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Montpelier, VT-based Sentinel Investments has liquidated its Sentinel Mid Cap II (SYVCX) Fund and transferred all of the fund’s assets into the Sentinel Mid Cap Fund (SNTNX), effective April 12.

FINRA fined Merrill $1.05 million and ordered the firm to pay more than $323,000 in restitution for over 12,000 trades executed on its ML BondMarket platform.

Doug Heding joined the Private Client Reserve as a private banking officer in Milwaukee; Kenan Aksoz joined as a wealth management consultant in Minneapolis.

Goldman Sachs reported earnings that topped analysts’ estimates on a 63% gain in revenue from underwriting stocks and bonds.

Goldman Sachs Group Inc. set aside $4.34 billion to pay employees in the first quarter, about 1 percent less than a year earlier, as the firm employed 400 fewer people.

BlackRock's first-quarter earnings rose 10% as its exchange-traded equities funds drew client cash and assets increased.

Northern Trust, the third- biggest independent U.S. custody bank, said first-quarter profit rose 1.7 percent as stock-market gains boosted the value of assets the company oversees.

Small businesses are more likely to comply with the tax laws if they are in certain communities in the country and if they have more trust in their tax preparer, according to a report by the Taxpayer Advocate Service.

New rules to reduce risk in money-market mutual funds will be proposed in the next two months by the Securities and Exchange Commission, which won’t be slowed by a leadership change, a commissioner said.

Vanguard reported that expense ratios have changed for three of its mutual funds and exchange-traded funds.