Employees at the auction house nudged wealthy clients to use questionable strategies in order to dodge millions in taxes, according to New York's attorney general.
Wall Street strategist argues aggressive tariff moves will create a "stagflation elixir" from countries exchanging economic blows.
The muni tax exemption is under the spotlight as Republicans edge closer to total control.
The exuberance following his second presidential victory created a risk-on mood among traders, with $18 billion of new money plowed into US equity strategies.
Trump's victory at the polls extends a string of good news for US banks, including a sunny lower-rate outlook and a potential dealmaking revival.
Despite recent weakness clouding the economic environment, the team expects stocks will be able to digest higher bond yields.
The competition among issuers is getting even more heated as rival firms launch copycat products with similar labels on exchanges.
Mounting concerns around emerging market debt, including a coin-toss presidential race, sparked significant outflows in October.
The novel structure could add even more fuel to the $1T market for US-listed ETFs, but it's also drawing concern from experts and investor advocates.
The alliance aims to package "the best of both" private and public investments into a new hybrid category.
