Industry

Keith Banks, president of U.S. Trust, is getting new responsibilities at the firm.

One tip: Stop focusing on gaining new followers.

One tip: Stop focusing on gaining new followers.

The regional firm recruited its first adviser for Alex. Brown since acquiring the unit in September, and will reopen an old office in Annapolis, Maryland.

The group, led by two brothers, joined the firm as partners and opened a new office for Noyes. It's now the firm's largest branch.

The wirehouse's moves are intended to remain competitive in the recruiting contest for top brokers.

Nunag will oversee client relationships, product development, marketing and sales in the New York City area.

Advisors Asset Management CEO Scott Colyer says loosening regulatory reigns may free up spending previously directed toward compliance.

The move limits the bank’s ability to make golden-parachute payments and requires regulator approval before executives are hired.

Owners of McDonald’s outlets often need funds quickly to meet corporate demands for upgrades.