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Just say no to Goldman’s executive comp plan, investors urged
INDEPENDENT BROKER DEALERS APR 04, 2024
Just say no to Goldman’s executive comp plan, investors urged

Proxy voting firm cites ‘significant disconnect between pay and performance’ following CEO Solomon’s $31 million payday.

Stocks, bonds gain as Powell signals rate cuts are ahead
EQUITIES APR 04, 2024
Stocks, bonds gain as Powell signals rate cuts are ahead

US jobs report due Friday is a key focus for the market.

Gold at new record high for 4th time this week
ALTERNATIVES APR 04, 2024
Gold at new record high for 4th time this week

Rate-cut expectations and demand are driving bullion prices.

Kiss banks $300M with sale of song catalog
RIA NEWS APR 04, 2024
Kiss banks $300M with sale of song catalog

The band is also selling its name and image rights to Abba Voyage firm.

Blackstone REIT paid out more than it took in last year
ALTERNATIVES APR 03, 2024
Blackstone REIT paid out more than it took in last year

The fund paid out more than $2.8 billion in distributions during 2023, exceeding its cash flows of $2.7 billion, according to its annual report.

Elderly client suing JPMorgan over investment losses faces court setback
INDEPENDENT BROKER DEALERS APR 03, 2024
Elderly client suing JPMorgan over investment losses faces court setback

The client and his wife sued over investments that they allege should not have been allowed and that ended up wiping out much of a fortune once pegged at more than $50 million.

Stocks continue decline amid weaker rate-cut expectations
EQUITIES APR 03, 2024
Stocks continue decline amid weaker rate-cut expectations

Data continue to suggest the Fed and others will be reluctant to cut.

Will Wall Street banks avoid tough new climate-risk rules?
RIA NEWS APR 03, 2024
Will Wall Street banks avoid tough new climate-risk rules?

Potential for global rules has reportedly been thwarted by the Fed.

CalPERS taps New Zealander as new CIO for $495B fund
RETIREMENT PLANNING APR 03, 2024
CalPERS taps New Zealander as new CIO for $495B fund

Stephen Gilmore currently oversees New Zealand's sovereign wealth fund.

Bonds decline as traders weigh fewer Fed rate cuts
FIXED INCOME APR 02, 2024
Bonds decline as traders weigh fewer Fed rate cuts

This week's jobs data could confirm expectations that Fed rate cuts will be scaled back.