of Retirement Research and Inclusion Transformation at Bank of America, as quoted by Merrill Lynch. Instead, if you need money, you can always take out a home equity loan or even a personal loan.
(Reuters) -Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to ...
Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing ...
The firms failed to consider the best interests of clients when selecting cash sweep programs, the agency said.
The Securities and Exchange Commission has charged two registered investment advisor units of Wells Fargo and Merrill Lynch with compliance failures relating to their cash sweep programs.