News

Displaying 41706 results
LPL extends Florida presence with former Synovus advisor
BROKER DEALERS OCT 14, 2024
LPL extends Florida presence with former Synovus advisor

The wealth giant's latest addition is joining the firm's Miami operation through an existing affiliate.

IRS announces relief for taxpayers hit by Helene and Milton
TAX OCT 14, 2024
IRS announces relief for taxpayers hit by Helene and Milton

Those impacted by the devastating hurricanes may be eligible for extensions, special deductions and other forms of assistance.

B. Riley said to have agreed sale of business unit
INDUSTRY NEWS OCT 14, 2024
B. Riley said to have agreed sale of business unit

Financial services firm has been looking at options to reduce debt.

Inflation remains a key risk and consumers still say it’s their biggest challenge
INDUSTRY NEWS OCT 14, 2024
Inflation remains a key risk and consumers still say it’s their biggest challenge

Middle income personal finances continue to be under pressure.

US futures drift as earnings season is set to test bull market
INDUSTRY NEWS OCT 14, 2024
US futures drift as earnings season is set to test bull market

Bonds market is closed Monday.

Private equity firms tighten grip on corporate America
INDUSTRY NEWS OCT 14, 2024
Private equity firms tighten grip on corporate America

Four in ten M&A deals involved PE according to the latest analysis.

Ex-Jefferies fund manager refutes $100M Ponzi fraud allegations
INDUSTRY NEWS OCT 14, 2024
Ex-Jefferies fund manager refutes $100M Ponzi fraud allegations

The former PM has asked a judge to dismiss the suit.

Bitcoin jumps to two-week high as traders weigh pivot
INDUSTRY NEWS OCT 14, 2024
Bitcoin jumps to two-week high as traders weigh pivot

Trump win would be a boost for cryptos.

More Americans are invested in the elections than the stock market
INDUSTRY NEWS OCT 11, 2024
More Americans are invested in the elections than the stock market

A substantial number of people in a new 2,200-person survey believe their wealth, their "wallet power" and their retirement timelines are at stake.

Stocks rally to fresh highs as JPMorgan drives bank gains
INDUSTRY NEWS OCT 11, 2024
Stocks rally to fresh highs as JPMorgan drives bank gains

The S&P 500 headed toward its 45th record in the year helped in part by a surprise interest income gain at the Wall Street giant.

Boosting payouts on cash crimps wealth management at Wells Fargo
INDUSTRY NEWS OCT 11, 2024
Boosting payouts on cash crimps wealth management at Wells Fargo

Meanwhile, Wells Fargo’s WIM group reported close to $2.3 trillion at the end of last month.

Another AI-washing case shows where SEC is headed
REGULATION AND LEGISLATION OCT 11, 2024
Another AI-washing case shows where SEC is headed

The Securities and Exchange Commission has focused on "black-and-white" allegations of AI washing, but that could broaden out to a gray area that may loop in more financial services companies, a lawyer says.

High-net-worth giving splits along generational and gender lines, BofA survey finds
INDUSTRY NEWS OCT 11, 2024
High-net-worth giving splits along generational and gender lines, BofA survey finds

More than nine in 10 HNWIs prioritize charitable giving, but demographics help shape the whys and the hows.

BlackRock ascends to $11.5T on private-assets push
ALTERNATIVES OCT 11, 2024
BlackRock ascends to $11.5T on private-assets push

The asset management behemoth has added $2.4T in the past year alone as it builds a one-stop empire for global clients to access both public and private markets.

Ex-UBS chief Ralph Hamers tapped to advise wealth startup Arta Finance
FINTECH OCT 11, 2024
Ex-UBS chief Ralph Hamers tapped to advise wealth startup Arta Finance

The digital wealth platform founded by ex-Google executives welcomes the former wealth bigwig as it debuts on the global stage.

'By making its services convenient for criminals, TD Bank became one' says Garland
INDUSTRY NEWS OCT 11, 2024
'By making its services convenient for criminals, TD Bank became one' says Garland

Regulators hold nothing back in condemnation of TD Bank after $3B fines.

INDUSTRY NEWS OCT 11, 2024
Gen Z has a mindset issue with retirement planning

New report says young Americans need help to get started on financial freedom journey.

Gold gains amid mixed US inflation, labor data
INDUSTRY NEWS OCT 11, 2024
Gold gains amid mixed US inflation, labor data

The metal is up 25% so far in 2024.

Fed's Goolsbee rebuts claims of overheating economy
INDUSTRY NEWS OCT 11, 2024
Fed's Goolsbee rebuts claims of overheating economy

Chicago Fed president says inflation risk remains.

Firms owned by PE more likely to default, says Moody's
INDUSTRY NEWS OCT 11, 2024
Firms owned by PE more likely to default, says Moody's

Ratings firm says rate is twice that of non-PE-backed firms.