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Corporate ESG claims to face audits to address greenwashing fears
RIA NEWS AUG 02, 2023
Corporate ESG claims to face audits to address greenwashing fears

Proposed standards reflect investor and stakeholder concern that corporate disclosures about sustainability aren't always reliable.

Missing Goldman Sachs analyst found dead
RIA NEWS AUG 02, 2023
Missing Goldman Sachs analyst found dead

John Castic, last seen after attending a concert Saturday night, was found in a creek in Brooklyn.

Stocks slump following Fitch's US downgrade
RIA NEWS AUG 02, 2023
Stocks slump following Fitch's US downgrade

The rating agency's decision sparked a pullback from riskier assets.

BlackRock, MSCI probed by lawmakers over China investments
RIA NEWS AUG 02, 2023
BlackRock, MSCI probed by lawmakers over China investments

Congressional committee is investigating whether the asset managers facilitated investments into blacklisted firms.

Bitcoin rally could endure if US manages a soft landing
RIA NEWS AUG 02, 2023
Bitcoin rally could endure if US manages a soft landing

But further tightening by the Fed could put a swift end to the crypto rally.

Fitch downgrades US credit rating
FIXED INCOME AUG 01, 2023
Fitch downgrades US credit rating

In cutting its rating on US sovereign debt to AA from AAA, Fitch cited 'repeated debt limit standoffs and last-minute resolutions.'

Goldman wealth exec exits abruptly
PRACTICE MANAGEMENT AUG 01, 2023
Goldman wealth exec exits abruptly

Lisa Opoku, a Goldman partner, had been running the firm's family office for its top brass since last year.

Stocks down on mixed earnings, dollar up slightly
RIA NEWS AUG 01, 2023
Stocks down on mixed earnings, dollar up slightly

Apple and Amazon earnings are due this week.

Oppenheimer predicts record for S&P 500 by year-end
EQUITIES AUG 01, 2023
Oppenheimer predicts record for S&P 500 by year-end

The asset manager's chief investment strategist has Wall Street’s most bullish forecast.

FTX draft bankruptcy plan could see cash for creditors
RIA NEWS AUG 01, 2023
FTX draft bankruptcy plan could see cash for creditors

But the size of the pool of claims means they are unlikely to get back what they invested.