Bloomberg

Bloomberg
Displaying 12869 results
Madoff asks for early release, claiming he’s terminally ill
NEWS REGULATION AND LEGISLATION FEB 06, 2020
Madoff asks for early release, claiming he’s terminally ill

The 81-year-old fraudster has asked to be released after serving just 10 years of his 150-year prison sentence

State Street tells companies ESG moves no longer optional
INVESTING ESG JAN 29, 2020
State Street tells companies ESG moves no longer optional

The asset manager says it is prepared to take voting action at companies in major stock indexes that are underperforming their peers on environmental, social and governance issues

Americans to inherit $764 billion this year, mostly tax-free
RETIREMENT RETIREMENT PLANNING JAN 28, 2020
Americans to inherit $764 billion this year, mostly tax-free

But that could change under a new proposal that would scrap the current system, which taxes estates, and instead require heirs to pay income tax on the money they receive

Asset managers lock horns over potential $7 trillion opportunity
INVESTING ETFS JAN 27, 2020
Asset managers lock horns over potential $7 trillion opportunity

Big fund companies are competing to promote a new type of actively managed ETF

Wells Fargo regulator punishes leaders who created culture of fear
NEWS WIREHOUSES JAN 24, 2020
Wells Fargo regulator punishes leaders who created culture of fear

The Office of the Comptroller of the Currency's complaint against the bank documents the sales abuses that pervaded Wells' nationwide branch network

Men rule the world, but not here
YOUR PRACTICE WOMEN ADVISOR COMMUNITY JAN 24, 2020
Men rule the world, but not here

Fast-growing arena of ESG is having its moment and the experts are mostly women

Ex-Wells Fargo leaders face $59 million in fines over scandals
NEWS REGULATION AND LEGISLATION JAN 23, 2020
Ex-Wells Fargo leaders face $59 million in fines over scandals

Former CEO John Stumpf agreed to a $17.5 million penalty and an industry ban

Wells Fargo's main regulator aims to punish former managers
NEWS WIREHOUSES JAN 23, 2020
Wells Fargo's main regulator aims to punish former managers

The OCC is preparing civil charges against as many as 10 people but may reach settlements with some of them

Index fund giants draw antitrust scrutiny in U.S. merger reviews
NEWS INDUSTRY NEWS JAN 23, 2020
Index fund giants draw antitrust scrutiny in U.S. merger reviews

U.S. antitrust officials have begun asking companies about communications with their biggest shareholders as part of merger investigations

SEC Commissioner leaving next month
YOUR PRACTICE PRACTICE MANAGEMENT JAN 16, 2020
SEC Commissioner leaving next month

Robert Jackson Jr. to return to teaching at NYU Law School