Bloomberg

Bloomberg
Displaying 12873 results
Wells Fargo shakeup receives mixed reaction from Wall Street
NEWS INDUSTRY NEWS MAR 29, 2019
Wells Fargo shakeup receives mixed reaction from Wall Street

Here's what analysts are saying.

Steward Partners adds two advisers, $212 million in assets
NEWS INDUSTRY NEWS MAR 29, 2019
Steward Partners adds two advisers, $212 million in assets

Nick Fiegoli joins New York office; Dennis Reynolds in Paramus, N.J.

JPMorgan reportedly cutting hundreds of jobs in asset, wealth unit
YOUR PRACTICE PRACTICE MANAGEMENT MAR 28, 2019
JPMorgan reportedly cutting hundreds of jobs in asset, wealth unit

The bank employed nearly 24,000 people in asset and wealth management at the end of last year, 4% more than in 2017.

Female bankers take lead as financial companies target China's wealthiest
NEWS INDUSTRY NEWS MAR 28, 2019
Female bankers take lead as financial companies target China's wealthiest

Clients and banks say women bankers have the skills required by high-net worth clients

Schwab wants investing to be subscription-based
YOUR PRACTICE FINTECH MAR 28, 2019
Schwab wants investing to be subscription-based

Firm is switching to a subscription-based financial planning option for its robo-adviser service.

Wells Fargo CEO Tim Sloan steps down
YOUR PRACTICE PRACTICE MANAGEMENT MAR 28, 2019
Wells Fargo CEO Tim Sloan steps down

Allen Parker, the bank's general counsel, will serve as interim CEO.

The future of advice is hiding in plain sight
YOUR PRACTICE FINTECH MAR 28, 2019
The future of advice is hiding in plain sight

What are the industry's biggest dysfunction and its biggest opportunity? What business model is most likely to succeed, and what operational trend is most important?

Vanguard poised to top BlackRock in first-quarter U.S. ETF flows
INVESTING ETFS MAR 27, 2019
Vanguard poised to top BlackRock in first-quarter U.S. ETF flows

Vanguard's exchange-traded funds have taken in $17 billion so far this year, while BlackRock has gathered $14 billion.

Half of Americans approaching retirement have nothing saved
RETIREMENT RETIREMENT PLANNING MAR 27, 2019
Half of Americans approaching retirement have nothing saved

GAO report reveals 48% have nothing put away in 401(k)s or individual retirement accounts.

Supreme Court backs SEC, rules against investment banker
NEWS REGULATION AND LEGISLATION MAR 27, 2019
Supreme Court backs SEC, rules against investment banker

Banker held liable for taking part in scheme to defraud investors.