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Nir Kaissar: BlackRock muddies the social-investing waters
NEWS OPINION JAN 16, 2020
Nir Kaissar: BlackRock muddies the social-investing waters

The giant money manager is taking a misguided approach to climate change

Schwab’s zero-fee plan pushes assets to record $4 trillion
NEWS INDUSTRY NEWS JAN 16, 2020
Schwab’s zero-fee plan pushes assets to record $4 trillion

Eliminating trading fees pushed client assets to a record as the firm faced a decline in trading revenue

Peter R. Orszag: Retirement savings get a boost when employers add 401(k) match
RETIREMENT RETIREMENT PLANNING JAN 15, 2020
Peter R. Orszag: Retirement savings get a boost when employers add 401(k) match

Research shows that when employers match 401(k) plan contributions, more people participate

Goldman Sachs issues its first wealth management revenue total
NEWS BROKER DEALERS JAN 15, 2020
Goldman Sachs issues its first wealth management revenue total

At $4.4 billion, its financial advice business is small compared to brokerage giants

BlackRock puts climate at center of $7 trillion strategy
INVESTING ESG JAN 14, 2020
BlackRock puts climate at center of $7 trillion strategy

Changes outlined in CEO Larry Fink's annual letter include doubling BlackRock's lineup of sustainable ETFs

Why now is the time to sell family businesses
RETIREMENT RETIREMENT PLANNING JAN 14, 2020
Why now is the time to sell family businesses

Unload firms before the economy or politics take a turn

UBS plans Miami office to work with Latin American firms
NEWS WIREHOUSES JAN 13, 2020
UBS plans Miami office to work with Latin American firms

The Swiss bank is targeting billions of dollars managed by Latin American intermediaries booking assets in the U.S.

Wall Street targets Silicon Valley rich
NEWS BROKER DEALERS JAN 13, 2020
Wall Street targets Silicon Valley rich

Citi, Bank of America and Morgan Stanley are among the firms beefing up their wealth management efforts in Northern California

Wells Fargo owes $103 million in second mobile banking case vs. USAA
YOUR PRACTICE PRACTICE MANAGEMENT JAN 13, 2020
Wells Fargo owes $103 million in second mobile banking case vs. USAA

Jury found Wells Fargo infringed on USAA patents, similar to findings in a November verdict

BlackRock joins $41 trillion climate campaign
INVESTING ESG JAN 10, 2020
BlackRock joins $41 trillion climate campaign

The addition of the world's largest fund manager is a plus for Climate Action 100+ and its campaign of pressuring corporate polluters