Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman's CEO Says He's Optimistic About 2024 as Markets Rebound
By Sally BakewellLast year, the bank embarked on one of its biggest rounds of job cuts ever, eliminating 3,200 jobs.
March 14, 2024
JPMorgan Fined $348M for Gaps in Trading SurveillanceThe Federal Reserve said the bank's inadequate monitoring practices occurred between 2014 and 2023.
March 14, 2024
S&P Would Need to Rise 20% to Look Like '90s Bubble: SocGenThat suggests the stock market can continue its sharp advance despite brewing worries that it has run up too far.
March 14, 2024
Schwab Sees Bounce in February ResultsNet new assets surged 114% from January but were down 24% from a year earlier.
March 12, 2024
4 'Reasonable' Choices, If You Must Own U.S. Stocks: GranthamThe contrast between market enthusiasm and global risks seems "extreme, illogical and dangerous," Grantham wrote in a recent note.
March 12, 2024
There's No Reason to Raise S&P 500 Target: Morgan Stanley's Wilson"We have a situation where people are reaching for risk because there is FOMO," the strategist said.
March 12, 2024
UBS Catch-Up on U.S. Wealth Market Will Take Time: ErmottiThe Swiss bank plans to use parts of Credit Suisse's more muscular investment bank to serve its wealth management clients.
March 12, 2024
Vanguard Watchers Baffled Over CEO's Retirement NewsThe leader of one of the world's largest asset managers announced his exit without naming a successor, inviting questions.