Wells Fargo firms, Merrill Lynch to pay $60 million to settle SEC charges
Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.
Stock market today: Wall Street rallies toward its best week since Trump's election
U.S. stock indexes are closing their best week in two months with a flourish on Friday. The S&P 500 was 1.2% higher in midday ...
InvestmentNews50m
SEC slams Wells Fargo, Merrill with $60 million in penalties over clients’ cash
“Wells Fargo Advisors and Merrill Lynch offered bank deposit sweep programs, or BDSPs, as the only cash sweep option for most advisory clients and received a significant financial benefit from ...
Retail Dive55m
The Weekly Closeout: Foot Locker taps Sonia Syngal for board and New Balance sales hit a record
Also joining the footwear retailer’s board is Ace Hardware CEO John Venhuizen. Meanwhile, New Balance landed $7.8 billion in ...