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Firm had sought to quash lawsuit from two former employees who alleged numerous securities laws violations, hostile work environment and wrongful termination.

Over $14 billion flowed into the low-risk ETF category in the first half of 2016.

With clients anxious after all the negative ads, advisers have some explaining to do.

With clients anxious after all the negative ads, advisers have some explaining to do.

The recruit is joining an existing practice, boosting the team's assets to $1 billion, according to the firm.

Profits rose 8% year-over-year at the bank's Global Wealth & Investment Management unit, which includes Merrill Lynch and U.S. Trust.

The hit smartphone game Pokémon Go taught banks a lesson in mobile strategy this week: gamify it.

An already brutal year for large-cap managers, with only 18% beating the Russell 1000 Index through June 30, according to research.

The latest to join the digital advice club is Legg Mason, which revealed this month it had taken an 82% stake in robo platform Financial Guard.