Bloomberg

Bloomberg
Displaying 13153 results
Treasuries can also be risky, Wall Street warns
INVESTING FIXED INCOME MAR 11, 2020
Treasuries can also be risky, Wall Street warns

Analysts caution that U.S. government bonds may be losing their effectiveness as a hedge

Robinhood maxed out credit line last month
ADVISOR NEWS FINTECH MAR 10, 2020
Robinhood maxed out credit line last month

The move came as the online brokerage suffered three different outages amid violent market swings

Wells Fargo CEO tells lawmakers bank has ‘sense of urgency’
RIAS PRACTICE MANAGEMENT MAR 10, 2020
Wells Fargo CEO tells lawmakers bank has ‘sense of urgency’

Charles Scharf told the House Financial Services Committee that the bank had a 'flawed business model' and that its 'culture was broken'

SEC employees told to ‘telework’ given possible virus case
RIAS PRACTICE MANAGEMENT MAR 10, 2020
SEC employees told to ‘telework’ given possible virus case

The commission confirmed a worker at its Washington headquarters was treated for respiratory symptoms and was being tested for coronavirus

Market slide puts focus on companies’ balance sheets
INVESTING EQUITIES MAR 10, 2020
Market slide puts focus on companies’ balance sheets

Stocks of companies with a lot of leverage could be hit hard if a credit crunch develops, analysts say

Robinhood app goes down for second time in a week
ADVISOR NEWS FINTECH MAR 09, 2020
Robinhood app goes down for second time in a week

The online brokerage was having problems with trading in equities, options and cryptocurrencies

Wells Fargo’s chair quits ahead of Capitol Hill hearing
RIAS PRACTICE MANAGEMENT MAR 09, 2020
Wells Fargo’s chair quits ahead of Capitol Hill hearing

Betsy Duke is scheduled to appear before the House Financial Services Committee Wednesday

Stocks tumble on oil shock
INVESTING EQUITIES MAR 09, 2020
Stocks tumble on oil shock

The news that the alliance containing global oil production disintegrated sent stocks plunging

Aon to purchase Willis Towers for $30 billion
INVESTING LIFE INSURANCE AND ANNUITIES MAR 09, 2020
Aon to purchase Willis Towers for $30 billion

The deal will combine the world's second- and third-biggest insurance brokerages

Stocks plunge most since financial crisis
INVESTING EQUITIES MAR 09, 2020
Stocks plunge most since financial crisis

The rout, spurred by tumbling oil prices and growing fear of the coronavirus, put the vitality of the longest-ever bull market in jeopardy