Subscribe

Industry News

Displaying 28149 results

Topic

Economists believe Fed has gone too far in restrictive policy

It's the most critical view of the NABE in 13 years.

Topic

Private equity returns have slumped, says Raymond James

Returns to investors are at their worst level since the financial crisis.

Topic

Janus Henderson index suggests Fed will achieve soft landing

Credit risk indicators have stopped flashing red for the first time since rate hikes began.

Topic

Financial infidelity, credit card debt behind one-third of divorces

A poll of divorced Americans sheds light on the role of debt in separations and the financial fallout for divorcees.

Topic

Sustainable investing interest growing globally, Morgan Stanley says

International poll shows US investors are allocating more of their portfolios toward sustainability compared to their peers overseas.

Topic

Citizens Financial advances high-net-worth ambitions with key hires

The bank has recruited two JPMorgan execs to help build out its private banking and wealth management businesses.

Topic

Cambridge, Lincoln among firms hit by SEC’s $81M fine blitz

Text messaging issues at broker-dealers and RIAs could have been avoided with some regulatory guidance, compliance expert says.

Topic

Goldman Sachs sued again by Hollywood business managers

Following a failed California lawsuit, M&A client is trying again in New York.

Topic

SEC approves rule requiring hedge fund strategy disclosures

Funds will be required to share more information with regulators.

Topic

No bonus for weakest performers at global investment bank

Top dealers could get 10% while others are zeroed out.

Topic

Black Americans more optimistic, but still face financial challenges

Limra research reveals concerns around retirement, disability, and unexpected emergencies among Black adults.

Topic

Fidelity executive leadership undergoes another shakeup

CEO Abigail Johnson rotates top talent yet again on the back of the fund company's robust 2023 performance.

Topic

Bond trader who blew up Atlanta B-D found guilty in fraud case

'Somewhere in the firm's systems, a big, flashing red light should have gone off,' one attorney says.

Topic

T. Rowe Price appoints new leaders for intermediaries channel, retirement plan services

There are also new co-heads of USI Wealth Management.

Topic

Pricing climate risk is proving tricky for money managers

Lack of reliable data is a key reason for the challenge.

Topic

Bitcoin miners claim US ‘abuse of authority’ over energy data

The industry faces scrutiny over high use of energy to mine cryptocurrency.

Topic

KKR sees ‘trillions’ of retail investor dollars moving to alts

'Mass affluent individual investors historically have not had an easy way to access these types of products and strategies,' senior KKR executive says.

Topic

CFP Board lauds progress among Black financial planning professionals

Professional body for financial planners reflects on achievements and pledges continued support.

Topic

Embattled bank’s shares oscillate after it says deposits rose

The company has been under pressure since recent acquisitions triggered additional regulatory scrutiny.

Topic

Active ETF momentum among key themes in ‘vibrant’ transition of funds

Report highlights several trends underlying the continued strength of the ETF industry.