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JPMorgan acquires ex-Fortress investment tech firm LayerOne
INDEPENDENT BROKER DEALERS MAR 04, 2024
JPMorgan acquires ex-Fortress investment tech firm LayerOne

The deal will improve JPMorgan's offering for hedge funds.

Wall Street DEI programs dial back amid litigation fear
RIA NEWS MAR 04, 2024
Wall Street DEI programs dial back amid litigation fear

Firms are opening up diversity programs to all, which may erase progress.

Deals market set for rebound: Macquarie
RIA NEWS MAR 04, 2024
Deals market set for rebound: Macquarie

Asset manager sees incoming deployment of dry powder.

Blackstone REIT hits key milestone, lifts redemption limit
ALTERNATIVES MAR 01, 2024
Blackstone REIT hits key milestone, lifts redemption limit

The $60 billion real estate trust is finally letting customers draw money without any constraints after redemption demand fell below a key threshold.

Kodak considers tapping pension fund surplus
RETIREMENT PLANNING MAR 01, 2024
Kodak considers tapping pension fund surplus

The company's plan was overfunded by about $1.2 billion at the end of 2022.

B. Riley posts loss, cuts payout
INDEPENDENT BROKER DEALERS MAR 01, 2024
B. Riley posts loss, cuts payout

The firm says it will delay filing its annual report, citing a review of transactions with a key client that have drawn attacks by short sellers.

Carbon emissions reach record high despite renewables gains
RIA NEWS MAR 01, 2024
Carbon emissions reach record high despite renewables gains

The International Energy Agency says CO2 stats would have been far worse without green energy.

World Trade Organization inches toward new agreements on global trade
RIA NEWS MAR 01, 2024
World Trade Organization inches toward new agreements on global trade

Agriculture, fisheries among the key topics being debated by 160 countries.

Gold heads higher following US inflation data
ALTERNATIVES MAR 01, 2024
Gold heads higher following US inflation data

Unsurprising stats mean Fed cuts still a possibility.

Brothers settle 21-year feud over billions in diamonds, LA real estate
RIA NEWS MAR 01, 2024
Brothers settle 21-year feud over billions in diamonds, LA real estate

Bizarre case has been likened to Dickens' novel Bleak House, but with a twist.