JPMorgan Chase & Co.’s wealthy clients suddenly found themselves shut out from trading at the height of this week’s drama in stock markets — just as prices cratered into the worst rout since 1987.
Louisiana lawsuit underscores banks’ attempt to curb client solicitation by brokers who allegedly built their books passively rather than cold-calling.
(Bloomberg) — JPMorgan Chase & Co. is planning to implement a staggered work-from-home plan for its New York-area employees after…
J.P. Morgan Securities trio in New York producing $9.5 million, $4.5 million Wells advisor in Pennsylvania and Merrill veteran in DC jumped last week amid market tumult.
Paul Vigue, William Platt and Renato Reali, who joined forces at Smith Barney 19 years ago, rejoined Morgan Stanley in Manhattan Friday and Damion Carufe arrives in firm’s Palm Beach office after 31 years at J.P. Morgan/Bear Stearns.
Father-daughter team in New York join another Morgan Stanley alum at J.P. Morgan, Merrill advisor in Virginia producing $1.7 million arrives at Raymond James, and Rockefeller hires a $1.2 million producer in Washington.
Morgan Stanley hires six brokers in California, New York and Kentucky collectively producing $5.5 million, loses a $200-million-asset Manhattan team to regional firm.
Six-broker team is led by Sal Tiano, who has worked for almost three decades at J.P. Morgan and its Bear Stearns predecessor.
Sanction is latest in string of fines against firms accused of selling high-cost fund share classes to certain retirement plan and charitable-account clients eligible for less expensive shares.