The OCC Directs Bank Of America To Overhaul Money Laundering Program
The Office of the Comptroller of the Currency has directed Bank of America to overhaul its anti-money laundering program following deficient findings.
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CFPB Sues JPMorgan, Bank of America Over Alleged Zelle Fraud
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & along with the parent company of Zelle.
UBS Reached $3.5 Million Settlement to Resolve Allegations
UBS has reached $3.5 million settlement to resolve allegations of supervisory failures tied to short-term trading in preferred stocks by its brokers.
Charles Schwab Files Lawsuit Against Former Advisor
Charles Schwab has filed a lawsuit against a former financial advisor, Roberto Ortega, accusing him of breaching a non solicitation agreement.
Captrust Financial Acquires Two Firms Bringing 2 Billion In Combined Assets
Captrust Financial Advisors announces the acquisition of two more firms: Campbell Wealth Management and TruNorth Wealth Partners.
LPL Financial And Ameriprise Reach Agreement Over Recruiting Practices Dispute
LPL Financial and Ameriprise Financial have reached an agreement regarding customer data in their ongoing legal dispute over recruiting practices.
Etrade Clients May Soon Be Investing In No-Fee Index Funds
ETrade clients soon they may have the opportunity to invest in proprietary ETrade funds with zero management fees.
