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Citi pays Andy Sieg $11.3M for first 3 months as wealth head
The size of award underscores Citi's desire to overhaul its struggling wealth division.
Merrill Lynch follows through on hiring financial advisers despite tough market
Meanwhile, Bank of America, like other large financial institutions that employ advisers, is facing regulatory scrutiny over employees' communications.
Merrill Lynch, Morgan Stanley top execs say recruiting changes worked
Driving the recruiting overhaul at wirehouses over the past few years has been the tremendous expense of recruiting experienced financial advisers.
