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Crypto firms Celsius Network, Gemini face SEC scrutiny
ALTERNATIVES JAN 27, 2022
Crypto firms Celsius Network, Gemini face SEC scrutiny

The SEC enforcement review focuses on whether the companies’ offerings should be registered as securities, people say.

Grantham has an even scarier prediction than his crash call
RIA NEWS JAN 27, 2022
Grantham has an even scarier prediction than his crash call

Value manager says 'Goldilocks' era of past 25 years is ending, and the world needs to prepare for a future of inflation, slower growth and labor shortages.

Powell backs March liftoff, won't rule out hike every meeting
RIA NEWS JAN 26, 2022
Powell backs March liftoff, won't rule out hike every meeting

FOMC says “it will soon be appropriate to raise the target range for the federal funds rate.”

UBS buying Wealthfront for $1.4 billion in cash deal
FINTECH JAN 26, 2022
UBS buying Wealthfront for $1.4 billion in cash deal

The acquisition will add more than $27 billion in assets under management and over 470,000 clients in the U.S., the bank said.

Goldman, Citi strategists say it’s now time to buy stocks
RIA NEWS JAN 26, 2022
Goldman, Citi strategists say it’s now time to buy stocks

'Any further significant weakness at the index level should be seen as a buying opportunity, in our view,' Goldman strategists say.

BofA brings employees back to some U.S. offices as Covid cases decrease
PRACTICE MANAGEMENT JAN 25, 2022
BofA brings employees back to some U.S. offices as Covid cases decrease

As coronavirus conditions improve across the country, employees across major financial firms are being asked to come back.

JPMorgan agrees to take 49% Viva Wallet stake in fintech deal
RIA NEWS JAN 25, 2022
JPMorgan agrees to take 49% Viva Wallet stake in fintech deal

European payments landscape is big growth area, exec says.

Morgan Stanley lifts CEO James Gorman’s pay 6% to $35 million
PRACTICE MANAGEMENT JAN 24, 2022
Morgan Stanley lifts CEO James Gorman’s pay 6% to $35 million

Wall Street giant sets another high mark for profit in 2021.

World's top gold ETF sees holdings surge in bullish demand sign
ALTERNATIVES JAN 24, 2022
World's top gold ETF sees holdings surge in bullish demand sign

SPDR Gold Shares reports biggest inflow since listing in 2004.

BofA revamps wealth management product teams
PRACTICE MANAGEMENT JAN 21, 2022
BofA revamps wealth management product teams

The moves in product teams increase the responsibilities of Andy Sieg, the president of Merrill Lynch, and Katy Knox, president of BofA's private bank.