SEC lifts hiring freeze, lowers pay raises
Current employees will be getting pay increases averaging 2.4%, which smaller boost than previous years
Saudi Arabia global ranking boosted by ETFs in US, UK
ETFs based in London and New York together attracted around $327 million in new money since January.
Wells Fargo adds low productivity to a long list of challenges
Damage from scandals is forcing bank to develop new ways to motivate staff while spending more on compliance.
Debit card to add ‘stock-back’ rewards
With a Stash card, buying something from Amazon or paying your Netflix bill will earn you fractions of shares of those companies' stocks.
UBS escalates its pursuit of rich Americans with staff promotions
Bank names 96 managing directors in Americas, including 60 financial advisers, as it targets more billionaire clients.
Robert J. Moore bids farewell to the advice industry as he steps down as Cetera CEO
In a letter, he warns of an overemphasis on short-term performance and inertia toward the status quo.
Wall Street levy gains steam among Democrats
While legislation proposing a financial transaction tax has been introduced in the House and Senate, it's not likely to be enacted during the Trump administration.
Vanguard to end its small cash-management service
Bank-like program was being used by just 2% of eligible customers.
Adviser helped United Way revamp its financial literacy tools
New focus on the emotions behind financial decisions.
SALT cap will affect nearly 10.9 million people
Treasury inspector general estimates those taxpayers have a total of $323 billion in state and local tax bills they won't be able to deduct.