The wirehouse reported strong results, but also disclosed a significant hit from trading losses after the implosion of the family office and hedge fund Archegos Capital Management.
The actively managed fund is expected to be available as soon as this summer, and NYDIG will be the custody provider.
Big banks' finance work involving environmental, social and governance projects saves them a lot on taxes.
At international summit, President Joe Biden says US will double climate assistance to developing countries and cut 50% of domestic emissions by 2030.
After 12-month returns in the triple digits, investors got a wake-up call when ESG funds came crashing back down to earth.
Rep. Patrick McHenry, R-N.C., accuses Democrats of trying to 'cater to the far left.' Democrats say ESG, diversity data is crucial.
The bank's analysts credit the global pandemic with stirring investor demand for companies doing good, and also cite the frenzy for tech-focused thematic funds, many of which fall within the environmental, social and governance category.
Republican lawmakers in the House tell the new SEC chairman to avoid ‘mission creep’ in the agency's oversight of environmental, social and governance disclosures.
The measure, written by Democratic lawmakers, will have a hard time finding Republican votes. But it does send a signal of support to the SEC for tougher ESG oversight.
The cryptocurrency fell by as much as 15% Sunday, after hitting a record high of more than $64,000 last week, and rival coins like Ether and XRP also plunged.
Bitcoin hit a record of more than $64,000 as Coinbase Global Inc., the largest U.S. cryptocurrency exchange, went public last week. Advisers and Wall Street have reached an inflection point when it comes to cryptocurrencies.
Even for the earliest proponents of sustainability, the sudden spike in ESG investing popularity is surprising, but satisfying.
His slim Senate confirmation margin reflects GOP concerns about the aggressive approach Gensler has signaled on issues like expanding corporate disclosures related to environmental, social and governance factors.
Democracy is a systemic issue that's difficult to link to a particular company. But firms take hits by jumping into fights over specific bills.
Mill Road Capital is applying a 'progressive private equity' strategy in its latest fund.
ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency.
The agency’s role is not to determine whether any particular strategy is a good one, but to ensure investors know what they are getting, according to Securities and Exchange Commission member Hester Peirce.
Matt Patsky runs Trillium and its biggest fund with an eye on delivering for investors, while also fostering a belief in his responsiblity to make the world a better place.
Huber Capital Management borrows a page from the exchange-traded fund industry to protect mutual fund investors from taxes.
The risk alert is the latest step the SEC has taken to emphasize ESG oversight. In recent weeks, it has formed an enforcement task force and released a request for public comment on ESG and climate-risk disclosures.
