One of the new recruits says his group was attracted to the firm's platform and culture.

The spat between the firms started when the regional BD recruited a group of advisers who collectively oversaw about $1.1 billion in client assets.

The advisory business ended the year on a strong note, boosted by growth in net interest income, which rose 14% year-over-year.

OSHA supports ex-broker Johnny Burris’ firing because he allegedly faked company letterhead. Burris says the bank approved the altered letter years before.

The decision vindicates ex-broker Johnny Burris, but also supports the move to fire him. However, a bank document obtained by Financial Planning casts doubts on the reason for his termination.

The changes are the first under David Kowach, who became president of the wirehouse's traditional employee broker-dealer late last year.

Recent announcements from the bank open an opportunity for CEO Timothy Sloan to take a public leadership position on the issue of financial industry compensation.

Plus: A Morgan Stanley grab totals $410 milllion in combined AUM and more than 30 other job changes.

Advisers will create strategies and communicate the advice. Software will handle the execution and maintenance of the strategies.

Black employees at the firm say lucrative client accounts were often steered toward financial advisers who weren’t black.

The group is led by a veteran adviser who started her career in the late 1980s.

The regulator said "significant deficiencies" affected hundreds of millions of records.

The new hires opened two offices for the regional BD.

Lawyers have filed FINRA arbitration claims alleging the bank deprived them of their bonuses.

Her proposal to expand a probe into possible sales abuses was met by resistance from an executive who didn’t want to alienate the bank.

The wirehouse will leave its core pay grid untouched for 2017.

Collectively, this year’s mega movers managed more than $23 billion in client assets.

The group of industry veterans had $1.7 million in annual production, according to the regional BD.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.

The new recruits joined from Merrill Lynch and Morgan Stanley.