The firm has settled with the SEC for $11.5 million, with Finra for $15 million and with the Commodity Futures Trading Commission for $11.5 million, according to the SEC.
The firm has agreed to settle with the SEC for $11.5 million, with Finra for $15 million and with the Commodity Futures Trading Commission for $11.5 million.
Mortgage borrowing helped drive loan growth at Merrill Lynch, Morgan Stanley, and UBS during the second quarter of 2020, while Wells Fargo’s wealth management unit’s loans stayed flat. Industry executives stressed the high quality of the pandemic-era borrowing.
American investors are less optimistic about an economic rebound than those in other regions, but they are also less likely to be planning for post-election portfolio switches.