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Expatriates see 46 countries where they'd rather live in than the U.S.
PRACTICE MANAGEMENT SEP 07, 2018
Expatriates see 46 countries where they'd rather live in than the U.S.

Bahrain snags the top spot in annual poll, while the U.S. ranking sinks amid concerns about safety and affordable health care.

Star broker, now at Morgan Stanley, alleges sexual discrimination at UBS
REGULATION, LEGAL & COMPLIANCE SEP 07, 2018
Star broker, now at Morgan Stanley, alleges sexual discrimination at UBS

The complaint illustrates the persistence of such accusations among the nation's more than 600,000 securities brokers.

Former Morgan Stanley broker to plead guilty to insider trading
WIREHOUSES SEP 06, 2018
Former Morgan Stanley broker to plead guilty to insider trading

Michael Siva was one of seven people charged with securities fraud last year.

Wells Fargo said to face Justice Department probe of wholesale banking unit
WIREHOUSES SEP 06, 2018
Wells Fargo said to face Justice Department probe of wholesale banking unit

Latest problem for bank relates to whether employees improperly altered customer data.

Popularity of collateralized loan obligations widens thanks to demand from rich
FIXED INCOME SEP 05, 2018
Popularity of collateralized loan obligations widens thanks to demand from rich

Buyers have included affiliates of the Pritzker family, Bill and Melinda Gates, and the family office of Seattle Seahawks owner Paul Allen

House Republicans hit pause button on tax-reform legislation
REGULATION, LEGAL & COMPLIANCE SEP 04, 2018
House Republicans hit pause button on tax-reform legislation

Fears of antagonizing voters ahead of mid-term elections prompts GOP lawmakers to reconsider vote on bill.

JPMorgan Chase reaches settlement in race case
PRACTICE MANAGEMENT SEP 04, 2018
JPMorgan Chase reaches settlement in race case

The largest U.S. bank agrees to pay $19.5 million to members of class-action lawsuit alleging racial discrimination that's 'uniform and national in scope'

Massachusetts Financial Services fined $1.9 million by SEC for false advertisement
REGULATION, LEGAL & COMPLIANCE SEP 04, 2018
Massachusetts Financial Services fined $1.9 million by SEC for false advertisement

The firm advertised the superiority of a hypothetical portfolio that used back-tested quantitative research.

Millionaire boom in Asia pushes highest rate hike in decade for wealth managers
RIA NEWS SEP 04, 2018
Millionaire boom in Asia pushes highest rate hike in decade for wealth managers

Those willing to jump to rival are seeing increases of 30% or more in Hong Kong and Singapore.

Fidelity sees two zero-fee index funds rake in almost $1 billion in first month
RIA NEWS SEP 04, 2018
Fidelity sees two zero-fee index funds rake in almost $1 billion in first month

The Fidelity Zero Total Market Index Fund attracted $753.5 million, while the Fidelity Zero International Index Fund drew in $234.2 million.