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Elizabeth Warren grills Bitcoin miner on climate
INVESTING ALTERNATIVES DEC 03, 2021
Elizabeth Warren grills Bitcoin miner on climate

The Massachusetts senator is asking Greenidge Generation how its Bitcoin mining operations will affect climate change and the local environment.

State Street cuts fees to grab more bond ETF flows
INVESTING MUTUAL FUNDS DEC 02, 2021
State Street cuts fees to grab more bond ETF flows

The asset manager lowered the expense ratios on three corporate bond exchange-traded funds to 0.04% from 0.07%.

Fidelity heads to Canada with Bitcoin ETF
INVESTING ALTERNATIVES DEC 01, 2021
Fidelity heads to Canada with Bitcoin ETF

Since U.S. regulators are balking at approving funds that invest directly in Bitcoin, Fidelity will launch the Fidelity Advantage Bitcoin ETF in Canada.

ESG market controlled by a few big investors
INVESTING ESG DEC 01, 2021
ESG market controlled by a few big investors

About $120 billion has flowed into ESG exchange-traded funds in 2021, but just a handful of institutional investors control a large part of the market.

Inflation ETF pioneer says investors need more interest-rate risk
INVESTING FIXED INCOME NOV 30, 2021
Inflation ETF pioneer says investors need more interest-rate risk

Nancy Davis has made a splash with IVOL, an actively managed exchange-traded fund that lets investors bet on inflation and interest-rate volatility.

When a hacker calls: How Robinhood fell victim to a vishing scam
YOUR PRACTICE FINTECH NOV 29, 2021
When a hacker calls: How Robinhood fell victim to a vishing scam

The hack raises new questions about Robinhood’s efforts to ensure that its millions of customers get the support and help they need to invest safely.

Goldman Sachs adds employee benefits to fight burnout
RETIREMENT RETIREMENT PLANNING NOV 29, 2021
Goldman Sachs adds employee benefits to fight burnout

The firm is boosting its matching contributions to retirement accounts for U.S. workers and eliminating the one-year waiting period for contributions for new joiners.

El-Erian says Fed should recognize inflation isn't transitory
NEWS REGULATION AND LEGISLATION NOV 29, 2021
El-Erian says Fed should recognize inflation isn't transitory

Allianz's chief economic adviser suggests the central bank 'ease your foot off the accelerator starting now.'

Wall Street's $22 trillion carbon time bomb
NEWS INDUSTRY NEWS NOV 24, 2021
Wall Street's $22 trillion carbon time bomb

According to Moody's, financial institutions in the Group of 20 nations have $22 trillion of exposure to carbon-intensive industries, equal to roughly 20% of their total loans and investments.

JPMorgan has $20 billion at stake as Dimon jokes about China
NEWS INDUSTRY NEWS NOV 24, 2021
JPMorgan has $20 billion at stake as Dimon jokes about China

The CEO issued a statement Wednesday saying he regretted his quip that JPMorgan is likely to outlast China's Communist Party. The bank has ambitions to expand further in China.