Bloomberg

Bloomberg
Displaying 13045 results
Buffett inches toward Wells Fargo exit
WIREHOUSES OCT 16, 2020
Buffett inches toward Wells Fargo exit

Since Charlie Scharf became the bank's CEO, Buffett's Berkshire Hathaway has unloaded most of its stake in Wells

Robinhood internal probe finds hackers hit almost 2,000 accounts
FINTECH OCT 15, 2020
Robinhood internal probe finds hackers hit almost 2,000 accounts

Robinhood, with more than 13 million accounts, is considering whether to add a customer service phone number

Value stocks could shine after the election
EQUITIES OCT 15, 2020
Value stocks could shine after the election

Citigroup analyst says the shift could occur no matter who's elected

Wells Fargo fires more than 100 workers for abusing federal aid program
PRACTICE MANAGEMENT OCT 14, 2020
Wells Fargo fires more than 100 workers for abusing federal aid program

Staffers made 'false representations' when they applied for a coronavirus loan program, according to a Wells memo

Wells Fargo third-quarter profit slumps
WIREHOUSES OCT 14, 2020
Wells Fargo third-quarter profit slumps

Bank takes customer remediation and restructuring charges to address old scandal

Robo Wealthsimple negotiating fresh funding round
FINTECH OCT 13, 2020
Robo Wealthsimple negotiating fresh funding round

Investment led by TCV would value the Canadian online investment firm at more than $1 billion

Fidelity plans to hire 4,000 over next six months
PRACTICE MANAGEMENT OCT 13, 2020
Fidelity plans to hire 4,000 over next six months

Positions being filled, which include financial advisers, represent a 15% increase in staffers who focus on clients

A record $170 billion flooded into bond ETFs this year
MUTUAL FUNDS OCT 13, 2020
A record $170 billion flooded into bond ETFs this year

The Fed's March announcement that it would buy corporate debt ETFs served as a stamp of approve for the sector

ETF price wars may resume
MUTUAL FUNDS OCT 12, 2020
ETF price wars may resume

Big new entrants to the exchange-traded fund market are rolling out funds with low expense ratios

Robinhood users say accounts were looted
FINTECH OCT 09, 2020
Robinhood users say accounts were looted

Customers say they've been left in limbo since the popular app has no emergency phone number they can call