MORNING BRIEF: BlackRock Recruits Ex-Credit Suisse Brokerage Head Phil Vasan
BlackRock hires former Credit Suisse U.S. brokerage boss Phil Vasan to sell customized active-and-passive products to private bank and RIA channels.
The Securities and Exchange Commission fined Citigroup and its retail brokerage units for failing to report small-cap trades over 15 years, pre- and post-Smith Barney sale.
Bank of America denies former managing director’s “bro culture” discrimination claim, saying phrase was concocted by her attorneys.
Finra makes another tweak to its arbitration panels, giving parties more choices in picking public sector arbitrators.
Jamie Dimon raises minimum wage for JPMorgan Chase employees to well above national minimum, to as much as $16.50 an hour.