Morgan Stanley Private Wealth Management has poached a team from fellow Lehman Brothers to serve high-net-worth American Indian clients.
A federal judge has approved Citigroup Inc.'s $33 million class action settlement with female brokers.
They have reason to be nervous: Women work 12 fewer years than men on average and have less put away for retirement.
Race and gender diversity at financial firms has improved but has remained static for the past two years, a SIFMA report showed.
