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BlackRock sees 30% jump in flows to suite of climate ETFs
INVESTING ESG JUL 07, 2022
BlackRock sees 30% jump in flows to suite of climate ETFs

The nine ETFs, which have tracked EU-regulated climate transition benchmarks since October, attracted a net $2.7 billion this year as of mid-June.

Morgan Stanley seeks to bar broker accused of shooting co-worker
NEWS WIREHOUSES JUL 06, 2022
Morgan Stanley seeks to bar broker accused of shooting co-worker

The firm asked for a restraining order against 90-year-old Leonard Bernstein in Oklahoma County District Court Tuesday that would bar him from its offices and from any contact with former colleagues.

JPMorgan cuts growth forecasts 'perilously close' to recession
NEWS INDUSTRY NEWS JUL 05, 2022
JPMorgan cuts growth forecasts 'perilously close' to recession

The reduced its estimate for annualized gross domestic product growth to 1% for the second quarter, down from 2.5% previously.

Scrutiny of ESG investments heralds better days ahead, managers say
INVESTING ESG JUL 01, 2022
Scrutiny of ESG investments heralds better days ahead, managers say

Tough examination of loosely regulated funds with higher environmental, social and governance standards could help the industry, sustainable fund managers say.

Grayscale suing SEC after its Bitcoin ETF is rejected
INVESTING ALTERNATIVES JUN 30, 2022
Grayscale suing SEC after its Bitcoin ETF is rejected

The regulator found that the listing proposal didn’t do enough to prevent fraud and manipulation.

Crypto tax cheats likely to get relief as US crackdown hits snag
INVESTING ALTERNATIVES JUN 29, 2022
Crypto tax cheats likely to get relief as US crackdown hits snag

Firms are supposed to begin tracking data such as customers’ capital gains and losses starting in January.

Yield-hungry investors are flocking to high-dividend ETFs
INVESTING MUTUAL FUNDS JUN 28, 2022
Yield-hungry investors are flocking to high-dividend ETFs

With bonds slumping, a record amount of money is pouring into exchange-trade funds focused on big dividend payouts.

FTX is seeking a path to buy Robinhood
INVESTING ALTERNATIVES JUN 27, 2022
FTX is seeking a path to buy Robinhood

The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.

JPMorgan will cover employees’ abortion-travel costs starting next month
YOUR PRACTICE PRACTICE MANAGEMENT JUN 27, 2022
JPMorgan will cover employees’ abortion-travel costs starting next month

Benefit will go into effect July 1 at JPMorgan, Goldman Sachs and Bank of America.

Goldman says signs are here of belt-tightening impact to profits
NEWS INDUSTRY NEWS JUN 27, 2022
Goldman says signs are here of belt-tightening impact to profits

Some investors worry that higher living costs, rising bond yields and weak trailing equity returns may lead to household capitulation in the equity market.