Omer Ismail, head of Goldman's consumer bank, Marcus, and a colleague, David Stark, will help lead the retailer's fintech startup as it muscles into the banking business.
As its wealthiest clients fly south, the wirehouse plans to double the number of teams catering to ultra-high-net-worth individuals in the Sunshine State over the next few years.
Duckett succeeds Roger Ferguson Jr., who had announced his plans to retire. She was most recently CEO of Chase Consumer Banking.
The agency's corporate finance group will focus on climate in their reviews of corporate filings, the regulator announced Wednesday.
The product will initially be distributed by four Black-owned banks, and JPMorgan will share the assets and fees generated with those banks.
Price pressures are expected to rise now that Covid-19 vaccines are being rolled out and given the prospect of more fiscal and monetary stimulus.
The activist investor reportedly is pushing Principal to focus more on its wealth management operations and less on the life insurance business.
At a Financial Services Committee hearing, House Democrats pressed the leaders of Robinhood and Citadel on whether they're profiting at the expense of retail investors
Keith Gill, a Massachusetts CFA and one of the influential voices pushing GameStop on social media, was hit by a lawsuit accusing him of misrepresenting himself as an amateur investor.
Ahead of a House hearing Thursday with the company's CEO, the Massachusetts senator accused Robinhood of having inadequate cash on hand to manage a trading surge.
