The leadership changes announced May 20 position a slate of potential successors to CEO James Gorman who are mostly white and male.
The announcement pared Bitcoin's rebound from Wednesday's rout, shaving about $3,000 from the token's price.
Thirteen years after the first green bond, some financial firms are now working on creating a market for green stocks that meet measurable climate metrics.
Andy Saperstein, head of wealth management, was named co-president along with Ted Pick, head of trading, as Gorman positions a small group as his most likely successors.
Over the next three years, the positions are expected to be eliminated in Switzerland alone, with the bulk at the corporate cost center and about 200 between wealth management and the bank’s Swiss unit for personal and corporate banking.
The filing will give potential investors their first comprehensive look at Robinhood's financials and the risks associated with the stock.
As Bitcoin and other cryptocurrencies plunge, new entrants to the market are especially running for the exits.
The U.S. is seeing a supercharged federal budget combine with a lax monetary policy posture, just as in the 1960s, when the combination led to the start of a years-long climb in inflation.
Its plan to bring employees back to the office will probably be watched closely by major financial firms, which may adjust their plans depending on how it goes.
The record-breaking boom in clean energy funds is rapidly giving way to a bust; since the beginning of May, about $154 million has been pulled from clean energy ETFs.
