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IEA says oil demand is slowing sharply
Agency says key countries are showing signs of economic slowdown.
Merrill again faces client complaint over yields on cash
Merrill has consistently been the brokerage firm paying the lowest rates on swept cash, according to a suit filed by Merrill Edge client.
Citi offers to pay partial bonuses to encourage departures
The bank's offers to a limited number of staff are part of the Wall Street giant's continued restructuring efforts.
Are we nearing the end of the inverted yield curve?
Survey reveals most advisors think 2-year US Treasury has peaked as clients shift more assets into fixed income.
NewEdge Capital hails record year for recruiting advisors, adds almost $10B AUM
The firm has seen exponential growth and expanded its footprint.
Does COP28 deal mean the end of fossil fuels?
In theory there will be a shift, but don’t expect it to happen fast.
Even the world’s No. 1 ESG fund has boosted oil, gas exposure
$5T fund has made a significant increase in fossil fuels since new regs were introduced.
Apollo hires BlackRock veterans for wealth, insurance units
The firm is targeting $1 trillion in assets by 2026.
Is it finally time to shelve recession fears?
Of the US economy's three options — soft landing, recession or reacceleration — the first seems the most likely.
Wells Fargo Advisors highlights bump in compensation for $1M producers
The wirehouse is emphasizing better pay for advisors who sell alternative investments and offer loans to clients.
From engineering to financial services
Advisor has made it his mission to help fellow immigrants navigate the financial landscape.
From hedge funds to impact investing
‘Actually getting to work one-on-one with people just really hit home for me’
‘We decided not to be each other’s bosses’
Husband-and-wife team explain how they built a successful practice … and stayed married.
Good planning means clients can live their own stories
Marguerita Cheng was taught a valuable financial lesson by her father – that planning is a way of showing love for others.
Consumer prices pick up in bumpy path down for inflation
New data reinforces Fed’s determination to keep interest rates elevated.
Webull hires former Cboe executive to head up derivatives, strategy
Seasoned leader adds decades of financial experience to online brokerage.
Private equity investors positive on AI, SEC’s private funds rules
LPs are using the technology more and also keen to invest in AI firms.
CPI data set to open door for Fed cuts, says Bloomberg Economics
Tuesday's stats are likely to show US consumer prices have stabilized.
Citi believes carbon credits market still has potential
The unregulated segment of climate finance remains controversial.
More Wells Fargo execs follow Kowach to startup
Launched over the summer, &Partners is replete with executives from Wells Fargo Advisors.
