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Miami firm gains as big banks drop Latin America clients
YOUR PRACTICE PRACTICE MANAGEMENT AUG 08, 2023
Miami firm gains as big banks drop Latin America clients

Insigneo has tripled its staff and increased its AUM to more than $20 billion from less than $3 billion just six years ago.

Wall Street to pay hundreds of millions more for WhatsApp use
NEWS WIREHOUSES AUG 08, 2023
Wall Street to pay hundreds of millions more for WhatsApp use

Wells Fargo units agreed to pay $125 million to the SEC and $75 million to the CFTC.

Investors cautious after US banks ratings downgrade
NEWS INDUSTRY NEWS AUG 08, 2023
Investors cautious after US banks ratings downgrade

Moody's has cut ratings on several smal-l and mid- tier banks, meanwhile China data is adding to concerns.

Will long-dated Treasuries entice investors?
INVESTING FIXED INCOME AUG 08, 2023
Will long-dated Treasuries entice investors?

Or will higher yields repel buyers in the next round of refinancing?

Citi strategists see higher equities after 'orderly' sell-off
NEWS INDUSTRY NEWS AUG 08, 2023
Citi strategists see higher equities after 'orderly' sell-off

Chris Montague says last week's pullback has reduced positioning risk.

Cathie Wood predicts SEC will approve multiple bitcoin ETFs at once
INVESTING ALTERNATIVES AUG 07, 2023
Cathie Wood predicts SEC will approve multiple bitcoin ETFs at once

The ARK Investment Management CEO backed away from her previous view that her firm's spot-bitcoin ETF would be the first to be approved.

US stock futures gain, Treasury yields rise
NEWS INDUSTRY NEWS AUG 07, 2023
US stock futures gain, Treasury yields rise

CPI data in focus this week and prices are set for moderate increase.

Most investors expect a US recession before end of 2024
NEWS INDUSTRY NEWS AUG 07, 2023
Most investors expect a US recession before end of 2024

A minority think that the economy will contract before 2023 is over.

Fiscal tightening is risk to stocks, warns Morgan Stanley strategist
NEWS INDUSTRY NEWS AUG 07, 2023
Fiscal tightening is risk to stocks, warns Morgan Stanley strategist

Michael Wilson believes high fiscal spending is unsustainable.

Morgan Stanley hits 70% of $1T ESG funding goal
INVESTING ESG AUG 04, 2023
Morgan Stanley hits 70% of $1T ESG funding goal

Firm's funding went toward areas including clean energy, carbon removal and social housing.