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Trump fined $364M in New York civil fraud trial
NEWS INDUSTRY NEWS FEB 16, 2024
Trump fined $364M in New York civil fraud trial

The former president was also banned from running any business in the state for three years.

Goldman CEO Solomon’s pay surges 24 percent to $31M
NEWS BROKER DEALERS FEB 16, 2024
Goldman CEO Solomon’s pay surges 24 percent to $31M

The board lifted the CEO's pay after the firm's profit tumbled last year.

Atlanta Fed president says rate cuts may not come for a while
NEWS INDUSTRY NEWS FEB 16, 2024
Atlanta Fed president says rate cuts may not come for a while

Raphael Bostic said Thursday that conditions remain uncertain.

Has a global investment bank banned the long weekend?
NEWS INDUSTRY NEWS FEB 16, 2024
Has a global investment bank banned the long weekend?

Not exactly, but four straight days at home are no longer allowed.

Is the worst over for office assets? CBRE thinks it might be
NEWS INDUSTRY NEWS FEB 16, 2024
Is the worst over for office assets? CBRE thinks it might be

The commercial real estate firm's CEO says return-to-office is boosting leasing.

Wells Fargo consent order for fake accounts ended by OCC
NEWS WIREHOUSES FEB 15, 2024
Wells Fargo consent order for fake accounts ended by OCC

While the consent order has been lifted, Wells Fargo still has a cap on its growth imposed by the Federal Reserve.

Closures of ESG ETFs pick up amid political backlash
INVESTING ESG FEB 15, 2024
Closures of ESG ETFs pick up amid political backlash

Thirty-six sustainable ETFs were liquidated in the Americas last year, more than double the prior year.

New York state pension fund selling holdings in Exxon, other energy companies
RETIREMENT RETIREMENT PLANNING FEB 15, 2024
New York state pension fund selling holdings in Exxon, other energy companies

The retirement fund says it plans to now focus on investments in utility companies and their efforts to shift away from fossil fuels.

Earnings help stocks advance in early trade Thursday
INVESTING EQUITIES FEB 15, 2024
Earnings help stocks advance in early trade Thursday

Big tech helped US market gain in previous session.

Citi hails private fund tokenization pilot as a success
YOUR PRACTICE FINTECH FEB 15, 2024
Citi hails private fund tokenization pilot as a success

The proof of concept could accelerate blockchain tech on Wall Street.