About $120 billion has flowed into ESG exchange-traded funds in 2021, but just a handful of institutional investors control a large part of the market.
Nancy Davis has made a splash with IVOL, an actively managed exchange-traded fund that lets investors bet on inflation and interest-rate volatility.
The hack raises new questions about Robinhood’s efforts to ensure that its millions of customers get the support and help they need to invest safely.
The firm is boosting its matching contributions to retirement accounts for U.S. workers and eliminating the one-year waiting period for contributions for new joiners.
Allianz's chief economic adviser suggests the central bank 'ease your foot off the accelerator starting now.'
According to Moody's, financial institutions in the Group of 20 nations have $22 trillion of exposure to carbon-intensive industries, equal to roughly 20% of their total loans and investments.
The CEO issued a statement Wednesday saying he regretted his quip that JPMorgan is likely to outlast China's Communist Party. The bank has ambitions to expand further in China.
Joint Committee on Taxation data show that while millionaires collectively would pay a higher tax rate under the Build Back Better Act passed by the House, those earning at least $1 million would collectively pay $46.8 billion less in taxes.
Wall Street had been anxiously awaiting Biden’s picks. The Fed’s monetary policy has encouraged investors to take on more risk and pushed stock, housing and other asset prices higher.
As part of the effort, the bank tapped Puneet Singhvi to be its new head of digital assets inside the institutional clients group.
