Subscribe

Industry News

Displaying 28112 results

Topic

Snowden Lane Partners adds $208M mother-son advisor team in New York

The advisors become managing directors at the firm’s headquarters.

Topic

Raymond James indie channel is next step for $123M advisor

Latest addition continues 2024 run of advisors joining the firm.

Topic

Goldman Sachs now says Fed won’t cut until June

Latest outlook pushes the firm’s expectation back by one month.

Topic

Pimco $22B inflows ‘absolutely stunning,’ says Allianz CEO

Investment firm's first six weeks of 2024 almost matches the whole of 2023.

Topic

Why one Fidelity manager has sold most US Treasuries

Majority of his funds' 10-year and 30-year Treasuries have been sold.

Topic

Short sellers targeting B. Riley in smear campaign, sources say

Short sellers' claims against B Riley are 'often accompanied by outrageous personal harassment,' the company says.

Topic

Merit unveils independent advisor affiliate model

'Think of it as a form of courting, a time for a firm owner to ‘date’ a prospective partner before ‘marrying’ and making the decision to merge or be acquired,' Merit CEO Rick Kent says.

Topic

AlTi’s upper-high-net-worth ambitions get $450M boost

The global wealth and alternatives manager is getting strategic investments from Allianz X and Constellation Wealth Capital.

Topic

New role announced for Nitrogen co-founder and former CEO

Aaron Klein brings two decades of experience to wealthtech consultancy.

Topic

Financial crime compliance costs reach $61B for financial institutions  

LexisNexis report reveals almost all firms in the US and Canada are affected.

Topic

Nvidia earnings outpacing its stock, which is still relatively cheap

With AI soaring, the chipmaker keeps delivering for investors.

Topic

Private credit for infrastructure is soaring, at banks’ expense

The market is set for long-term growth amid energy transition.

Topic

Nikkei smashes 1989 record to enter uncharted territory

Asian tech stocks are rallying and Japan’s equities are on fire.

Topic

One of Wall Street’s highest-flying women is reportedly quitting

Goldman Sachs executive had been tipped for CFO and other top roles.

Topic

Former Triad broker’s medical company loses Florida real estate judgment

"This is more bad news," says a plaintiff's attorney.

Topic

Biden administration cancels $1.2B of federal student loans

The move wipes out loans for those who borrowed less than $12,000 for their higher education.

Topic

Citi boosts CEO Jane Fraser’s pay to $26M

The increase comes after Fraser initiated what's billed as the largest reworking of Citigroup in decades.

Topic

World’s biggest wholesale banks face slowdown in growth, warns Bain & Co.

Growth could even turn negative as era of cheap money and ultra-low rates ends.

Topic

Emerging-market stocks set to erase losses as valuations entice investors

After a $1 trillion wipeout, emerging markets are back in favor.

Topic

Hedge funds have cut back on Magnificent Seven holdings

Funds were net sellers of big tech stocks in the fourth quarter.