Both Chinese imports and exports have been affected by the large-scale shutdown of Chinese factories and businesses.

The $4.5 billion deal between Franklin Resources and Legg Mason will create a firm with a combined $1.5 trillion in assets.

The Fort Worth, Texas-based retailer is in talks with multiple potential buyers.

The proposed 1.5-million-sq.-ft. office tower requires zoning changes that would have to be approved by the city.

Current head of Wells Fargo's wealth unit Jon Weiss will move to the corporate and investment banking division, as part of a larger reorganization at the bank. The search for a replacement is under way.

Active managers aren’t doing themselves any favors with their picks.

The four largest national brokerages dropped advisor head count by over 1,000 brokers during the past year, according to the most recent round of earnings reports, as each tries to bring advisory services to new types of clients.

Former CEO John Stumpf agreed to a $17.5 million penalty and an industry ban.