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Hedge funds take Magnificent Seven exposure to record high

Tech mega-caps account for more than 20% of funds' US stock exposure.

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BlackRock’s $20 Billion ETF becomes world’s biggest bitcoin fund

The firm's offering has nudged ahead of Grayscale.

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Cathie Wood’s $60 Million venture fund backs Elon Musk’s AI firm

Ark Venture Fund has also invested in OpenAI recently.

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Merrill data bungle hits Walmart 401(k) plan

'We're hearing more horror stories' about clients becoming targets after a data breach, one attorney says.

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From Superbowl stardom to wealth management boardroom

Bennie Fowler, who won Super Bowl 50 with the Denver Broncos, reflects on his new career as Caprock’s director of strategic relationships.

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“Fearless” singer Taylor Swift joins billionaires’ club on prestigious women’s rich list

America’s wealthiest self-made women saw their collective net worths soar past $20B, with 11 new members on the list.

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Global financial advisory market expected to be close to $262B by 2028

New report predicts stronger annualized growth of 5%.

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Wall Street braces for challenging first day of T+1 settlements

It's been a century since the US stock market was this fast.

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Stocks gain as inflation data is in focus

Stats and central bank speakers take center stage this week.

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Fed should better explain decisions, says Cleveland president

Loretta Mester says people should be helped to understand policy.

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Bitcoin slips in wake of failed $9B crypto exchange

Administrators are dealing with the collapse of the Mt. Gox exchange.

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Trump presidency would be worse for US debt, bond market than Biden, says Bill Gross

The famed bond king has weighed in, saying Donald Trump’s “more disruptive” tax and fiscal policies would aggravate the budget deficit.

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Citi, HSBC, Barclays amp up back-to-office pressure

The banks are pushing more staff to report for in-person work as Finra shifts its rules around workplace monitoring.

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Starwood latest nontraded REIT with concerns

Nontraded REITs are facing hurdles, higher interest rates, headlines about half-empty office buildings, and investors pulling their money from products.

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Raymond James unveils new CFO in C-suite shakeup

The broker-dealer giant has revealed new details of leadership changes as part of its long-term succession strategy.

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Why HR managers could open the door to new business for advisors

There’s rarely been a better time for financial advisors to work with employers to provide support to the…

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JPMorgan to pay $100M for client order monitoring fails: CFTC

Firm did not monitor of billions of client orders over 7-year period.

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SEC gives exchanges greenlight to list Ether ETFs

The next step is approval for individual fund managers.

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BofA strategist says sell signal is getting closer

Michael Hartnett believes global equities rally is unsustainable.

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How global trade is undergoing combative transformation

US, China, Europe are battling for their interests in new trade era.