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Citi's CEO Jane Fraser assured investors Friday that the megabank was on the rebound from a corporate restructuring and regulatory actions.
July 12 -
The megabank saw a 15% increase in assets under management in its wealth management division in the second quarter.
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Rising expenses from increasing asset values in client accounts also put a dent in the unit's bottom line in the second quarter.
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Investors poured cash into U.S. exchange-traded funds last month, but not every fund benefited. Here are the 20 that lost the most money.
July 12 -
Wealthtech platform Envestnet has agreed to be acquired by private equity firm Bain Capital in a $4.5 billion deal that includes heavyweight investors like BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors.
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U.S. exchange-traded funds raked in $82.4 billion last month, finishing out a strong first half of the year. Here are the funds that garnered the most investor cash.
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If that prediction holds, it will be the latest in a trend of falling cost of living adjustments in recent years.
July 11 -
For financial advisors, tax professionals and their clients, the opportunities and acronyms look endless. Three experts explain the key questions to consider.
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With the recent bull market being driven by just a few companies, many clients are asking: Why wasn't I in that stock? Here's how to answer.
July 11 -
The agency is hoping to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.
July 11