JPMorgan Must Face Claims Over Son’s Fleecing of Elderly Mom
By Chris DolmetschFirms are facing more scrutiny over their responsibility for losses of aging clients with possible cognitive limitations.
August 18, 2025
New AI Tool Can Open Accounts in Under 20 Minutes: CambridgeThe digital associate, in the early rollout stages, will work with — and not replace — staff, the firm says.
August 18, 2025
Edward Jones Plans Home Office Layoffs This MonthThe firm now has about 9,000 home office employees serving its roughly 20,000 financial advisors and their clients.
August 18, 2025
Biden-Era Fiduciary Rule on Hold, AgainThe DOL has requested a third 60-day extension to consider next steps in the consolidated federal court case.
August 18, 2025
BofA’s Hartnett Says Stocks to Falter After Jackson HoleHe reiterated a preference for international equities over U.S. peers, a call that has proved correct this year.
August 18, 2025
Billionaire Family Offices Join Berkshire’s UnitedHealth BetSome of the world’s wealthiest people joined Warren Buffett’s firm in buying shares of the embattled insurer in Q2.
August 18, 2025
Vanguard Plans for Its Most Expensive ETFs YetTwo of the actively managed funds will carry expense ratios of 0.35%-0.40%, according to a spokesperson.
August 16, 2025
Judge Rejects BofA’s Move to Dismiss ‘Misuse’ of 401(k) LawsuitA North Carolina judge says the suit tied to forfeited retirement funds left behind by departing staff must move forward.