Trump Will Make Orthodox Choice for Fed Chair: PIMCO Bond Chief
By Michael Mackenzie and Alice GledhillPowell isn’t due to bow out until May, but the president has indicated he has various candidates in mind.
July 11, 2025
SEC’s Peirce Says Tokenized Securities Must Comply With RulesPutting digital versions of stocks on a blockchain doesn’t mean companies can skirt securities laws, she said.
July 11, 2025
Angry Customers Report Glitches on Schwab's Thinkorswim Platform After Market OpensThe trading platform experienced technical troubles and login issues Friday morning.
July 11, 2025
F2 Strategy Scoops Up Asset Servicing FirmThe deal to buy Aliter Investment Services is the firm's second purchase this year.
July 10, 2025
Fintech iCapital Raises $820MThe alternatives platform provider says it is now valued at $7.5 billion.
July 10, 2025
RBC Recruits $1.7B Ex-UBS Team for New Downstate NY BranchThe eight-member team joined RBC’s new branch in Westchester, New York.
July 10, 2025
Merrill Ordered to Pay Clients Nearly $3.7M Over PE Investments“This is the largest FINRA customer award against Merrill Lynch this decade," the clients' lawyer said.
July 10, 2025
Sanctuary Wealth Adds $580M Private Wealth AdvisorThe news comes about two months after the hybrid RIA added a $2.2 billion group from UBS.