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Fed pushes Morgan Stanley to tighten wealth management controls
WIREHOUSES NOV 09, 2023
Fed pushes Morgan Stanley to tighten wealth management controls

The regulator wants to ensure enough is being done to prevent money laundering by international clients.

Bitcoin at 18-month high as ETF approval window opens
ETFS NOV 09, 2023
Bitcoin at 18-month high as ETF approval window opens

The cryptocurrency was trading above $36K early Thursday as investors weighed potential green light for funds.

ESG veteran warns of multiyear purge for ESG, with ETFs next
ETFS NOV 09, 2023
ESG veteran warns of multiyear purge for ESG, with ETFs next

Sustainability-focused investors could be facing even tougher times ahead.

Holiday spending set to fall in US, 27 other countries
RIA NEWS NOV 09, 2023
Holiday spending set to fall in US, 27 other countries

Cost-of-living budget squeeze is bad news for retail and hospitality sectors.

Stocks lower ahead of Fed Chair Powell's speech
RIA NEWS NOV 08, 2023
Stocks lower ahead of Fed Chair Powell's speech

Fed chair is set to speak at 9.15 a.m. ET, with other officials also scheduled.

Why BlackRock is staying overweight megacap tech stocks
RIA NEWS NOV 08, 2023
Why BlackRock is staying overweight megacap tech stocks

Asset manager has $100B tracking the biggest names in technology in its model portfolios.

ESG is now mainstream despite US skepticism, say investors
REGULATION, LEGAL & COMPLIANCE NOV 08, 2023
ESG is now mainstream despite US skepticism, say investors

US investors pulled $2.7B from sustainable funds in Q3 but global peers are not deterred.

UBS is selling AT1 bonds with attractive yields
RIA NEWS NOV 08, 2023
UBS is selling AT1 bonds with attractive yields

The securities will boost the banking group's capital buffer and aims to restore confidence.

HSBC launching custody service for tokenized securities
RIA NEWS NOV 08, 2023
HSBC launching custody service for tokenized securities

It's the latest financial institution to eye a slice of the fast-growing digital assets safeguarding space.

UBS wins back Credit Suisse clients
WIREHOUSES NOV 07, 2023
UBS wins back Credit Suisse clients

The bank saw stronger-than-expected client inflows of $22 billion in its wealth management business, including $3 billion at Credit Suisse's unit.