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Industry News

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Topic

Small investors remain committed to US home assets, but flipping eases

Data reveals that investors make up an increasing share of single-family home buyers.

Topic

Musk back on top as world’s wealthiest gain $1.5T

2023 was a good year for the richest on the planet, especially the tech focused.

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Lincoln deal caps year of change at Osaic

But what will the ultimate asking price for Osaic be as the firm moves toward an IPO?

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LPL Financial takes minority stake in Independent Advisor Alliance

IAA founder sees significant development in its growth journey.

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Equity bulls show highest sentiment in 30 months, says AAII

Meanwhile, pessimism is unusually low according to investor poll.

Topic

Markets await US inflation data for rate cut signal

Personal consumption expenditure gauge is expected to decrease.

Topic

Why are large investors returning to bank stocks now?

Fidelity, Wilmington among the institutions loading up on financial stocks.

Topic

Zero-day options not to blame for sell-off, says Cboe

Exchange says hedging activity more likely to be a stabilizer.

Topic

Elon Musk slams indexing, regulators in public markets rant

Speaking to Cathie Wood, the billionaire also criticized shareholders.

Topic

Finra bars ex-Wells Fargo broker previously charged with fraud

Louis Goff and others had been charged with raising $2.1 million from investors in a fraud from 2019 and 2020.

Topic

How private market investments can bolster 60/40 strategy

Half of advisors surveyed in iCapital study say client interest in alts has increased.

Topic

Aon buys wealth manager for $13.4B

The deal for NFP will bring together a shared commitment to client excellence, the companies say.

Topic

Most Americans are not expecting improved finances in 2024

A quarter of those surveyed by Bankrate think worse is to come.

Topic

Institutional investors have a positive outlook for the economy, CEOs are not convinced

Global survey of business leaders and portfolio managers reveals split opinion.

Topic

Investors should prepare to buy the dip as rally eases

Strategists see potential of 8.5% gain for S&P 500 by end of 2024.

Topic

Citigroup to exit distressed debt business

Wall Street firm is undertaking restructuring to revive investor confidence.

Topic

Major US bank becomes first to have a unionized branch

Workers in Albuquerque vote to join union, Alaska branch could be next.

Topic

Which stock gained 600% this year to become world’s top performer?

Bloomberg data reveals how influencers helped spark interest in the firm.

Topic

Broker-dealer index stays on pace with S&P 500 this year

'The broker-dealers are the toll collectors of trading volume.'

Topic

Wealthy Americans say it’s harder than ever to build and protect wealth

New report from Chubb probes the millionaire mindset to find what matters to them.