Broker-Dealers
Bob McCann Tries To Restore Morale At UBS As Year-End Bonus Hopes Evaporate
Memos are apparently flying fast and furious at UBS as Bob McCann tries to keep his hard-won reps from scattering in the wake of the bank's $2 billion trading loss.
Merrill Lynch Shuffles Its Top Chairs, Vows Closer Ties Between Brokers And Private Bankers
Mere weeks after Sallie Krawcheck's departure from Merrill Lynch and the ensuing mass layoff announcements at parent Bank of America, John Thiel has announced a significant change-up in the firm's org chart.
UBS Rogue Trader Losses Might Make Its Brokerage Unit More Important Than Ever
Shareholders in UBS are livid that the bank they had to give $46 billion to in order to survive the credit crunch is ready to report another $2 billion in losses.
Cross-Selling Bank Products Just Not Working Out For Wirehouse Reps
Two out of three advisors with a corporate tie to a bank are finding it tough to exploit that relationship, according to a new study.
Merrill Advisors "Really Concerned" Now That Sallie Krawcheck Is Gone
Sallie Krawcheck's departure from Bank of America Merrill Lynch continues to prompt plenty of speculation.
More Articles ...
- Krawcheck Leaves The Thundering Herd As Bank Of America "Simplifies" And Pushes Cross-Selling
- CapWest, Another Broker-Dealer That Sold Private Placements, Winds Down Its Business
- Is Merrill Lynch's Thundering Herd On The Move As BofA Grinds?
- Morgan Stanley Wins Latest Round In Wirehouse Advisor Shuffle...Barely
