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Banks, tech giants losing skilled workers to flexible fintechs
PRACTICE MANAGEMENT JUN 06, 2022
Banks, tech giants losing skilled workers to flexible fintechs

The exodus from Wall Street, the City of London and Silicon Valley has picked up speed during the pandemic, according to data from a workplace intelligence company.

SEC public service campaign sparks outrage online
REGULATION, LEGAL & COMPLIANCE JUN 03, 2022
SEC public service campaign sparks outrage online

The SEC's 'Investomania' videos are an attempt to encourage investors to research before investing, but some are upset by the videos' references to meme stocks and crypto.

Goldman's Waldron warns of unprecedented economic shocks
RIA NEWS JUN 03, 2022
Goldman's Waldron warns of unprecedented economic shocks

Echoing remarks earlier this week by JPMorgan's Jamie Dimon, Goldman's president cited 'tougher economic times ahead.'

Wall Street’s lawyers attack SEC effort to crush greenwashing
REGULATION, LEGAL & COMPLIANCE JUN 01, 2022
Wall Street’s lawyers attack SEC effort to crush greenwashing

Lawyers are concerned about what they consider vague demands for more disclosure.

Deutsche Bank replaces DWS’ Woehrmann after greenwash raid
RIA NEWS JUN 01, 2022
Deutsche Bank replaces DWS’ Woehrmann after greenwash raid

Stefan Hoops, head of the German lender’s corporate bank, will assume the top role at DWS from June 10.

Franklin Templeton buying Alcentra in European credit push
ALTERNATIVES MAY 31, 2022
Franklin Templeton buying Alcentra in European credit push

The deal for Bank of New York Mellon's European credit and debt subsidiary expands Franklin Templeton's access to alternative investments.

Dimensional’s ESG boss voices doubts over industry promises
RIA NEWS MAY 31, 2022
Dimensional’s ESG boss voices doubts over industry promises

‘No compelling evidence’ of ESG’s impact on cost of capital, says Jim Whittington of Dimensional Fund Advisors.

Deutsche Bank, DWS raided over allegations of greenwashing
REGULATION, LEGAL & COMPLIANCE MAY 31, 2022
Deutsche Bank, DWS raided over allegations of greenwashing

DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, went public with greenwashing allegations last year.

Morgan Stanley says US stock rally has limited upside
RIA NEWS MAY 31, 2022
Morgan Stanley says US stock rally has limited upside

“The key fundamental call we are focused on now is slowing growth, and our view that earnings estimates are too high,” says Morgan Stanley’s Michael Wilson.

Grandparents can give more to 529 plans after rule change
RIA NEWS MAY 27, 2022
Grandparents can give more to 529 plans after rule change

Recent changes to financial aid rules will free grandparents to contribute to college savings plans without penalizing a grandchild's eligibility for federal money.