The manager allegedly led a $33 million funding round for Scalable alongside the startup’s two existing venture capital investors.

The new offering is intended to offer passive index and ETFs that track markets as well as active.

The broker breached two promissory notes, which had outstanding balances of $544,000 and $345,000, according to a FINRA arbitration ruling.

The robo advice firm says it already has a number of customers with more than $10 million each.

We've sliced and diced our top bank advisers to list the banks and TPMs based on the number of our winners in their ranks.

Over 50 advisers have now joined the independent firm, which is affiliated with Raymond James.

We've reshuffled our top 100 bank advisers to list them solely by fee business. Here are the top 25.

The settlement comes two weeks after Citigroup resolved similar charges with the New York Attorney General's office.

Citigroup Global Markets paid a $1 million penalty to New York State for overcharging more than 47,000 customers. It will also reimburse the customers.

The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.

The new leadership approach differs from almost all of the bank's biggest competitors.

Nunag will oversee client relationships, product development, marketing and sales in the New York City area.

One of the bank's new offerings is aimed at clients with balances between $50,000 and $199,999.

Here's what to watch for just before the counting of ballots begins.

A $2.2 billion Morgan Stanley team's move to independence shows how breakaways use shell companies to take advantage of the legal pact, and why more than 1,500 firms have signed on.

They seem to be everywhere, but there is every reason to believe that clients overwhelmingly still want to deal with human beings.

J.P. Morgan Chase, Citigroup, First Republic and Bank of America were among the institutions questioned on the issue of incentive compensation.

Scoring top digital talent has become incredibly important to the largest banks as they see mobile banking as the future of their businesses.

The stock picker, known for beating the S&P 500 for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM.