Bank Overseer Lawsky to Depart, After Making New York $6B Richer
Benjamin Lawsky will step down next month as New York’s top bank regulator. He plans to set up a cybersecurity consulting firm.
Sallie Krawcheck: Ellevating Leadership—The 2015 IA 35 for 35
Ellevate Network’s leader stresses the importance of women to management and to the industry.
PIMCO Funds Down, Not Out (Yet): Morningstar
Still, the group has lost 37% of its assets since January 2014, Morningstar research shows.
Europe Is a ‘Re-Emerging Economy’ for U.S. Investors
Europe is now institutional investors’ No. 1 foreign investment target, followed by Asia and sub-Saharan Africa, according to a survey by Armstrong International.
Many Fed Officials Said June Liftoff Unlikely, Minutes Show
Fed officials last month didn’t expect to raise rates in June even as they concluded that a first-quarter economic slowdown was unlikely to persist.
10 Best States for Military Retirees: 2015
WalletHub ranks the best states for former servicemembers based on their economies, quality of life and health care.
On Wall Street, if You Earn More You Cheat More, Study Finds
More than a third of the highest paid financial professionals have firsthand knowledge of wrongdoing, and many say compensation plans incentivize lawbreaking, the study found.
SEC Wants Form ADV Changes
The SEC approved Wednesday a plan to require advisors to provide more data on separately managed accounts, branch offices and social media on Form ADV.
Six Banks to Pay $5.8 Billion, 5 Plead Guilty to Market Rigging
The charges and settlement are tied to the banks' manipulation of foreign-exchange trading, according to the Justice Department.
SEC Said to Propose That Mutual Funds Disclose Risk of Rate Rise
The SEC is set to propose a requirement that mutual-fund companies report how vulnerable their bond portfolios are to interest-rate changes, two people familiar with the matter said.