Economy

Barclays Plc, Credit Suisse Group and UBS will face questions this week about key banker departures, legal challenges and their efforts to boost profitability.

Warren Buffett, who invested $5 billion in Bank of America, said he's confident the lender will overcome an accounting mistake that forced the firm to suspend an increased payout to shareholders.

Ex-commanders take new jobs as load-pushing 'advisors.' No wonder service members get victimized.

Switzerland’s biggest bank hired Ros Stephenson from Barclays to be global chairman of corporate client solutions, reporting to Andrea Orcel, the investment bank's chief.

A former wirehouse advisor team with $350 million in assets has left Wells Fargo to join RBC Wealth Management-U.S.

From the courthouse to the wirehouse, Racquel Oden has blazed her own path. Now she's helping new advisors find theirs in her new role as head of Merrill Lynch's training program.

Donald Runkle, who spent nearly 11 years as Raymond James Financial Services' chief compliance officer, resigned; the firm provided no explanation for the departure.

The Cypress Group, a former Morgan Stanley team that managed about $740 million in assets, has left the wirehouse to join Integrated Wealth Management.

As his biggest IBD acquisition closes, Nicholas Schorsch predicts more big-ticket M&A deals during a Milken Institute session; another panelist warns of inflated price tags and bad behavior.

Deal adds over 6,600 financial advisors, giving RCS the country's second-largest independent network by advisors.

Ameriprise Financial posted the biggest gain in the Standard & Poor's 500 Index after reporting profit that beat analysts' estimates and announcing increased share buybacks.

Third-party broker-dealers increased the number of advisors they deploy by 1.5% and upped the number of financial institutions they serve by 2.6%.

With nearly $400 million in assets, the trio will bring their new firm's assets to roughly $1.3 billion.

FINRA is moving to toughen reporting requirements for BrokerCheck, following revelations that hundreds of registered advisors have failed to publicly disclose personal bankruptcies, criminal charges and other potentially damaging information.

Revenue growth combined with high expenses and a challenging recruiting environment; CFO calls advisor pipeline 'solid' despite defection of 40 bank advisors.

Revenue climbs and assets grow, but net income slips at the country's biggest independent broker-dealer.

Raymond James Financial reported that net income was up 33%, boosted by record private client group revenue.

Independent planners can not win a battle against Wall Street unless they find a way to defeat well-funded lobbyists in the industry.

Bank of America's Lisa Carnoy, one of Wall Street's highest-ranking women, is moving from head of the global capital-markets division to an executive role in the U.S. Trust wealth-management unit.

Fortress is the fifth firm to join Omaha-based Arbor Point, which provides an open architecture platform aimed at dually registered advisors, since it launched early last year.