Edward Jones Claims Victory In Reverse-Churning Lawsuit
Edward Jones secures a significant victory in its ongoing legal battle with former clients who accused the firm of overcharging them.
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Well Fargo's New Regulatory Trouble May Delay Asset Cap Removal Timeline
Wells Fargo's latest regulatory setback could delay the timeline for lifting the asset cap imposed by the U.S. Federal Reserve and stifle its growth.
JPMorgan Just Capped Junior Bankers’ Hours—At 80 Per Week
Two of Wall Street’s largest investment banks, JPMorgan and Bank of America, are cracking down on the industry’s infamous always-on culture.
US OCC Finds "Deficiencies" In Wells Fargo's Anti-Money Laundering Controls
A top U.S. banking regulator has found "deficiencies" in Wells Fargo's anti-money laundering controls and financial crimes risk management practices.
Voya Financial Set To Acquire OneAmerica's Retirement Business
Voya Financial is set to acquire OneAmerica Financial’s $60 billion retirement plan business, a move that both companies made public today.
Lawsuit Against Creative Planning Dismissed By Federal Judge
A federal judge has dismissed a lawsuit brought by Stephen Greco, a former executive of Creative Planning, against his former firm.
Lawsuit Filed Against Charles Schwab For Failure To Protect Against Scam
Ruth Rootenberg, a 92-year-old client, has filed a lawsuit against Charles Schwab, claiming the firm failed to protect her from a scam.
