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Despite the win, a proxy adviser had raised concerns that the bank’s compensation committee uses too much discretion when determining total pay.
May 22 -
The ride-hailing platform’s IPO may test how wealthy clients react if they don’t fare so well.
May 13 -
In a bid to further enhance its capabilities for advisors, the firm is also slashing ETF transaction fees on select funds later this year.
May 3 -
Bank critics and some lawmakers quickly seized on a tone-deaf posting by JPMorgan Chase that was designed to tout the virtues of saving money.
April 29 -
Previous Republican and Democratic presidents have declined to assert authority over independent agencies, partly because the legal issue isn’t simple.
April 25 -
The firm, along with the broader asset management industry, is focused on ways to expand its global reach amid mounting pressure for growth.
April 24 -
Shelley O’Connor, who co-led the unit with Andy Saperstein, will now oversee two bank entities.
April 24 -
With the board still conducting a hiring search, the strategy for fixing past problems and returning to revenue growth remains in flux.
April 22 -
The proposed rule will need substantial revisions before it wins the support of the commission's sole Democrat.
April 22 -
The company’s acquisition will allow it to target prospective clients who are still in the wealth creation phase of life, says CEO James Gorman.
April 17 -
The asset manager’s share price fell 24% in 2018 while institutions have pulled money from its investment products for three straight quarters.
April 15 -
PR campaigns won’t be enough to salvage the bank’s reputation after a series of scandals. Instead, it should look into adopting a new name, among other crucial steps.
April 10
K.H. Thomas Associates -
Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.
April 7 -
The famed investor recommends 90% large-cap U.S. stock and 10% short-term government bonds. Is it a crazy idea?
April 3 -
The bill has bipartisan support in the House and Senate.
April 3 -
Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.
April 3 -
The asset manager is shifting more responsibility to regional leaders.
April 2 -
The presidential hopeful ups the pressure on FINRA and lays down another plank in a platform seen as hostile to Wall Street.
April 1 -
Dan Arnold received $7.1 million in 2018, far below the longer-tenured chiefs of rival firms Ameriprise and Raymond James.
April 1 -
The bank's decision to select its general counsel as successor to Tim Sloan, albeit on a temporary basis, focused attention on its frayed relationships with the Federal Reserve and the OCC.
March 29
























