BofA’s North Carolina HQ gives CEO Moynihan platform to talk transgender issues
Plus: Presidential candidates show no love for Wall Street, PacLife to buy Cadence Capital, and the best places to own an expensive house
- Bank of America CEO Brian Moynihan doubles down on transgender rights stance in North Carolina. Taking a stand when your company is headquartered in a state that just passed a controversial new bathroom law.
- As the presidential primaries wind down, the race is starting to look like the pursuit of cracking down on Wall Street. At least that’s the popular sales pitch from some candidates. Money has a better chance of buying happiness than it does buying a candidate that’s friendly to Wall Street.
- Pacific Life Insurance Co. wades deeper into the smart-beta waters with the acquisition of Cadence Capital. Adding $4 billion in assets under management.
- If you’re living in an expensive house, you should hope it’s not located in Illinois, New York, or New Hampshire because the property taxes are highest in the nation. Best places to own a big house, from a property tax perspective, include Alabama, South Dakota, and Hawaii.
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