Edward Jones, traditionally recognized for serving Main Street investors, is making a strategic push to attract ultra-high-net-worth clients.
Investors are trying to make sense of President Trump's willingness to shrug off market losses in recent days.
This year's stock market sell-off has been dramatic, but it also contains almost all of the same characters featured in disruptions in the last 2 yrs.
Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.