Bank of America announced that starting January 5, its advisers at Private Bank, Merrill, and Merrill Edge will finally be able to recommend crypto ETPs to clients. Before this, advisers could only place orders if a client asked for it, and only wealthier clients had access to Bitcoin ETFs. Now, the bank is treating crypto the same way it treats other emerging assets, letting advisers talk openly about whether it makes sense in someone’s portfolio. This update reflects how quickly crypto has...

JPMorgan Chase appointed longtime executives Conor Hillery and Matthieu Wiltz as co-CEOs of EMEA, aiming to boost regional revenues 20% by 2030 while strengthening its investment banking leadership. Read more: