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Wall Street adopts new defense against attacks on ESG
INVESTING ESG JAN 19, 2024
Wall Street adopts new defense against attacks on ESG

Climate alliances are changing their language to counter GOP allegations that climate alliances represent a form of collusion that warrants antitrust lawsuits.

Blackstone CEO says 'animal spirits' are returning to markets
NEWS INDUSTRY NEWS JAN 19, 2024
Blackstone CEO says 'animal spirits' are returning to markets

Steve Schwarzman says expectations of Fed rate cuts are enticing investors.

Almost 74,000 to benefit as Biden cancels $5B student debt
NEWS INDUSTRY NEWS JAN 19, 2024
Almost 74,000 to benefit as Biden cancels $5B student debt

Public servants make up the bulk of beneficiaries.

JPMorgan's Jamie Dimon is getting a hefty pay rise
NEWS BROKER DEALERS JAN 19, 2024
JPMorgan's Jamie Dimon is getting a hefty pay rise

CEO to benefit from 5% increase amid firm's strong profits.

How one emerging-market money manager is beating 99% of his peers
NEWS INDUSTRY NEWS JAN 19, 2024
How one emerging-market money manager is beating 99% of his peers

Looking beyond the Fed is paying off for Canadian fund manager.

Stocks drop, bonds rise as Fed rate bets ease
NEWS INDUSTRY NEWS JAN 18, 2024
Stocks drop, bonds rise as Fed rate bets ease

Strong US economy could keep policymakers on the sidelines.

Multibillionaire Thomson eyes greater slice of fintech industry
YOUR PRACTICE FINTECH JAN 18, 2024
Multibillionaire Thomson eyes greater slice of fintech industry

The venture capital firm of one of the members of the world’s 10th richest family is seeking investments.

JPMorgan warns of increased hacker threats
NEWS INDUSTRY NEWS JAN 18, 2024
JPMorgan warns of increased hacker threats

The firm has seen an increase in hackers targeting its systems.

RBC chief eyes 'significant opportunities' in US capital markets
NEWS BROKER DEALERS JAN 18, 2024
RBC chief eyes 'significant opportunities' in US capital markets

Canadian bank's CEO aims to expand the firm’s share of the market.

Schwab saw decline in net new assets in Q4
NEWS BROKER DEALERS JAN 17, 2024
Schwab saw decline in net new assets in Q4

'No one at Schwab is kidding themselves that everything is perfect right now,' says CEO Walt Bettinger.