BNY Mellon's Pershing Realigns U.S. Business
By Jeff BermanEffective May 1, the firm will be newly aligned under two main segments: Wealth Solutions and Institutional Solutions.
April 21, 2021
House Passes Bill Requiring SEC, CFTC Digital Assets Working GroupMeanwhile, a bill that would end mandatory arbitration in financial services has re-emerged.
April 21, 2021
Anthem Increases Medicare Advantage Enrollment 15%Both net income and revenue were up, in spite of the pandemic.
April 21, 2021
Tax Rules Shape U.S. Life COVID-19 Impact: Fitch AnalystsFor life reinsurers, the impact has ranged from $5 million to $25 million per 10,000 total U.S. deaths.
April 20, 2021
RIA Sequoia Financial Strikes Deal, Pushing Assets to $7BThe merged Ohio firms will operate under the Sequoia name in Colombus and have about 110 employees.
April 20, 2021
FINRA Suspends Broker Named as Client TrusteeThe broker, now at Waddell & Reed, violated Cetera's broker-as-beneficiary rules, FINRA says.
April 20, 2021
Genworth Files 'Red Herring' for Mortgage Insurance Unit IPOThe unit says its parent's challenges in the long-term care insurance business could cause headaches.
April 20, 2021
Goldman Reveals Black Workforce Numbers for the First TimeOf the bank's 1,548 U.S. executives, senior officials and managers, 49 — or 3.2% — are Black. Overall, Blacks account for 6.8% of its U.S. workforce.