Charles Scharf told the House Financial Services Committee that the bank had a 'flawed business model' and that its 'culture was broken'
Betsy Duke is scheduled to appear before the House Financial Services Committee Wednesday
Households now need $500,000 in assets, up from $250,000, for Wells Fargo to waive the fee
Some at-risk employees are being asked to work from home or attend virtual meetings
Brown Miller Wealth Management in McLean, Va., will use First Clearing for custody
The news ends speculation that Ermotti might try to succeed UBS chairman Axel Weber
Firm recommended that clients buy, hold single-inverse ETFs in retirement accounts despite previous Finra penalty
The deal allows the bank to avoid a criminal conviction for its sales abuses
The bank will pay about $3 billion to settle the government's investigations into a range of consumer abuses
Will ETrade become a part of its business where Morgan Stanley can vet young advisers?
Focus Financial CEO says Morgan Stanley's purchase of ETrade shows traditional brokerage model is broken
RIAs that work with ETrade are in limbo for now as the big bank concentrates on wallet share and ETrade's stock purchase plan business
The all-stock deal will reshape the wealth management landscape
In his tenure as chief executive at ING, Ralph Hamers has been known for promoting digital banking
One group of advisers is joining UBS while the other is reportedly moving to First Republic
Sergio Ermotti reportedly briefed bank executives on his plans to step down this year
The potential Hall of Famer claims his broker gave him misleading investment advice
The company is pursuing more business with those clients by providing 401(k)s, HSAs and other benefits
The change follows discussions with stakeholders and a shareholder proposal last year on the practice from Clean Yield Asset Management
Craig Young was promoted to a national position in which he will coordinate strategy across the firm
