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70M could become digital nomads in the next few years
NEWS INDUSTRY NEWS SEP 27, 2023
70M could become digital nomads in the next few years

Digital nomad visas are expanding as countries vie for talent.

Morgan Stanley banker to retire after $850B in real estate deals
YOUR PRACTICE PRACTICE MANAGEMENT SEP 27, 2023
Morgan Stanley banker to retire after $850B in real estate deals

Guy Metcalf has been with the Wall Street firm for 33 years.

Billionaire plans $50M auction for rare 1982 Château Petrus
NEWS INDUSTRY NEWS SEP 27, 2023
Billionaire plans $50M auction for rare 1982 Château Petrus

"The market for the rarest and most exclusive bottles remains strong," says Sotheby's executive.

JPMorgan pays $75M to settle US Virgin Islands suit over Epstein ties
NEWS REGULATION AND LEGISLATION SEP 26, 2023
JPMorgan pays $75M to settle US Virgin Islands suit over Epstein ties

The firm also reached a confidential agreement with former executive Jes Staley.

Why government shutdown risk is good news for the greenback
INVESTING FIXED INCOME SEP 26, 2023
Why government shutdown risk is good news for the greenback

US dollar is gaining strength and some analysts expect it to go further.

Is private equity taking too many risks with debt structure?
NEWS INDUSTRY NEWS SEP 26, 2023
Is private equity taking too many risks with debt structure?

Some investors are concerned about industry and even financial system risk.

Curb biodiversity losses, $24T investors urge global firms
INVESTING ESG SEP 26, 2023
Curb biodiversity losses, $24T investors urge global firms

100 companies are in the sights of powerful alliance of investors.

UBS hires trading veteran for US execution hub
NEWS INDUSTRY NEWS SEP 26, 2023
UBS hires trading veteran for US execution hub

The unit helps asset managers and hedge funds outsource trading desks.

Morgan Stanley says luxury industry heading for downturn
NEWS INDUSTRY NEWS SEP 26, 2023
Morgan Stanley says luxury industry heading for downturn

Wall St. firm says demand for luxury items is set to slow.

All Schwab’s bond ETFs now cost just 3 basis points
INVESTING MUTUAL FUNDS SEP 25, 2023
All Schwab’s bond ETFs now cost just 3 basis points

The company is cutting fees on two fixed-income exchange-traded funds.