Agency officials reportedly are looking at ways to increase transparency for the types of derivative bets that sank Archegos Capital Management.
The bank's analysts credit the global pandemic with stirring investor demand for companies doing good, and also cite the frenzy for tech-focused thematic funds, many of which fall within the environmental, social and governance category.
Citigroup plans to 'double down on wealth,' while Merrill's account balances surged 31%.
The cryptocurrency fell by as much as 15% Sunday, after hitting a record high of more than $64,000 last week, and rival coins like Ether and XRP also plunged.
The co-founder of the quant giant is in fighting spirits after the strategy of buying cheap equities notched its best quarterly outperformance in 20 years.
Wall Street's new sheriff will confront a range of market threats, from the fallout from the GameStop trading frenzy to the deluge of SPACs and the collapse of Archegos.
The Manhattan investment adviser defrauded his A-list clients of more than $19 billion.
ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency.
Unloading the business could bring in more than $2 billion, as CEO Charles Lowrey executes a three-year strategy to transform the business.
The woman, who used some of the money to buy a house and an SUV, was arrested earlier this week.
