Deutsche Bank said its working to boost its investment in green bonds to 1 billion euros ($1.1 billion), joining competitors including Citigroup and Barclays in tapping profit from the quickly growing market.
Julius Baer Group is advising clients to switch out of Swiss franc cash accounts, saying it will refrain for now from emulating competitors by imposing new fees on such deposits.
Commodities headed for the biggest annual loss since the global financial crisis in 2008, retreating for a record fourth year.
The largest U.S. ETF that tracks mainland Chinese stocks posted a record eighth week of inflows amid speculation that easing of monetary policies will help extend equity gains in Asias biggest economy.
Heres an early Christmas present for the economists of Wall Street.
When it comes to the ability of the U.S. government to finance itself in the bond market, this year will go down as as one of the best on record -- and dealers say 2015 will be no different.
The president's decision to bolster ties with the island nation will likely give banks relief from sanctions, as well as expanded opportunities for money transfers and the financing of U.S. exports.
With investors increasingly looking to U.S. stocks and turning away from emerging market equities, many advisors are urging clients to rebalance into that sector. But each of the BRIC countries has its problems.
Wealth management profit increased 41% to C$285 million from a year ago as fee-based client assets rose, while insurance more than doubled to C$256 million.
Royal Bank of Canada is exiting wealth management in the Caribbean, extending a retreat in its international wealth business that began last year in Latin America.
The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.
Despite a decrease in profit in its wealth management division, Credit Suisse Group, Switzerlands second-biggest bank, reported third-quarter profit that beat analysts' estimates as revenue from trading fixed- income products soared.
The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear its running out of engines.
Investors betting on a rebound in Russian stocks are piling into the benchmark exchange-traded fund for the market at the fastest pace in six months.
Gold investors saw their precious metal struggle last year after hitting an all-time high in 2011today many advisors remain bearish.
Commodities fell to the lowest level in more than five years on signs demand growth is weakening in China, the biggest consumer of energy and metals, and on speculation U.S. borrowing costs may rise next year.
Treasuries are the worlds worst- performing bonds this quarter amid concern investors are underestimating risk the Federal Reserve will raise borrowing costs next year.
Credit Suisse Group added private banking to its operations in Toronto as the lender seeks to win business from Canadas wealthiest individuals.
When it comes to predicting where U.S. borrowing costs are headed, the bond market isn't taking Wall Streets advice seriously.
Royal Bank of Canada, the first Canadian lender to report third-quarter results, said profit rose 4% to a record, led by investment banking, and boosted its dividend by almost 6%.
Emerging-market stocks headed for the biggest weekly jump since March on speculation China will take steps to support the economy and as Russia pledged to de- escalate the conflict in Ukraine. Malaysias ringgit rose.
The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality.
UBS is facing more than $600 million in damage claims filed by Puerto Rico investors in closed-end bond funds, the bank said in its second quarter earnings report Tuesday.
Julius Baer Group, Switzerlands third-largest wealth manager, said its affluent Russian clients were less active in the first half of the year amid political tensions in the region.
Treasuries fell for the first time in three days, with benchmark 10-year yields rising from a seven-week low, as haven demand ebbed a day after a Malaysian airliner was shot down over Ukraine.
Puerto Rico Gov. Alejandro Garcia Padilla came out swinging with a defense of his economic and fiscal programs after Moody's Investors Service lowered the island's credit ratings farther into junk territory.
Barclays was so bent on lifting its private trading venue to the upper ranks of Wall Street dark pools that it lied to customers and masked the role of high- frequency traders, according to New Yorks attorney general.
Most of the worlds economic growth will come from outside the U.S, yet most American investors are still under-diversified in international assets.
With Europe still slowly muddling its way to recovery, investors looking for returns in developed nations should give Japan a second look, argue two experts.
The boom in fixed-income derivatives trading is exposing a hidden risk in debt markets around the world: the inability of investors to buy and sell bonds.
Leuthold Global ranges broadly, hoping to find themes that are in favor no matter what the markets throw its way.
Royal Bank of Canada, the first Canadian lender to report second-quarter results, posted profit that beat analysts estimates on record earnings from wealth management and a lift from trading.
Mohamed El-Erian, who quit Pimco in January amid reports of clashes with Bill Gross, said the legendary bond manager is still one of the world's great investors.