Displaying 28521 results
SEC approves rule requiring hedge fund strategy disclosures
Funds will be required to share more information with regulators.
No bonus for weakest performers at global investment bank
Top dealers could get 10% while others are zeroed out.
Black Americans more optimistic, but still face financial challenges
Limra research reveals concerns around retirement, disability, and unexpected emergencies among Black adults.
Fidelity executive leadership undergoes another shakeup
CEO Abigail Johnson rotates top talent yet again on the back of the fund company's robust 2023 performance.
Bond trader who blew up Atlanta B-D found guilty in fraud case
'Somewhere in the firm's systems, a big, flashing red light should have gone off,' one attorney says.
T. Rowe Price appoints new leaders for intermediaries channel, retirement plan services
There are also new co-heads of USI Wealth Management.
Pricing climate risk is proving tricky for money managers
Lack of reliable data is a key reason for the challenge.
Bitcoin miners claim US ‘abuse of authority’ over energy data
The industry faces scrutiny over high use of energy to mine cryptocurrency.
KKR sees ‘trillions’ of retail investor dollars moving to alts
'Mass affluent individual investors historically have not had an easy way to access these types of products and strategies,' senior KKR executive says.
CFP Board lauds progress among Black financial planning professionals
Professional body for financial planners reflects on achievements and pledges continued support.
Embattled bank’s shares oscillate after it says deposits rose
The company has been under pressure since recent acquisitions triggered additional regulatory scrutiny.
Active ETF momentum among key themes in ‘vibrant’ transition of funds
Report highlights several trends underlying the continued strength of the ETF industry.
UBS has wasted no time in offering AT1 bonds
The bank announced its plans Tuesday and is already offering the notes.
Edward Jones paying for advisors’ high-level credentials
Change is afoot at the brokerage firm, which reportedly is reimbursing its advisors for the cost of certifications offered by the Investments & Wealth Institute.
UBS plans up to $1B in buybacks this year
The wirehouse posted its second straight quarterly loss, with pretax profit at the wealth management unit well below estimates.
Macquarie hires new head of wealth distribution amid brand consolidation
The asset manager is bringing all of its US wealth investment brands under one name.
Former Goldman Sachs senior leader takes new role at TPG
The asset manager sees significant opportunity in infrastructure and real assets.
Another central bank holds rates but warns hikes still possible
It's a further blow to expectations of a swift reduction in global interest rates.
Osaic CEO says ‘day of reckoning’ coming for RIA market
"Will there be more RIAs for sale than there are buyers at the trough?" Jamie Price asks.
BofA cuts CEO pay following 2023 profit decline
Bank reduces Brian Moynihan’s total compensation after its shares performed the worst among its biggest rivals.
