Bloomberg

Bloomberg
Displaying 13045 results
Average Fidelity 401(k) balance increases sixfold over past decade to almost $300,000
RETIREMENT PLANNING MAY 09, 2019
Average Fidelity 401(k) balance increases sixfold over past decade to almost $300,000

Gen X investors saw average accounts rise to $268,900 from $37,000.

Money manager who stole $500 million serves a quarter of his 20-year prison term
REGULATION, LEGAL & COMPLIANCE MAY 09, 2019
Money manager who stole $500 million serves a quarter of his 20-year prison term

Stephen Walsh of WG Trading is ordered released from prison after arguing that his lawyers were ineffective.

Nobel laureate Richard Thaler accepts advisory role at Pimco
RIA NEWS MAY 09, 2019
Nobel laureate Richard Thaler accepts advisory role at Pimco

Mr. Thaler will research decision-making around retirement saving.

'Death by Amazon' gauge exposes gulf between retail ETFs
ETFS MAY 09, 2019
'Death by Amazon' gauge exposes gulf between retail ETFs

Some exchange-traded funds have big positions in Amazon, while others are investing in companies the online giant is slowly killing.

ETFs threaten to 'amplify' systemic risk when liquidity dries up
ETFS MAY 09, 2019
ETFs threaten to 'amplify' systemic risk when liquidity dries up

Report from Moody's raises the possibility that ETF market makers might step away during market turmoil.

Fidelity launches fund focused on female leadership
RIA NEWS MAY 08, 2019
Fidelity launches fund focused on female leadership

Gender-focused strategies are growing in popularity with socially conscience investors.

Wealthy US investors sitting on cash despite optimism in economy
EQUITIES MAY 07, 2019
Wealthy US investors sitting on cash despite optimism in economy

UBS survey: Biggest worries were political environment, followed by national debt and health-care costs.

Maxine Waters puts bank chiefs in hot seat and gets results
REGULATION, LEGAL & COMPLIANCE MAY 06, 2019
Maxine Waters puts bank chiefs in hot seat and gets results

House Financial Services Committee chairwoman is also preparing a hearing with executives from U.S. regional lenders.

Fidelity to start trading bitcoin
ALTERNATIVES MAY 06, 2019
Fidelity to start trading bitcoin

Move puts firm a step ahead of top competitors on sidelines

Conflicting tax information creates 'nightmares' for some investors
RIA NEWS MAY 06, 2019
Conflicting tax information creates 'nightmares' for some investors

Brokerage tax statements don't always reflect all of an investor's accounts or original costs.