Goldman Held Takeover Talks With Northern Trust Amid Hunt for Deal, Semafor Says
Goldman Sachs, which is “shopping for needle-moving acquisition,” held takeover talks with Northern Trust early this year nearly clinched $6B deal.
Recent
SEI to Acquire Majority Stake in Stratos Wealth Holdings in Strategic $527 Million Deal
SEI is acquiring a 57.5% majority stake in Stratos Wealth Holdings, a diversified financial services platform anchored by a large RIA network.
Charles Schwab Posts Strong Q2: Earnings Beat, $80.3 Billion in Net New Assets Signal Continued Momentum
Charles Schwab’s second-quarter results delivered a clear message to the wealth management industry: asset growth and client engagement remain robust.
Stifel, Commonwealth Top 2025 J.D. Power Advisor Satisfaction Rankings
Stifel and Commonwealth Financial Network have once again secured top honors in J.D. Power’s latest U.S. Financial Advisor Satisfaction Study.
Merrill Lynch Draws More High-Net-Worth Clients Despite Weaker Net Flows in Q2
Merrill Lynch continued to expand ultra-high-net-worth client base in Q2 of 2025, even as market turbulence and seasonal headwinds dampened as flows.
JPMorgan Gets a Dealmaking Boost as Wall Street Recovered From Tariff Tumult
Q2 earnings at JPMorgan Chase were better than expected, as a boost in dealmaking demonstrated how Wall Street recovered from the spring freeze.
Merrill Lynch Ordered to Pay $3.6 Million in Feeder Fund Misrepresentation Case
Merrill Lynch has been ordered to pay nearly $3.7 million in damages to two clients by a recent FINRA arbitration ruling.
