bank, a newly created position.

Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.

Roberto Sanchez-Dahl, and Paolo Valle, formerly managers of the Federated Emerging Market Debt Fund, have joined Manulife.

Thomas Welch knows there’s a better chance he will be fired than retire. So he spent his vacation interning at Merrill Lynch Wealth Management to prepare for a second career to sustain him for the next 40 years.

Baird has bolstered its advisor force with two wirehouse teams with $800 million in assets.