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UBS market cap smashes $100B threshold
WIREHOUSES MAR 19, 2024
UBS market cap smashes $100B threshold

It's been one year since the firm’s takeover of Credit Suisse.

SEC sues two firms over bogus AI claims
REGULATION, LEGAL & COMPLIANCE MAR 18, 2024
SEC sues two firms over bogus AI claims

Delphia and Global Predictions both made 'false and misleading statements' about their use of artificial intelligence, the SEC says.

B. Riley fails to file audited results
INDEPENDENT BROKER DEALERS MAR 18, 2024
B. Riley fails to file audited results

The broker-firm, whose stock has been battered by concerns about its dealings with a former business partner, says it will file 'as soon as reasonably practical.'

Markets optimistic ahead of Fed meeting
RIA NEWS MAR 18, 2024
Markets optimistic ahead of Fed meeting

The central bank will announce its latest rates decision this week.

Bond yields could disrupt equities rally: Morgan Stanley
EQUITIES MAR 18, 2024
Bond yields could disrupt equities rally: Morgan Stanley

Strategists warn that the rally faces tests this week.

Commodity trading profits pass $100B globally
RIA NEWS MAR 18, 2024
Commodity trading profits pass $100B globally

Last year marks the second-best year for the industry.

UBS has more diversified business than Morgan Stanley: JPMorgan analysts
WIREHOUSES MAR 15, 2024
UBS has more diversified business than Morgan Stanley: JPMorgan analysts

The Swiss bank has a better wealth management franchise than Morgan Stanley outside the U.S., JPMorgan analysts say.

Uh-oh! Are we facing a bitcoin bubble?
ALTERNATIVES MAR 15, 2024
Uh-oh! Are we facing a bitcoin bubble?

Cryptocurrency has eased from its recent record high.

Stocks pause as market digests latest US inflation stats
EQUITIES MAR 15, 2024
Stocks pause as market digests latest US inflation stats

CPI data suggests Fed will hold rates again next week.

Investors shun stagflation fears with record inflows to US equities
RIA NEWS MAR 15, 2024
Investors shun stagflation fears with record inflows to US equities

BofA strategists says $56 billion flowed into US equity funds in week ended March 13.