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When will the Fed start cutting rates? Wall Street titans disagree
NEWS INDUSTRY NEWS NOV 13, 2023
When will the Fed start cutting rates? Wall Street titans disagree

Morgan Stanley and Goldman Sachs have different views of what's ahead.

Dudley warns US fiscal position is on an 'unsustainable trajectory'
NEWS INDUSTRY NEWS NOV 13, 2023
Dudley warns US fiscal position is on an 'unsustainable trajectory'

The former New York Fed president says the outlook isn't good.

US assets set to outperform in 2024, says Morgan Stanley
NEWS INDUSTRY NEWS NOV 13, 2023
US assets set to outperform in 2024, says Morgan Stanley

Stocks and bonds will do better than EM peers but expect a dip first.

Cyber 'catastrophe bonds' could be heading to public debt markets
NEWS INDUSTRY NEWS NOV 13, 2023
Cyber 'catastrophe bonds' could be heading to public debt markets

Investments typically associated with natural disasters are increasingly available to mitigate cyber-risk costs.

Giant bank goes old school as hack bites
NEWS FINTECH NOV 10, 2023
Giant bank goes old school as hack bites

Regulators, governments try to assess fallout as suspected Russian cyberattack creates mayhem.

Consumers lean on unsecured debt as cost of living bites, reports TransUnion
NEWS INDUSTRY NEWS NOV 10, 2023
Consumers lean on unsecured debt as cost of living bites, reports TransUnion

Bank card and personal loan balances rise 15% while mortgage originations tumble.

Emigrant Partners plans for growth with strategic hires, team expansions
NEWS INDUSTRY NEWS NOV 10, 2023
Emigrant Partners plans for growth with strategic hires, team expansions

The firm works with wealth and asset managers with a collective $96B AUM.

JPMorgan's $290M for Epstein victims sends a signal to the industry
NEWS INDUSTRY NEWS NOV 10, 2023
JPMorgan's $290M for Epstein victims sends a signal to the industry

Federal court judge approves substantial payout and says the industry must take responsibility.

Pimco's $10B inflows was shining light in Allianz earnings
NEWS INDUSTRY NEWS NOV 10, 2023
Pimco's $10B inflows was shining light in Allianz earnings

The bond management business helped offset losses in the global firm’s insurance operations.

Can US, China reach climate agreements ahead of COP 28?
NEWS INDUSTRY NEWS NOV 10, 2023
Can US, China reach climate agreements ahead of COP 28?

A meeting in California aimed to find some common ground.

Goldman Sachs eyes Middle East growth with Credit Suisse hires
NEWS INDUSTRY NEWS NOV 10, 2023
Goldman Sachs eyes Middle East growth with Credit Suisse hires

Wall Street firm sees opportunity as region's ultra-wealthy population rises.

Advisors dig into the great commodity question
NEWS INDUSTRY NEWS NOV 09, 2023
Advisors dig into the great commodity question

'Investors interested in long-term exposure to a commodity may be better served investing in the equities of companies with exposure to the commodity,' one advisor says.

Fed pushes Morgan Stanley to tighten wealth management controls
NEWS WIREHOUSES NOV 09, 2023
Fed pushes Morgan Stanley to tighten wealth management controls

The regulator wants to ensure enough is being done to prevent money laundering by international clients.

Holiday spending set to fall in US, 27 other countries
NEWS INDUSTRY NEWS NOV 09, 2023
Holiday spending set to fall in US, 27 other countries

Cost-of-living budget squeeze is bad news for retail and hospitality sectors.

InvestmentNews Women to Watch winners work to make an impact
NEWS WOMEN ADVISOR COMMUNITY NOV 08, 2023
InvestmentNews Women to Watch winners work to make an impact

'There are so many people who pushed me when I needed a nudge and pulled me up when I needed a hand,' says Kay Lynn Mayhue.

Women to Watch 2023 winners announced
NEWS WOMEN ADVISOR COMMUNITY NOV 08, 2023
Women to Watch 2023 winners announced

InvestmentNews honored the best in class at a ceremony in New York City.

Hightower adds $2.5B high-net-worth focused firm to its list of 2023 acquisitions
NEWS ADVISOR MOVES NOV 08, 2023
Hightower adds $2.5B high-net-worth focused firm to its list of 2023 acquisitions

The wealth manager has announced a strategic investment in the Florida RIA firm.

Gen Z is smashing the taboo of talking to their parents about money matters
NEWS INDUSTRY NEWS NOV 08, 2023
Gen Z is smashing the taboo of talking to their parents about money matters

Northwestern Mutual study finds young Americans are having financial talks earlier.

Stocks lower ahead of Fed Chair Powell's speech
NEWS INDUSTRY NEWS NOV 08, 2023
Stocks lower ahead of Fed Chair Powell's speech

Fed chair is set to speak at 9.15 a.m. ET, with other officials also scheduled.

Why BlackRock is staying overweight megacap tech stocks
NEWS INDUSTRY NEWS NOV 08, 2023
Why BlackRock is staying overweight megacap tech stocks

Asset manager has $100B tracking the biggest names in technology in its model portfolios.