Bloomberg

Bloomberg
Displaying 12834 results
UBS in talks with former executive Naratil about possible return
YOUR PRACTICE PRACTICE MANAGEMENT APR 14, 2023
UBS in talks with former executive Naratil about possible return

Naratil left the bank just six months ago after holding a number of senior positions in almost four decades at UBS, including president of UBS Americas, co-head of wealth management and CFO.

DOJ cites antitrust concerns over SEC trading-execution reforms
NEWS REGULATION AND LEGISLATION APR 13, 2023
DOJ cites antitrust concerns over SEC trading-execution reforms

The Justice Department's antitrust division asked the SEC to consider potential impacts of its proposals, including whether smaller pricing increments could increase competition between exchanges and wholesalers, and whether that might affect brokers' willingness to route orders to wholesalers.

Yield on I bonds set to plunge below 4%
INVESTING FIXED INCOME APR 13, 2023
Yield on I bonds set to plunge below 4%

Inflation-linked I bonds have soared in popularity over the past two years, but now the yield is set to slump from the historic 9.62% rate the bonds offered just a few months ago.

Six biggest banks on Wall Street failing key ESG test, study says
INVESTING ESG APR 12, 2023
Six biggest banks on Wall Street failing key ESG test, study says

JPMorgan, Bank of America, Citigroup are listed as falling short in an analysis by Ceres and the Transition Pathways Initiative.

Credit Suisse deal will make UBS a wealth management 'powerhouse': JPMorgan
NEWS WIREHOUSES APR 11, 2023
Credit Suisse deal will make UBS a wealth management 'powerhouse': JPMorgan

The price UBS paid for its Swiss rival is 'attractive' even after factoring in potential losses on Credit Suisse assets, litigation costs and restructuring expenses, according to a report by JPMorgan analysts.

Harvard hockey star exits family office of Fidelity dynasty
YOUR PRACTICE PRACTICE MANAGEMENT APR 11, 2023
Harvard hockey star exits family office of Fidelity dynasty

Lane MacDonald had been chief investment officer of FMR’s diversified investments group.

Parents tap retirement savings to support adult children
RETIREMENT RETIREMENT PLANNING APR 11, 2023
Parents tap retirement savings to support adult children

Nearly 70% of parents with children 18 or older say they've sacrificed their own finances to help them, according to a Bankrate report.

Uncertainty about student loan forgiveness complicates use of 401(k) provision
RETIREMENT RETIREMENT PLANNING APR 06, 2023
Uncertainty about student loan forgiveness complicates use of 401(k) provision

Many employers are wary of implementing a SECURE 2.0 program that lets them apply matching contributions to student loan repayments in 401(k) plans.

BlackRock to offer two buffer ETFs that aim to limit investors' losses
INVESTING ETFS APR 03, 2023
BlackRock to offer two buffer ETFs that aim to limit investors' losses

The two funds would both track the returns of the iShares Core S&P 500 ETF, using options to try to reduce potential fluctuations in investors' returns.

Blackstone’s BREIT sees $4.5 billion of withdrawal requests in March
INVESTING ALTERNATIVES APR 03, 2023
Blackstone’s BREIT sees $4.5 billion of withdrawal requests in March

The real estate trust, which has limited redemptions for a fifth straight month, had already hit 2% monthly limits in January and February.