Department of Labor is allegedly investigating asset manager's infrastructure fee that is the focus of a 401(k) lawsuit.
Bank ups its estimate of how much it might have to spend to resolve investigations and claims related to its scandals.
Measure would replace almost all private health insurance.
Global Income Fund's manager sees junk bonds as a safer way to play the Fed-induced rally.
Treasury inspector general estimates those taxpayers have a total of $323 billion in state and local tax bills they won't be able to deduct.
Majority also expect the Fed to continue raising rates this year, survey shows.
The bank's wealth management unit will use the name Merrill going forward.
Online lender SocialFinance will waive management fees on two stock funds for at least the first year
Poaching a replacement from one of the bank's few peers would probably be costly.
CEO Sergio Ermotti says bank will prioritize protection of its dividends.