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The firm said this is the first of several new teams it plans to add this summer.
June 12 -
The combined company will be known as Truist, which plays off “trust,” a word the banks’ original names had in common.
June 12 -
“When we think about these offerings, there are no hard lines that are drawn here,” said Merrill Lynch boss Andy Sieg.
June 12 -
Brokers “have become accustomed to this kind of deal structure,” COO Ed Swenson says.
June 11 -
The firm had cut back on hiring efforts in 2016, citing exorbitant costs.
June 6 -
"You should buy into IPOs to hold them, because you believe in the company," James Gorman said.
May 23 -
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CEO Sergio Ermotti has resisted pressure from some investors for large-scale layoffs, opting instead for smaller cuts with less impact on morale.
May 15 -
The regional BD has approximately 1,800 advisors.
May 14 -
The advisors are the latest in a string to jump from a wirehouse to a regional BD.
May 14