Founded in 1985 and majority-owned by private equity shops Oak Hill Capital, Genstar Capital and Altas Partners, Denver-based Mercer says it had more than 1,220 employees managing a total of $69 ...

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 ...

Patrick Mahoney, the chief executive officer of the Financial Planning Association, died Feb. 1 after a yearslong bout with cancer, the organization announced Tuesday. He was 62, according to an ...

Tuckner said he doesn't expect the changes to have an immediate effect on the U.S. wealth unit's profitability, but that improvement should be evident next year and that the unit's profit margin, ...

In UBS' 2025 advisor compensation plan, revealed in November, the wirehouse added and enhanced incentives for advisors who grow their business and who connect clients with banking capabilities, but it ...

A Democratic Senator slammed President Donald Trump 's decision to grant wide access to Treasury Department data to tech tycoon Elon Musk and his Department of Government Efficiency team, saying the ...

Wells Fargo is moving closer to getting unshackled from the $1.95 trillion asset cap imposed on the bank following the 2016 fake-accounts scandal, recent reports suggest, and the fresh termination of ...

Speaking in a Wall Street Journal interview Monday, Chief Executive Officer Salim Ramji listed technological innovation, along with Monday's historic fund fee cuts, as two recipients of the proceeds ...

The reassigned staffers include one of the unit's top lawyers, who was moved out of enforcement entirely in what some of the sources describe as an "unfair demotion," the Times wrote.

A U.S. Senate committee will look into claims that traditional lenders have refused service to certain political groups and types of customers in what's being termed "debanking," according to Reuters.

J.P. Morgan acquired First Republic on May 1, 2023, after it was seized by regulators. Breslin joined General Catalyst on the same day and set about recruiting his former co-workers. It wasn't an ask, ...

Ten broker-dealers and industry trade groups are asking Congress to include independent financial advisors in the group of small businesses entitled to a tax write-off enacted during President Donald ...