Merrill Lynch News

03.10 / 09:23

BlackRock UK Investment trusts People moves liontrust James de Uphaugh to retire after 36-year career

Manager of the Edinburgh investment trust James de Uphaugh, who is set to retire in February 2024

22.09 / 21:31

UPS JPMorgan HSBC Chase President TIAA hires six new leaders for wealth management team

TIAA has overhauled the senior leadership of its wealth management business.

22.09 / 07:03

UPS Fighting pandemic President gay Turkey’s central bank hikes interest rates again in further shift in economic policies

Turkey's central bank has raised its key interest rate by 5 percentage points to 30%

21.09 / 18:23

UPS Fighting pandemic President gay Turkey’s central bank hikes interest rates again in further shift in economic policies

Turkey's central bank has raised its key interest rate by 5 percentage points to 30%

18.09 / 20:55

Digital Career Citigroup LPL adds $1.2 billion pair from Morgan Stanley

A father-and-son team of advisors who managed about $1.2 billion in assets at Morgan Stanley has joined LPL Financial’s model for supported independence, LPL Strategic Wealth Services.

08.09 / 12:19

UPS Provident FIVE Dreams show LPL welcomes $205M team to its employee advisor channel

Another new wealth management firm has been born in Houston, as financial advisors Ed Winegar and Gregory Berg launch their own firm with LPL Financial’s employee advisor channel.

07.09 / 13:33

Digital country gay Long opposed to rate increases, Erdogan now backs plan that includes raising rates, minister says

A top government official says Turkish President Recep Tayyip Erdogan supports his new economic team's plan to increase interest rates to lower the country's soaring inflation

31.08 / 15:13

Art Lawson DISH show social Claire Coutinho joins UK cabinet as youngest minister, Know about her background, education, politics, reality TV show

Claire Coutinho became the youngest minister in the UK government when she joined it as the new secretary for energy security and net zero, replacing Grant Shapps. It is a huge opportunity for the young woman who was elected from East Surrey in December 2019. With this decision of Prime Minister Rishi Sunak, Coutinho has become a major figure in Conservative politics at a much younger age and with less experience. She is the only MP to be made minister from the lot that was elected to the Parliament in 2019.

24.08 / 16:30

COST UPS Fighting gay Turkey’s central bank unleashes a big interest rate hike in another sign of an economic shift

Turkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies

22.08 / 17:17

Parke Raymond James adds $300 million advisor from Merrill

Raymond James announced Tuesday that advisor Burdette Park, who managed about $300 million in client assets at Merrill Lynch, is joining thefirm’s employee advisor channel, Raymond James & Associates.

17.08 / 18:03

country Equitable Advisors hires four advisors with combined $360M AUM

Equitable Advisors has added to its fast-growing wealth management business with the hire of four advisors from other major firms.

16.08 / 11:19

UPS Action Strategy New Jersey $270M team sets up new wealth firm with LPL

A financial advisor and two of his former interns have established a new independent practice in New Jersey.

15.08 / 11:13

UPS Provident Platform Fulton Financial $205M advisor duo joins LPL from Raymond James’ Fulton Financial Advisors

A long-established partnership of financial advisors has taken the next step on its journey by joining LPL Financial’s broker-dealer, RIA and custodial platforms from Fulton Financial Advisors, part of Raymond James.

10.08 / 13:59

Career Former school teacher joins LPL Financial’s employee advisor channel

Changing careers has paid off for a former Connecticut independent school teacher who is taking a new direction in financial services by joining LPL Financial’s employee advisor channel Linsco.

07.08 / 11:19

Williams Ford UBS Patrick RBC RBC Wealth lures $1.1B advisory team from UBS to expand presence in Ohio

RBC Wealth Management lured a team of financial advisors away from UBS in order to establish a new branch office in Columbus, Ohio.

03.08 / 12:37

Citi CEO JPMorgan Platform HSBC performer What banks are actually saying about hiring and firing in 2023

Are things on the mend? When Goldman Sachs announced its second quarter results last month, it said it no new'unusual' job cuts were planned. HSBC reiterated this week that its grand cost-cutting program ended in 2022. Brian Bissonette, an ex-director at Merrill Lynch who now works for M&A execution platform Dealcloud, is letting it be known that his banking clients are saying their layoffs are over.

01.08 / 18:17

UPS Provident Career Platform Forbes Raymond James signs up Merrill advisor managing about $360 million in assets

Raymond James has snapped up advisor Joshua Rogers from Merrill Lynch, where he managed about $360 million in client assets.

26.07 / 19:11

Career UBS BNI Merrill Lynch team with $450m leaves for Steward Partners

A team of Merrill Lynch brokers are launching an independent wealth management practice with Steward Partners Global Advisory.

20.07 / 17:25

COST UPS Fighting Turkey hikes interest rates in another sign of economic normalcy. But markets expected more

Turkey’s central bank has raised its key interest rate in another sign of commitment to a traditional path of battling inflation

11.07 / 18:47

SEC penalty Merrill Lynch smacked with $12 million penalty for reporting violations

For years, Merrill Lynch failed to report suspicious transactions as required under federal bank regulations, and in particular the giant brokerage failed to apply the correct threshold to report suspicious activities for more than 10 years, according to statements Tuesday afternoon by the Securities and Exchange Commission and the Financial Industry Regulatory Authority Inc., which each penalized Merrill Lynch $6 million in settling the matter.

04.07 / 15:23

UPS Target FIVE Cooper Citizens French court upholds freezing of assets of Lebanon's embattled central bank chief

A French court has upheld the freezing of assets of Lebanon’s embattled central bank governor rejecting his appeal to have them released

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