Wells Fargo, which has been dealing with a series of scandals and regulatory issues, has temporarily halted the use of diversity guidelines for hiring after a report that staff held fake interviews with minority candidates to satisfy in-house rules.

The firms respectively settled the regulator’s allegations about suspicious activity reports and the duty of best execution — two major areas of emphasis.

Record-breaking revenue and boosted CEO salaries are just two developments from the eagerly anticipated first-quarter earnings reports.

In a panel held by NASAA, experts from giant wealth managers explained how reps and their teams often serve as the first line of defense.

The wealth programs in the channel are going through a significant shift amid major recruiting moves and consolidation, according to a consultant’s report.

Whether it's a watchdog or up-and-coming advisor, claims and counterclaims are plentiful across the industry.

Higher interest rates, higher deposit and loan balances drove significant growth for the wirehouse this quarter.

The latest legal fight between the firms over departing brokers raises questions about the effectiveness of the Broker Protocol.

Arbitrators granted the wirehouse damages for payment of a promissory note but slammed the conduct of a “management-level employee.”

A trio of advisors dropped Wells Fargo as practices choose between staying with wirehouses or joining the RIA movement.

Carrie Tolstedt invoked her right to remain silent about allegations she misled bank customers.

Steven Black was a board member of BNY Mellon when Wells CEO Charlie Scharf led the trust bank. He will become Wells Fargo’s fifth chairman in five years.

Philadelphia-based Janney Montgomery Scott added three teams from Wells Fargo and Merrill Lynch across two states managing $1.4 billion in client assets.

Raymond James’ advisor employee headcount has remained relatively flat over the last five quarters, while its 1099 channel saw an increase of 3% over the same time period, according to the company’s latest earnings report.

David DeVoe, founder and CEO of DeVoe and Company, says Mariner's acquisition of Allegiant is likely the beginning of its next phase of momentum with RIA transactions, following the investment of its new PE partner earlier this year.

Other banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, have yet to resume giving to federal candidates or committees.

The stress tests used to trigger anxiety across Wall Street, but the banks’ solid showing underscores how comfortable the industry has grown with the exercises.

The California team wanted to keep serving international clients after the wirehouse elected to focus on domestic wealth management.

The advisors went independent in part because Wells Fargo halted its wealth management business outside the U.S. earlier this year.

Julie Caperton, a longtime executive at the $1.9 trillion-asset bank, succeeds Julia Wellborn, who left the company in April.