The move follows similar offers from other major brokerages in the last two weeks, as firms race to woo clients with the lowest-priced products possible.

The firm's compensation plan, which is to remain unchanged for 2019, has turbocharged advisor productivity, an executive says.

A disgruntled client is poking at the firm’s low returns from its default sweep program, as well as its disclosure around the practice.

The firm has argued that a demand for emails and other records by the agency earlier this year was unduly burdensome.

Pockets of job growth are offsetting some of the dramatic cuts at the world’s largest lenders.

The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.

The interim CEO told analysts Tuesday that the company remains committed to hiring an outsider who isn't connected to its scandals of recent years.

"We're going right at Bank of America, folks, in Charlotte, their hometown," JPMorgan Chase CEO Jamie Dimon said to cheers and laughter at a branch opening in midtown Manhattan. "We've been waiting a long time to start the expansion of Chase retail."

A team of Bank of America specialists help the superrich diversify with farms, ranches and other alternative investments.

Banks are trying to catch up with the amenity-rich offices of tech firms.

A financial advisor at another firm says he was promised a lower mortgage rate at Bank of America if he deposited money into his Merrill Edge account.

By sending orders to an exchange they own, banks and brokers presumably can save money on trading costs.

Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.

The lender will give $1,000 cash bonuses in December to eligible employees making less than $100,000 annually, CEO Brian Moynihan said.

Terry Laughlin, who ran the bank’s $2.8 trillion wealth management business, formerly served as its chief risk officer, the bank said in a statement Friday.

Still, the bank’s revenue-producing operations are split into four divisions, which are all run by men.

A bonus introduced earlier this year has helped fuel client acquisition, executives say.

One of the biggest drivers of the better-than-expected earnings was the good economy and prudent lending.

Bank of America customers are frustrated over fees and customer service while Wells Fargo customers are alarmed about the bank's recent scandals.

The company is bridging its bank and wirehouse through training programs, compensation plans and technology investments