Industry

The majority of Wells Fargo’s hires hail from Morgan Stanley, while one advisor joins from Edward Jones.

Russell Golden was named as the next chairman of the Financial Accounting Standards Board, effective July 1, 2013.

The Securities and Exchange Commission yesterday announced that Acting Director George Canellos and former federal prosecutor Andrew Ceresney have been named Co-Directors of the Division of Enforcement.

Stifel has snapped up 11 former Wells Fargo advisors with more than $1 billion in assets.

Credit Suisse Group AG will probably post higher profit than UBS AG for a fourth straight quarter when the largest Swiss banks report results over the next week.

Franklin Templeton has struck a deal to acquire a $1.1 billion investment management firm in Mexico.

The Goldman Sachs Multi-Manager Alternatives Fund is starting to take shape as it nears its launch.

After a strong end to 2012, the firm’s wealth management division continues to push ahead in 2013.

BMO Global Asset Management has expanded its Defined Contribution Investment Only team with the appointment of two new regional sales managers.

Nationwide Financial has finalized its adoption of the Thompson, Siegel & Walmsley LLC (TS&W) Fixed Income Portfolio after shareholders gave the thumbs up earlier this month.