Corporate finance

The firm warned Friday that it may take a charge of as much as $1 billion to settle a U.S. probe of its consumer business.

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.

Portfolios will be selected based on machine learning and natural-language processing.

If you want to eventually sell your practice for a big pay day (and not everyone does), aim for annual growth of 15%.

Funds that experienced poor performance and registered investment companies with little management experience are among those that may be under scrutiny.

The CEO of the firm’s parent says it expects to trim hundreds more advisors from its ranks over coming months.

The firm had strong net inflows to its U.S. Income Fund as well as strategies including long duration and income.

The products exceeded their previous monthly flows record by nearly 30%.

More than $34 billion in client assets moved into the No. 1 IBD’s fold in the first part of the acquisition.

Headcount dropped by 413 brokers year-over-year, but productivity per FA jumped by 29%.