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Industry News

Displaying 28143 results

Topic

Binance’s bitcoin trading market share tumbles as rivals gain

World's largest crypto platform's share of trades drops from 81% to 55%.

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Solid start to wealth management deals in 2024: report

"We’re seeing continued deal flow of mid-sized and smaller RIAs, along with broker-dealers, too," one banker said.

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Ritholtz Wealth expands its California footprint

The $4B RIA has announced the opening of a new office branch in Los Angeles, led by a 15-year industry veteran.

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Alpha Capital taps industry vet as portfolio management lead

The outsourced family office, headquartered in Colorado, is welcoming an UHNW wealth advisor who managed more than $500M at Northern Trust.

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Goldman strikes deal to exit robo business

The banking behemoth is transferring its automated investing business to Betterment as it refocuses on its Wall Street operations.

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InvestmentNews Awards excellence awardees revealed

The inaugural awards night on June 20 will celebrate the industry's best and brightest. Did you make the list?

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Asset managers propose strategic partnership to expand US, global distribution

The proposal involves a Texas firm and the US operation of a European asset manager.

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Are earnings likely to grow? Wall Street strategists are split

The ability of Corporate America to deliver results is in question.

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LPL’s Chris Cassidy talks Atria deal, credit unions

'Credit unions are nonprofit institutions, so that creates a collaborative approach,' Cassidy says.

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Schroders announces senior leadership appointments

Global firm's equities business has a new co-head for developed markets.

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What does succession look like for $6B Armani?

An IPO or merger could be on the cards as the billionaire designer turns 90.

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Employers falling short of workers’ benefits expectations

Two national surveys examining employer-provided plans point to gaps in retirement confidence and health benefits.

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What’s a 401(k)? Two-fifths of Americans admit they don’t know

National poll reveals worrying knowledge gaps, demographic differences in financial habits, and popular money-saving strategies.

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Miracle Mile names new chief investment officer

The Los Angeles-based RIA’s latest hire will steer its investment research initiatives as the firm continues to court high-net-worth clients.

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Bankrupt GWG bonds not right for anyone: Finra arbitrator

By 2020, 'GWG had shown years of losses and large negative cash flows,' a securities arbitrator writes.

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HSA enrollees use health care services differently than those with PPOs, research shows

EBRI research also looks at spending for the two types of plan.

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Sotheby’s claims a first with $700M securitization backed by art-secured loans

Art financing unit announces groundbreaking milestone.

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Fed’s slower pace spreads to emerging markets

Rate cut bets in major Asian markets have eased.

Topic

Chili Peppers, Neil Young fund sells $2B catalog for a song

Concord to buy struggling Hipgnosis fund for around $1.4B.

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What Americans don’t know about finance is costing them dearly

Poll of 2,000 US adults finds financial knowledge gaps lead to thousands of dollars in losses, especially for Gen Z and millennials.