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Bank of America vice chairman and head of global wealth, Terry Laughlin, dies at 63
NEWS INDUSTRY NEWS OCT 26, 2018
Bank of America vice chairman and head of global wealth, Terry Laughlin, dies at 63

'A builder and a problem solver,' he served on the boards of the Urban Institute and the Brooklyn Museum.

Sell-offs are normal, but this week shocked the pros
INVESTING EQUITIES OCT 26, 2018
Sell-offs are normal, but this week shocked the pros

Market's moves seem to be ignoring the healthy economy and good earnings.

NFL teams in high-tax states risk talent drain
RETIREMENT RETIREMENT PLANNING OCT 25, 2018
NFL teams in high-tax states risk talent drain

Limits on federal deduction for state and local taxes could put them at a disadvantage in negotiations with free agents

UBS CEO promises to boost wealth management profits
YOUR PRACTICE FINTECH OCT 25, 2018
UBS CEO promises to boost wealth management profits

In third quarter, bank's global wealth management unit saw pre-tax profits rise 3%

Investors shovel $4 billion into U.S. stock ETFs
INVESTING EQUITIES OCT 25, 2018
Investors shovel $4 billion into U.S. stock ETFs

Flows into two big exchange-traded funds tracking the S&P 500 were the highest in over a month.

Wells Fargo places two executives on leave
YOUR PRACTICE PRACTICE MANAGEMENT OCT 25, 2018
Wells Fargo places two executives on leave

Move occurs amid regulatory investigations into the bank's sales practices.

Advisory firm clients value these words more
NEWS INDUSTRY NEWS OCT 25, 2018
Advisory firm clients value these words more

Certain terms should be used — and avoided — when advisers offer value propositions, Pershing study concludes.

Diversity and inclusion a 'bull-market phenomenon'
NEWS INDUSTRY NEWS OCT 24, 2018
Diversity and inclusion a 'bull-market phenomenon'

Morgan Stanley vice chair says firms need to foster diversity in good times and bad

Wall Street banks to get fee cut from top lobbying group
NEWS INDUSTRY NEWS OCT 24, 2018
Wall Street banks to get fee cut from top lobbying group

SIFMA looking to streamline operations, save millions.

Regulatory outlook for 2019 shaping up to be more positive
NEWS REGULATION AND LEGISLATION OCT 24, 2018
Regulatory outlook for 2019 shaping up to be more positive

The SEC's proposed advice rule and efforts to strengthen Finra will be among the critical areas next year.