Chief Executive Officer David Solomon has said he’s dialing back the firm’s ambitions for consumer banking.
Bankman-Fried, who was arrested Monday in the Bahamas, also concealed risks and FTX's relationship with his trading firm, Alameda Research, the agency says.
The money manager is asking shareholders to sign off on a proposal to let 13 of its growth funds exceed limits on the size of their stakes in individual stocks.
Firms have brought 422 new ETFs to market so far this year, putting them on track to surpass last year's record.
Microsoft is largely considered a corporate leader on climate action but currently has no ready-made sustainable investing retirement option.
The brokerage platform has launched Robinhood Retirement, which lets users open IRAs on its platform and matches 1% of their contributions.
The asset manager said it is withdrawing from the Net Zero Asset Managers initiative in a move to maintain the freedom not to restrict its investment options.
Report says the asset managers are using their stakes in public companies to cast proxy votes that favor a ‘liberal political agenda.’
As the U.S. braces for a recession, Morgan Stanley is reducing its global head count.
The firm's announcement that it will limit redemptions from the fund sent its stock falling as much as 10%.
