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JPMorgan warns of increased hacker threats
RIA NEWS JAN 18, 2024
JPMorgan warns of increased hacker threats

The firm has seen an increase in hackers targeting its systems.

RBC chief eyes 'significant opportunities' in US capital markets
INDEPENDENT BROKER DEALERS JAN 18, 2024
RBC chief eyes 'significant opportunities' in US capital markets

Canadian bank's CEO aims to expand the firm’s share of the market.

Schwab saw decline in net new assets in Q4
INDEPENDENT BROKER DEALERS JAN 17, 2024
Schwab saw decline in net new assets in Q4

'No one at Schwab is kidding themselves that everything is perfect right now,' says CEO Walt Bettinger.

Are traders relying too much on history in bets on early rate cut?
FIXED INCOME JAN 17, 2024
Are traders relying too much on history in bets on early rate cut?

Some strategists believe the Fed will wait longer than it has in the past.

IMF warns of worryingly high liquidity risks
RIA NEWS JAN 17, 2024
IMF warns of worryingly high liquidity risks

Executive says many countries have extremely high debt due to pandemic borrowing.

JPMorgan plans to hire again as deals, wealth business grow
INDEPENDENT BROKER DEALERS JAN 17, 2024
JPMorgan plans to hire again as deals, wealth business grow

President Daniel Pinto also shares his views on rate cuts.

What's the $20T climate theme that's outperforming other strategies?
RIA NEWS JAN 17, 2024
What's the $20T climate theme that's outperforming other strategies?

UBS Global Wealth Management sees a bright spot for this green investment.

Proposed tax deal in Congress could give economy a boost
REGULATION, LEGAL & COMPLIANCE JAN 16, 2024
Proposed tax deal in Congress could give economy a boost

Congressional negotiators are locked in talks over renewing expired business tax breaks and boosting the child tax credit.

Goldman profits surge, driven by equity trading
INDEPENDENT BROKER DEALERS JAN 16, 2024
Goldman profits surge, driven by equity trading

The asset and wealth division helped drive the results, posting its highest quarterly revenue in two years on a gain tied to the sale of its Personal Financial Management unit.

It’s too soon to bet on aggressive rate cuts, says IMF executive
REGULATION, LEGAL & COMPLIANCE JAN 16, 2024
It’s too soon to bet on aggressive rate cuts, says IMF executive

Inflation is still not under control so cuts may be smaller than expected.