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The asset manager co-founded by Bill Gross has suffered internal turmoil since his departure in 2014.
July 20 -
The executive has added 15 new advisers this year and plans to add 15 more by the end of 2016, bringing the total broker force to 130.
July 19 -
Two firms were fined over $100,000 for not disclosing nearly $5M in loans to clients.
July 19 -
Firms and brokers would contribute to a pool to compensate investors who were defrauded but are unable to collect, according to one recommendation.
July 19 -
The Birmingham, Ala.-based bank generated $103 million in second-quarter revenue from its brokerage, trust and insurance operations, up 6.2% year-over-year.
July 19 -
The recruit joined the elite firm's outsourced CIO team after more than a decade at SEI Investments.
July 19 -
The digital platform added $1.6 billion from the first quarter.
July 18 -
The recruit is joining an existing practice, boosting the team's assets to $1 billion, according to the firm.
July 18 -
Profits rose 8% year-over-year at the bank's Global Wealth & Investment Management unit, which includes Merrill Lynch and U.S. Trust.
July 18 -
The hit smartphone game Pokémon Go taught banks a lesson in mobile strategy this week: gamify it.
July 18













