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Industry News

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Topic

Sharp rise for oil as Middle East tension escalates

WTI up 3% this week amid trading volatility.

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How the other half live: Bezos buys neighbor’s $79M mansion

Amazon chief gets a 7% discount on 'Billionaire's Bunker' home.

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Allworth Financial names new CEO

John Bunch’s resume includes stints at Edelman Financial Engines, The Mutual Fund Store, TD Ameritrade and Charles Schwab.

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Be named one of the industry’s Top Advisors

Don’t miss the chance to be part of InvestmentNews’ first-ever showcase of Top Advisors.

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Encouraging more Hispanic advisors: Insights from a $1B firm founder

What can the investment and wealth management industry do to boost diversity?

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Wall Street signals profit slump may be over, boosts forecasts

Easing inflation is driving expectation of positive earnings.

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Fed’s Collins says rates may have peaked or are close

But that does not completely rule out further rate hikes.

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Still no end to banking deals drought, says Barclays

It's one of the factors weakening industry's earnings outlook.

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Hillhouse pitches $1B Asia private credit fund to investors

The private credit market in the region is small but growing.

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How can advisors better serve America’s youngest adults?

Edward Jones study finds those aged 18-34 are struggling but optimistic.

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BMO Capital Markets announces new CEO as Dan Barclay retires

The group will have a new leader at the start of next month.

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IMF says US Treasuries dynamic is ‘very unfavorable’

It says US fiscal path is unsustainable and forecasts ongoing debt growth.

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Can earnings continue to resist impact of rate hikes?

As Q3 earnings season begins, questions will be asked.

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EM stocks tumble to lowest level since 1987

Developing nation equities have suffered significant pullbacks from investors.

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Americans saved hundreds of billions more than previously thought

The fact that households are in better shape financially could make a recession less likely.

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Philanthropist Chuck Feeney dies aged 92, with $8B ‘giving while living’ legacy

The entrepreneur was the ultimate example of using wealth to do good.

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Stratos Wealth aims to boost national reach with new executive hire

The firm has hired a former MassMutual and MetLife business development specialist.

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Stocks gain after Fed’s ‘change of tone’

But UBS says fixed income is a better bet than equities right now.

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IMF, World Bank meetings begin but what’s on the agenda?

The masters of the world's money have plenty to talk about.

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Conflict in Middle East adds new concern for EM investors

The Hamas attack on Israel has compounded concerns about developing nations investments.