Bank of America 's board of directors has increased Chief Executive Officer Brian Moynihan 's total compensation by more than one-fifth. Moynihan's pay for 2024 was $35 million, up from $29 million ...

TMTG launched Truth Social in 2022 after Donald Trump, in the wake of the Jan. 6 riot at the U.S. Capitol, was kicked off Facebook (whose parent company, Meta, last week agreed to pay $25 million to ...

Last week, after 14 hearing sessions, Finra arbitrators Steven E. Eisenberg, Mark H. Schiff and Mark Sunshine found in Morgan Stanley's favor, ruling that Zapoleon was not entitled to recovery of his ...

That move goes beyond the directive issued by the CFPB's previous acting head, Treasury Secretary Scott Bessent, who last week ordered staff to cease final rulemaking, suspend the effective dates of ...

Schlatter, a 36-year industry veteran, began his career in 1988 with Travelers Equities Sales, moved in 1991 to Cigna ...

Senior Senate Republicans and Democrats are in agreement that the banking industry denies services to certain industries and groups, according to Reuters. The Senate Banking Committee held a hearing ...

President Donald Trump signed an executive order Monday directing the creation of a sovereign wealth fund within the next year but did not outline how the pool would be capitalized, Reuters reports.

Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...

LPL Financial announced that a four-advisor team has left Osaic to join its broker-dealer, registered investment advisory and custodial platforms, aligning with existing firm Academy Financial.

Apex agreed to pay $3.2 million over alleged violation of rules related to the use of customers' securities, as well as communication, supervision and standards rules, without admitting or denying the ...

Brandon Glasscock and Mandy Marie Haskell decided to stay with Concurrent after the two companies split. Raymond James Financial Services has recovered hundreds of thousands of dollars in outstanding ...

In December, Tenreiro was promoted by "a top enforcement official" to serve as the SEC's head of litigation, the publication wrote.