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B. Riley fails to file audited results
NEWS BROKER DEALERS MAR 18, 2024
B. Riley fails to file audited results

The broker-firm, whose stock has been battered by concerns about its dealings with a former business partner, says it will file 'as soon as reasonably practical.'

Markets optimistic ahead of Fed meeting
NEWS INDUSTRY NEWS MAR 18, 2024
Markets optimistic ahead of Fed meeting

The central bank will announce its latest rates decision this week.

Bond yields could disrupt equities rally: Morgan Stanley
INVESTING EQUITIES MAR 18, 2024
Bond yields could disrupt equities rally: Morgan Stanley

Strategists warn that the rally faces tests this week.

Commodity trading profits pass $100B globally
NEWS INDUSTRY NEWS MAR 18, 2024
Commodity trading profits pass $100B globally

Last year marks the second-best year for the industry.

UBS has more diversified business than Morgan Stanley: JPMorgan analysts
NEWS WIREHOUSES MAR 15, 2024
UBS has more diversified business than Morgan Stanley: JPMorgan analysts

The Swiss bank has a better wealth management franchise than Morgan Stanley outside the U.S., JPMorgan analysts say.

Uh-oh! Are we facing a bitcoin bubble?
INVESTING ALTERNATIVES MAR 15, 2024
Uh-oh! Are we facing a bitcoin bubble?

Cryptocurrency has eased from its recent record high.

Stocks pause as market digests latest US inflation stats
INVESTING EQUITIES MAR 15, 2024
Stocks pause as market digests latest US inflation stats

CPI data suggests Fed will hold rates again next week.

Investors shun stagflation fears with record inflows to US equities
NEWS INDUSTRY NEWS MAR 15, 2024
Investors shun stagflation fears with record inflows to US equities

BofA strategists says $56 billion flowed into US equity funds in week ended March 13.

Millennium-backed fund bolsters fixed-income team with BofA hire
NEWS INDUSTRY NEWS MAR 15, 2024
Millennium-backed fund bolsters fixed-income team with BofA hire

Ilana Kaufman is reported to have been hired as a portfolio manager.

JPMorgan fined $348M for falling short on trading surveillance
NEWS BROKER DEALERS MAR 14, 2024
JPMorgan fined $348M for falling short on trading surveillance

The firm's trade-surveillance program has operated with certain deficiencies since at least 2019, according to the OCC.