Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Citigroup to Pay $25.9M for Armenian-American Discrimination
By Daniel Taub & Jenny SuraneFrom 2015 to 2021, it singled out credit card applicants suspected of being of Armenian descent based on their surnames.
November 06, 2023
Stocks Hold Gains After Big Rally on Fed RatesBut a rally in stocks could be short-lived since equities don't fully reflect rates remaining higher for longer, says one analyst.
November 03, 2023
At Dynasty, Ex-CNBC Anchor Reports for a New AudienceRon Insana says his new market strategist role is what he's always done but "in a different vertical."
November 02, 2023
Skip Schweiss: RIAs Can't Afford to Ignore These Big TrendsA fast-evolving set of risks and opportunities is challenging late-career workers, retirees and advisors, Schweiss says.
November 02, 2023
Vanguard Launches Global Dividend Growth FundThe investment product seeks to provide a growing income stream and long-term capital appreciation in international stocks.
November 01, 2023
Schwab Layoffs of 2,000 Have BegunThe firm says it's cutting 5%-6% of its workforce, which totaled 35,900 on Sept. 30.
October 31, 2023
Growth of Indie RIAs Rolls On: CerulliAs more advisors move into it, the RIA channel is poised to control nearly one-third of industry assets by 2027.
October 31, 2023
Buy These Stocks After Rout: JPMorgan's KellyThe latest leg down in stocks and a solid earnings season give investors an opening, says the global market strategist.