Global Shares, which will be integrated into the bank's asset and wealth management arm, has almost $200 billion in assets under administration and roughly 600 corporate clients.
Policy makers led by Chair Jerome Powell voted 8-1 to lift their key rate to a target range of 0.25% to 0.5%, the first increase since 2018.
Lee will stay at the watchdog until President Joe Biden names her successor and that person is confirmed by the Senate.
KraneShares CSI China Internet Fund slumped more than 11% Monday, bringing its decline over the past three days to 28%.
Charlie Scharf earned $24.5 million last year, up from $20.3 million for 2020.
Businesses and households have become increasingly concerned about avoiding 1970-style price shocks that crimp their spending power, which gives Fed Chair Jerome Powell the leeway to take a hawkish approach.
The firm's applications related to the DoubleLine Opportunistic Bond ETF and the DoubleLine Shiller CAPE U.S. Equities ETF have been granted 'effective immediately.'
Recession odds in-line with 20%-35% implied by yield curve due to soaring oil prices and fallout from war in Ukraine.
Every ETF focused on Russian stocks will soon be suspended, a kind of shutdown that never resulted from previous events like the Arab Spring or even Covid.
The majority of Pimco's swaps sit in its $140 billion Income fund, run by Chief Investment Officer Dan Ivascyn, alongside Alfred Murata and Joshua Anderson.
