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Yen Soars As Japan Intervenes After Issuing ‘Final’ Warning
(Bloomberg) - The yen surged as much as 3%, its biggest intraday gain in almost two years, after Japan intervened in the foreign-exchange market, hours after officials delivered a “final” warning to investors against selling the
Beyond the Call Center: Fiduciary Trust Shows Custody Still Matters in Wealth Management
Fiduciary Trust’s custody model prioritizes speed, service, and advisor relationships—keeping operations in-house to facilitate client service.
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Gold Continues To Command A Constructive Outlook Among Leading Wealth Managers
Despite a pullback from levels reached ahead of the recent US–Iran tensions, gold continues to command a constructive outlook among leading wealth managers.
FSI Submits Comment Letter On DOL’s 2026 Independent Contractor Rule Proposal
(Financial Services Institute) - Today, the Financial Services Institute (FSI) submitted a comment letter to the Department of Labor (DOL) in support of the Department’s independ
Fed Meeting Today: Central Bank 'Firmly Parked' On Interest Rate Pause
The Federal Reserve maintained its target rate range at 3.50%–3.75% for a third consecutive meeting, citing elevated energy prices and heightened geopolitical uncertainty tied to the Iran conflict.
Trump Tells Aides To Prep For Lengthy Hormuz Blockade, Report Says
President Donald Trump told his aides to prepare for an extended US Naval blockade of the Strait of Hormuz the Wall Street Journal reported.