The government's second reduction in the penalty threshold this year comes as 2017 tax overhaul leaves many with surprise tax bills.
Judge puts off approving a settlement related to bank's fake accounts, and Fed chairman Powell says Fed not ready to lift growth ban.
Index funds have exploded into a $7 trillion industry, but the sector now faces slower asset growth and declining revenue from fees.
ETFs based in London and New York together attracted around $327 million in new money since January.
Acquiring the Investment Advisory Services unit gives Goldman a way to market its ETFs via model portfolios.
Damage from scandals is forcing bank to develop new ways to motivate staff while spending more on compliance.
BlackRock, Vanguard and DWS Group charge an average of $2 for every $1,000 invested, half the median fee for such funds in the U.S.
Gregory Stevens and Vince Spires join employee unit in Ocala, Fla.
He received $2.4 million in salary and $14 million of restricted stock linked to performance goals.
The deal produces a combination that can rival Blackstone Group.
