News

Displaying 41706 results
Bitcoin at lowest since February, despite gains for stocks
INDUSTRY NEWS JUL 05, 2024
Bitcoin at lowest since February, despite gains for stocks

Cryptocurrency declines for fourth consecutive day.

Gold heads for weekly gain as traders eye Fed cuts
INDUSTRY NEWS JUL 05, 2024
Gold heads for weekly gain as traders eye Fed cuts

Expectation is rising that interest rate reduction is ahead.

Election result puts UK assets back in favor
INDUSTRY NEWS JUL 05, 2024
Election result puts UK assets back in favor

Helping your clients understand survivors benefits 
JUL 04, 2024
Helping your clients understand survivors benefits 

Survivors’ benefits can be a touchy but necessary subject that must be discussed with your clients. Get familiar with survivors’ benefits here

Fed officials see price pressures easing, but still cautious on rate cuts
INDUSTRY NEWS JUL 03, 2024
Fed officials see price pressures easing, but still cautious on rate cuts

Minutes from June policy meeting reveal central bank officials’ concerns around persistent inflation and slowing economic growth.

BlackRock's Preqin deal prompts lower outlook at Moody's
ALTERNATIVES JUL 03, 2024
BlackRock's Preqin deal prompts lower outlook at Moody's

The ratings company is voicing concerns over the asset management giant's increased debt and leverage ratios.

GE sued over $1.7 billion pension risk transfer
LIFE INSURANCE AND ANNUITIES JUL 03, 2024
GE sued over $1.7 billion pension risk transfer

The company is the latest targeted over annuity deals with Athene Annuity and Life Co.

Blackstone REIT keeps up with demand to buy back shares
ALTERNATIVES JUL 03, 2024
Blackstone REIT keeps up with demand to buy back shares

May was a particularly tough month for nontraded REITs.

Merrill Lynch to reimburse customers $1.5 million over avoidable fees
REGULATION AND LEGISLATION JUL 03, 2024
Merrill Lynch to reimburse customers $1.5 million over avoidable fees

Finra finds registered representatives at the wirehouse giant made unsuitable recommendations to over 1,300 clients across more than 2,000 accounts.

JPMorgan's Kolanovic set to depart after string of bad stock calls
EQUITIES JUL 03, 2024
JPMorgan's Kolanovic set to depart after string of bad stock calls

Internal memo reveals planned leadership shakeup at the banking giant as its chief market strategist is "exploring other opportunities."

Nearly a fifth of Americans have no emergency savings, finds Empower
INDUSTRY NEWS JUL 03, 2024
Nearly a fifth of Americans have no emergency savings, finds Empower

A quarter of survey respondents had to dip into their rainy-day funds as inflation, rising prices, and debt chip away at their finances.

$200M father-daughter team from Edward Jones makes a break for independence
BROKER DEALERS JUL 03, 2024
$200M father-daughter team from Edward Jones makes a break for independence

The pair are launching their own multigenerational practice in Mississippi with support from LPL.

Is Robinhood planning to move into wealth management with new acquisition?
FINTECH JUL 03, 2024
Is Robinhood planning to move into wealth management with new acquisition?

Stock trading and investment platform to add to capabilities.

Senior homeowners gained $329B equity in Q1 but price growth is slowing
INDUSTRY NEWS JUL 03, 2024
Senior homeowners gained $329B equity in Q1 but price growth is slowing

But some regions continue to outpace the easing national price gains.

EM currencies fall amid Treasury yields outlook
INDUSTRY NEWS JUL 03, 2024
EM currencies fall amid Treasury yields outlook

Concern outweighed better signals on inflation.

Hedge funds react to geopolitical uncertainty
INDUSTRY NEWS JUL 03, 2024
Hedge funds react to geopolitical uncertainty

Goldman Sachs says funds dumped European stocks last month.

AI startups add some spice to US VC dealmaking
INDUSTRY NEWS JUL 03, 2024
AI startups add some spice to US VC dealmaking

Global deals were also higher in the second quarter.

Even with a $4B fortune, there's room for a side hustle
INDUSTRY NEWS JUL 03, 2024
Even with a $4B fortune, there's room for a side hustle

Former Lehman Bros. trader eyes AI potential with VC bets.

WisdomTree woos more advisors with portfolio solutions offering
PRACTICE MANAGEMENT JUL 02, 2024
WisdomTree woos more advisors with portfolio solutions offering

The firm is doubling down on its $3.5B model portfolios business with a fresh push to help enhance investment advisors’ practices.

Broker who took client funds for 17 years is barred
BROKER DEALERS JUL 02, 2024
Broker who took client funds for 17 years is barred

"A broker admitting that he has been ripping off clients for 17 years is beyond troubling," said one attorney.