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 Lifts Jane Fraser's Pay to $26M
By Todd GillespieThe pay package for Fraser, the only female head of a U.S. banking giant, remains the lowest of her cohort.
February 20, 2024
Best & Worst Broker-Dealers: Q4 Earnings, 2023Six large BDs reported a drop in earnings in the final quarter of 2023.
February 19, 2024
Goldman Lifts S&P 500 Target With Profit Optimism to Drive RallyStrategist David Kostin sees the index rising to 5,200 by year-end, implying a nearly 4% rise from Friday's close.
February 16, 2024
Eli Lilly's Climb Has Morgan Stanley Asking the $1T QuestionAmong its product lineup is Zepbound, recently approved for weight loss and predicted to become the best-selling drug in history.
February 16, 2024
Wall Street's ESG Backlash Spurs Jump in ETF ClosuresIn 2023, 36 ESG-labeled ETFs were liquidated in the Americas, more than double the prior year, according to Bloomberg Intelligence data.
February 16, 2024
Goldman Raises CEO Pay 24% After Firm's Profits Slump 24%David Solomon's pay jump to $31 million was greater than every other large bank CEO whose compensation has been disclosed.
February 16, 2024
Wells Fargo Consent Order for Fake Accounts Ended by RegulatorThe 2016 order had required it to revamp how it offers and sells products and take other steps to protect clients and staff.
February 15, 2024
Burt White: 'If We Lose the Humanity, We're Toast'Carson Group is looking to the future and has big M&A plans, the exec tells ThinkAdvisor.