Portfolio

So far this month, an average of 99 billion shares in companies that don’t trade on classic exchanges have changed hands each day.

The firm that traditionally only served the ultra-wealthy will now manage accounts as small as $1,000.

Financial firms globally have raised about $25.5 billion of sustainable-linked debt this year, according to data compiled by Bloomberg.

Much of the industry’s skepticism centers on the cryptocurrency’s unpredictable price swings and the lack of things it can buy since its creation.

Like most financial instruments, special purpose acquisition companies present risks and rewards, and require due diligence from accounting firms to help avoid landmines.

Rae becomes one of the few women leaders in financial services.

Arrogance, naiveté and that chief suspect, procrastination, can all undermine best laid advancement plans, writes recruiter Mark Elzweig.

A merger would value Apex and Northern Star Investment Corp. II at as much as $5 billion, a personal familiar with the matter said.

Trading patterns suggest organic flows from investors keen to access the firm’s strategies at a relatively low price

With its latest plans, the firm aims to become the world’s next financial super-app, akin to Chinese giants Alipay and WeChat Pay.