The activist investor reportedly is pushing Principal to focus more on its wealth management operations and less on the life insurance business.
At a Financial Services Committee hearing, House Democrats pressed the leaders of Robinhood and Citadel on whether they're profiting at the expense of retail investors
Keith Gill, a Massachusetts CFA and one of the influential voices pushing GameStop on social media, was hit by a lawsuit accusing him of misrepresenting himself as an amateur investor.
Ahead of a House hearing Thursday with the company's CEO, the Massachusetts senator accused Robinhood of having inadequate cash on hand to manage a trading surge.
The company said that year that it would separate the life and retirement unit from its sprawling property-casualty operation, furthering the dismantling of the insurance giant.
Fed officials reportedly privately signaled the bank that they accept its proposal for overhauling risk management and governance, which would move Wells a step closer to getting the cap on its assets lifted.
The largest cryptocurrency rose almost 6% Wednesday, following a fivefold surge in the past year, after MicroStrategy said Tuesday it would sell $600 million of bonds to buy more Bitcoin.
Some people could benefit from filing quickly this tax season, as Congress works on another round of stimulus checks, while others may benefit from holding off.
Agency says it will make it harder for financial firms to obtain waivers from knock-on sanctions when they settle enforcement cases.
Strong investor demand for sustainable investments pushes offering at the last minute up by $50 million to $800 million.
