Hayes claims the Swiss banking giant made him a "handpicked scapegoat" to shield executives during the notorious multibillion-dollar Libor scandal.
Meanwhile, LPL lured a 37-year industry veteran from Raymond James in Alabama, and Bank of America hauled new hires from Wells Fargo, UBS, and Edward Jones.
Avan's daughter, Nyah, called her mother a woman of poise, wisdom and grace, according to a report.
Raymond James and Osaic have also recruited more Commonwealth defectors in Illinois, Pennsylvania, Colorado, and Florida.
The wirehouse's updated compensation plan for its private client group comes after it beat analysts' Q3 earnings expectations and regulators lifted a seven-year cap on its growth.
LPL's W-2 channel, Linsco, also added a $330 million team from Janney, while Ameriprise's independent unit lassoed advisors from LPL and Wells Fargo.
Wealth management units post standout results, powered by rising client balances and increased trading.
JPMorgan and Goldman's investment banking units helped drive earnings beats, while Citi hit revenue records across all divisions.
With a $10 billion direct investment commitment, it aims to strengthen US economic resilience by supporting companies in sectors from AI to pharmaceuticals and energy infrastructure.
The Wall Street giant's updated requirement gives its advisors more leeway to pitch crypto funds, which are primed for a big bang following recent changes at the SEC.
RBC, Ameriprise, and Wells Fargo also announced new additions from Northwest Financial Advisors, LPL, and other rivals.
Isaiah Williams, 33, was arrested in Florida in June for his alleged involvement in the theft of almost $2.6 million from Reshad Jones, a former Miami Dolphins safety.
The decentralized supervision infrastructure used by wirehouses is 'like a failed state,' says attorney.
How to have constructive talks regarding wealth, values, legacy.
William Sinclair tells InvestmentNews about the bank’s new lifestyle offering
Cerulli research sees major acquisitions and mergers drive growth in the IBD channel, with advisors increasingly drawn to independence and scale.
Also, Raymond James transitions its asset management leadership, while US Bank names president of affluent wealth division.
Signs of emerging stock bubble makes the tech trade trickier for some on Wall Street.
Elsewhere, Raymond James attracts more Commonwealth teams, Wells Fargo adds nearly $1 billion with UBS and JPMorgan defections, and Baird welcomes a veteran advisor from Edelman.
CEO says the top-ranked Canadian bank, which could theoretically scoop up a business as large as Schwab, has several "high-quality wealth franchises" in its sights.
