-
Customers who were eligible for Class A shares in certain mutual funds without a front-end sales charge were either not given the sales charge waiver or sold more expensive Class B or C shares, FINRA claimed.
April 3 -
Brokerage revenue is likely to drop for three to five years.
January 30 -
The regulator reprimanded Citizens’ retail brokerage for not amending reps' Forms U4 and U5 within 30 days of learning of complaints.
January 24 -
The sales mix for the wealth management business is shifting from commission-based to more fee-based products, which hurts revenue in the short term.
December 8 -
The bank's digital investing service will be available online and by mobile phone through a partnership with robo adviser SigFig.
December 2 -
Robo advisers may have found the answer to a lingering problem for the financial industry: serving the mass-affluent in a profitable way.
December 1 -
The bank's heavy concentration of mass-affluent customers gives it a strong advantage over its rivals, Citizens claims.
August 9 -
The broker allegedly swiped $1,035 from the bank by using a fee-rebate system to wrongfully move funds into his checking and savings accounts.
August 2