Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Bank Stocks Emerge From Silicon Valley Bank Collapse Shadow
By Bre BradhamThe rally has boosted Fifth Third Bancorp and Western Alliance Bancorp, as well as JPMorgan and Wells Fargo.
December 18, 2023
Bob Doll Grades His 10 Predictions for 2023The veteran prognosticator called 2023 "one of our worst years" in terms of correct predictions.
December 18, 2023
S&P 500 to Hit 5,100 in 2024: Goldman SachsThe bank's strategists join Wall Street peers like Bank of America in expecting a fresh high for the index next year.
December 14, 2023
JPMorgan to Unplug Its Robo-Advisor, Citing Weak DemandAutomated investing hasn't become profitable for many in the industry, "including us," the company said.
December 14, 2023
Envestnet Explores Sale of YodleeThe TAMP wants to solicit interest from potential buyers of the data aggregator, which it acquired for $590 million in 2015.
December 14, 2023
Blackstone Goes All-In on Taylor Swift FandomFor its yearly holiday video, the private equity firm goes all-in on its infatuation for the singer and songwriter.
December 14, 2023
Citigroup Offers Partial Early Bonuses to Encourage Staff DeparturesAlong with the bonus awards, employees who accept the offer could also keep all of their deferred stock awards.
December 14, 2023
UBS Intensifies Cash Clawback From Credit Suisse DefectorsThe bank's law firms are threatening legal action if the required amounts, estimated at under $750 million, aren't returned.