wealth management news from FierceFinance

Employment trends in much of the financial services industry remain bleak. But there are a few areas that remain in growth mode. One of them is wealth management, especially in booming areas like

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For years, top brokerages have been eyeing ways to woo high net worth women. Citigroup's Women & Co. was launched way back in 2000 and appears to be going strong, though it remains unclear just Read more...

The Kweku Adoboli scandal has been nothing short of a nightmare for UBS. The rogue trader's $2.3 billion losses prompted the resignation of CEO Oswald Grübel and the co-heads of equities. Eight Read more...

There was plenty of good news in the third quarter earnings report from Wells Fargo (NYSE:WFC). For one thing, the bank reported earnings of 72 cents per share, which was right in line with Read more...

Management turmoil is not going to go over well with the Thundering Herd at Bank of America. The loss of Sallie Krawcheck was a blow. But there will likely be more change coming down the pike as CEO Read more...

So just how superstitious are you? Are you the type that has to wear certain clothes (your lucky underwear?) when your favorite sports team is in action. Are you the type who is convinced that your Read more...

It's never a good sign when a company announces two major executive shake ups in short order. The danger is that the second move comes across as a sign of desperation and an indication that the bank Read more...

So how far will Brian Moynihan go to undo the legacy of his tainted predecessor, Ken Lewis, who left the bank on the brink of ruin for Moynihan to rebuild? The CEO of Bank of America faces an array Read more...

When the financial crisis was setting in and Goldman Sachs and Morgan Stanley were transitioning to bank holding company status, the conventional wisdom was that both banks would move aggressively Read more...

One sad consequence of the financial crash of the late 2000s was that millions of retail investors lost faith the market, convinced apparently that it's rigged against them. Now that the market has Read more...