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New worry that ESG investing is bubble as bonds pass $1 trillion
INVESTING ESG OCT 07, 2020
New worry that ESG investing is bubble as bonds pass $1 trillion

Another $450 billion green bonds expected for 2021 but one strategist contends ESG a passing investment fad

Wells Fargo chops more than 700 commercial banking jobs
YOUR PRACTICE PRACTICE MANAGEMENT OCT 07, 2020
Wells Fargo chops more than 700 commercial banking jobs

The bank is embarking on workforce reductions that could ultimately number in the tens of thousands

Bets mount on steeper Treasury yield curve
INVESTING FIXED INCOME OCT 05, 2020
Bets mount on steeper Treasury yield curve

Steepener trades are often seen as bets on reflation; investors are also preparing for the possibility of bigger deficits if Democrats prevail in November

Fed approves Morgan Stanley acquisition of ETrade
NEWS REGULATION AND LEGISLATION OCT 01, 2020
Fed approves Morgan Stanley acquisition of ETrade

At the same time, Toronto-Dominion Bank’s acquisition of an ownership stake in the Charles Schwab Corp. was also approved

Schwab acquisition of TD to close Oct. 6
NEWS WIREHOUSES OCT 01, 2020
Schwab acquisition of TD to close Oct. 6

The Fed also signed off on Morgan Stanley's purchase of ETrade, which is expected to close Friday

JPMorgan pays $920 million to settle spoofing claims
NEWS REGULATION AND LEGISLATION SEP 29, 2020
JPMorgan pays $920 million to settle spoofing claims

Bank will pay the biggest monetary penalty ever imposed by the CFTC to settle claims it manipulated markets in metals futures and Treasuries

World needs better tools, data, standards for ESG investing
INVESTING ESG SEP 29, 2020
World needs better tools, data, standards for ESG investing

OECD reports inconsistencies could undermine confidence in market

Trump's tax returns show why he's a billionaire
RETIREMENT TAX SEP 29, 2020
Trump's tax returns show why he's a billionaire

The data in the New York Times story don’t necessarily show the president's business empire is heading into crisis, even if it’s carrying sizable debts

Gundlach asks realtors in low-tax states to get in touch
RETIREMENT TAX SEP 28, 2020
Gundlach asks realtors in low-tax states to get in touch

Doubleline Capital CEO tweets about possibly leaving his Los Angeles base amid 'incompetent governance'

Democratic sweep may be best scenario for risk markets: Credit Suisse
INVESTING EQUITIES SEP 28, 2020
Democratic sweep may be best scenario for risk markets: Credit Suisse

Such a scenario could lead to greater deficit spending that would be 'massively pro-growth,' analysts say