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Morgan Stanley veteran Sharma joins Rockefeller
YOUR PRACTICE PRACTICE MANAGEMENT FEB 10, 2022
Morgan Stanley veteran Sharma joins Rockefeller

The executive will serve as managing director and chairman of Rockefeller's international unit as the firm expands its services to the world's super-rich.

Wells Fargo sets March 14 return-to-office date after delays
YOUR PRACTICE PRACTICE MANAGEMENT FEB 10, 2022
Wells Fargo sets March 14 return-to-office date after delays

The bank is allowing some fully vaccinated staff to voluntarily return, as well as resume business meetings, travel, and client visits.

Half-point Fed hike in March is a coin flip after hot inflation
INVESTING MUTUAL FUNDS FEB 10, 2022
Half-point Fed hike in March is a coin flip after hot inflation

U.S. consumer prices jumped in January by more than expected, representing a bigger hit to Americans’ paychecks as inflation charges ahead at the fastest pace since 1982.

Harbor Capital eyes mutual fund conversions in major ETF push
INVESTING MUTUAL FUNDS FEB 09, 2022
Harbor Capital eyes mutual fund conversions in major ETF push

After launching its first ETFs in 2021, the Chicago-based firm wants to have as many as 12 by the end of the year.

Treasury official says the need for stablecoin legislation is ‘urgent’
INVESTING ALTERNATIVES FEB 08, 2022
Treasury official says the need for stablecoin legislation is ‘urgent’

Treasury's Liang says that firms offering the coins should face the heightened scrutiny that lenders receive under U.S. rules.

Billions flowing into cash-like ETFs ahead of Fed hike
INVESTING MUTUAL FUNDS FEB 08, 2022
Billions flowing into cash-like ETFs ahead of Fed hike

Traders are moving into exchange-traded funds focused on ultra-short instruments like Treasury bills, while offloading ETFs holding longer-dated debt.

The SEC wants to know your views on Bitcoin ETFs
INVESTING ALTERNATIVES FEB 07, 2022
The SEC wants to know your views on Bitcoin ETFs

The agency is asking the public to comment on recent applications for exchange-traded funds linked directly to the price of Bitcoin and whether such funds could be a vehicle for fraud.

Institutional investors back in charge of stock market as Fed awakens big money
INVESTING ALTERNATIVES FEB 07, 2022
Institutional investors back in charge of stock market as Fed awakens big money

Retail buying dwarfed by institutional selling in January as the value of daily trading rises faster than the number of shares.

BlackRock enters the TikTok sphere
YOUR PRACTICE FINTECH FEB 04, 2022
BlackRock enters the TikTok sphere

The world's most influential money manager is the latest financial giant to make an appeal to younger investors on the viral video platform.

Cryptocurrency giant launches push to become ‘world-class ETF issuer’
INVESTING ALTERNATIVES FEB 03, 2022
Cryptocurrency giant launches push to become ‘world-class ETF issuer’

Future of Finance ETF is designed to track companies that are 'actively building and advancing the digital economy.'