Bloomberg

Bloomberg
Displaying 12839 results
SEC crypto team getting 20 more officials in bid to crack down
INVESTING ALTERNATIVES MAY 03, 2022
SEC crypto team getting 20 more officials in bid to crack down

The additions will bring the agency's Crypto Assets and Cyber Unit to 50 people.

Vanguard clients decry tax debacle
RETIREMENT RETIREMENT PLANNING MAY 02, 2022
Vanguard clients decry tax debacle

Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.

Popular retirement funds suffer as tech stocks plunge
RETIREMENT RETIREMENT PLANNING APR 30, 2022
Popular retirement funds suffer as tech stocks plunge

Many growth-oriented stock funds offered in 401(k) plans are down more than 10% so far this year.

Billion-dollar adviser accuses JPMorgan of misogyny
NEWS REGULATION AND LEGISLATION APR 29, 2022
Billion-dollar adviser accuses JPMorgan of misogyny

Gwen Campbell says in a complaint filed with the EEOC that she was subjected to 'name-calling' and 'sexist decrees' when she joined JPMorgan in 2020.

Pimco's Kiesel who called housing top and bottom says it's time to sell
NEWS INDUSTRY NEWS APR 29, 2022
Pimco's Kiesel who called housing top and bottom says it's time to sell

The bond manager says sky-high values, soaring interest rates and other costs of homeownership dampen prospects for future appreciation.

Crypto bill in House would limit SEC's jurisdiction over exchanges
INVESTING ALTERNATIVES APR 28, 2022
Crypto bill in House would limit SEC's jurisdiction over exchanges

The measure sponsored by a bipartisan group of representatives would bring exchanges that offer digital assets like Bitcoin directly under the purview of the Commodity Futures Trading Commission.

Former Merrill adviser assigned to rehabilitation after racist rant
NEWS WIREHOUSES APR 28, 2022
Former Merrill adviser assigned to rehabilitation after racist rant

James Iannazzo, who lost his job at Merrill after a tirade at a smoothie shop, will have the charges against him dismissed after a year under supervision.

Global bonds set for worst ever month before burst of rate hikes
INVESTING FIXED INCOME APR 28, 2022
Global bonds set for worst ever month before burst of rate hikes

Fears of quickening inflation, a cut in Russian gas supply to Poland and Bulgaria and a red-hot Australian inflation print fueling expectations that the rout may continue.

Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs
YOUR PRACTICE PRACTICE MANAGEMENT APR 27, 2022
Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs

The online brokerage, which has racked up more than $2 billion of losses since its IPO, had about 3,800 employees at the end of last year.

Archegos founder Bill Hwang hit with criminal charges
NEWS REGULATION AND LEGISLATION APR 27, 2022
Archegos founder Bill Hwang hit with criminal charges

Hwang and CFO Patrick Halligan were arrested early Wednesday and charged with fraud.