The chair of Gramercy Fund Management says stagflation is ‘worst thing’ for central banks.
Senate Majority Leader Chuck Schumer and fellow Democrats Elizabeth Warren and Raphael Warnock make appeal at White House.
The Fifth Circuit Court of Appeals said the agency's house of in-house judges violated a hedge fund manager's constitutional right to a jury trial.
The sell-off sent the S&P 500 down 4%, while the Nasdaq 100 dropped more than 5% as growth-related tech stocks sank.
The agency has been sending firms lists of key positions including heads of certain investment banking teams or trading desks.
Survey finds that 63% think ESG risks are best handled when fund managers select a portfolio to manage opportunities and risks.
'This is a strong economy, and we think it’s well positioned to withstand less accommodative monetary policy,' the Fed chairman says.
Just 31% of the bank's shareholders supported the pay packages for CEO Dimon and other company executives.
Voya Investment Management will add about $120 billion of assets under management as well as some investment teams.
The agreement calls for the firm to forfeit $463 million and pay $3.2 billion in restitution to victims of the fraud as well as a $2.3 billion penalty.
