Updated Thursday, October 23, 2014 as of 3:56 PM ET
Janney Lures J.P. Morgan Advisors
An advisor team has left J.P. Morgan to join regional wealth manager Janney Montgomery Scott, opening a new office in Rhode Island.
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Deutsche Asset & Wealth Management lured away a managing director from J.P. Morgan. more »
Bank of America said wealth management profits were up 13% year-over-year and reported an increase in its advisor ranks. The company reported that profits for its Global Wealth & Investment Management division, or GWIM, which includes Merrill Lynch and U.S. Trust, increased to $813 million for the third quarter from $720 million a year ago. … more »
The two hires are part of the firm's campaign to increase its business development teams in key wealth markets. more »
Cetera plans to announce an expansion of its relationship with Broadridge, a provider of investor communications and technology, to streamline its self-clearing process. more »
JPMorgan Chase set aside 3% less to pay employees at its investment bank in the first nine months of 2014 as revenue in the division slumped, driven by a 12% drop in fixed-income trading. more »
James Katayanagi allegedly created fake ATM cards and used them to swipe more than $14,000 from eight bank customers. more »
To obtain approval and funding for security improvements, bank technologists have to make their case by pointing to losses from recent security breaches. But calculating those losses can be tricky. more »
There's almost no good way of tell a bank customer that her personal data's been stolen. But some banks do a particularly bad job of communicating during a security incident. more »
Treasuries fell for the first time in five days as investors weighed the probable timing of Federal Reserve interest-rate increases before speeches by U.S. policy makers today. more »
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