Schwab's CEO Clarifies Its Response to Reddit-Inspired Rally
By Jeff BermanSchwab and TD Ameritrade did "restrict certain advanced options strategies," CEO Walt Bettinger said about the firms' actions last week.
February 02, 2021
Wells Fargo Drops CEO Pay to $20MThis puts Charlie Scharf's compensation behind that of Morgan Stanley's James Gorman but ahead of Goldman's David Solomon.
February 02, 2021
O'Shaughnessy Custom Indexing Platform Tops $1BFirm's CEO sees further growth ahead, as "investors will no longer want to settle for investing fully in someone else's formula. Investors will want their own."
February 02, 2021
SEC Creates New Senior Role Focused on Climate Change, ESGSatyam Khanna, a former counsel to ex-Commissioner Robert Jackson, will be the agency's first senior policy advisor on climate and ESG.
February 02, 2021
Consumer Group Asks for COVID-19 Underwriting TransparencyJ. Robert Hunter and James Hunt, representatives of the Consumer Federation of America, say new restrictions should "meet standards for reasonability."
February 02, 2021
12 Worst States for Retirement: 2021WalletHub graded the states on 45 metrics tied to affordability, quality of life and health care.
February 02, 2021
Investment Firm Closes on Global Atlantic AcquisitionA $4.7 billion deal makes KKR a major player in the U.S. annuity market.
February 02, 2021
Year-End Stimulus: What Changed for Retirement Plan ParticipantsThe Consolidated Appropriations Act of 2021 did not continue much retirement-related relief into the new year.