Merrill Lynch's proposed settlement with ex-brokers was aimed at limiting litigation. But some lawyers say it may trigger more lawsuits. Here's why.
Agreement will set the floor for future monetary claims; lowball figure would trigger new suits, lawyers say
Banks are hurriedly bracing for widespread demonstrations, disruptions and disturbances on May 1, as the Occupy Wall Street movement kicks off a new season of rabble-rousing. Says one security expert: It's like elks versus wolves.
Affiliation will aid hybrid firm's projected expansion to $3B in assets by end of 2013
Brokers and other observers say a culture clash and cost cutting have left legacy Smith Barney reps feeling demoralized and could cause more of the firm's brokers to leave.
SEC boss says work continues on proposal; 'I've kept the issue alive and moving forward'
Set up the company's first Las Vegas office; two other teams exit the herd as well
Low-ball valuation by Morgan Stanley doesn't inspire great confidence in future of big brokerage business
Finra said it is considering an exemption for a controversial fee it charges for existing members that make material changes to their firms
Eduardo Queen spent seven years at New York-based wirehouse
Citi says MSSB is worth $22B. Morgan Stanley says it's more like $9B. So who's right?
Celenza, DiGioia make quick exit from U.K. bank after 11 years at Smith Barney; location, location, location
In a bid to cut costs, MSSB plans to substantially pare the number of its complexes. The brokerage also plans to shrink the ranks of its nonproducing managers.
Unhappy with 3D platform, report claims
Billy Blanton went from gridiron to wirehouse; now he's going solo
In final negotiations with Julius Baer, sources say; purchase price pegged at upwards of $2B
Man who helped get Glass-Steagall overturned now says banks should just be banks
