Morgan Stanley Replaces Executive Tied to Block-Trade Probe
Morgan Stanley tapped Arnaud Blanchard to replace Pawan Passi, the executive put on leave amid a sweeping U.S. probe.
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Kingswood U.S. RIAs Consolidate under the Kingswood Wealth Advisors Brand
Kingswood U.S. announced it will consolidate its two SEC-registered RIAs, Benchmark Advisory Services, LLC and Kingswood Wealth Advisors.
UBS to Offer 100% Remote Work Option for Eligible US-based Employees
UBS announced new industry-leading approach to flexible working. It will provide US employees in eligible roles with opportunity work 100% remotely.
ARKK’s Best-Ever Week Still Leaves Plenty of Lost Ground in 2022
A staggering week of gains in Cathie Wood’s flagship exchange-traded fund has done little to repair balances for investors.
Bank of America Will be Biggest Winner from Main Street Banking Boom: Analyst
Main Street banking is poised to see the best growth since the 1980s, and Bank of America (BAC) will be the biggest winner.
Robinhood Readies Feature That Lets Users Lend Out Stocks
Robinhood Markets Inc.’s plan to let users loan out their stocks to other financial institutions -- a program known as fully paid securities lending.
Trafigura Seeks Funding as Commodity Surge Triggers Margin Calls - Bloomberg News
Global commodities trader Trafigura Group has been holding talks with private equity groups to secure additional financing.
