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Despite the first quarter being a slower time for charitable giving, Fidelity Charitable Gift Fund announced on Thursday that it had its strongest first quarter in its 20-year history.

ProShares has launched two new exchange-traded funds, the ProShares Ultra High Yield and the ProShares Ultra Investment Grade Corporate funds. The firm says it is they are the first ETFs to offer exposure to the two fixed income asset classes.

The wealth management unit’s new brand platform revolves around its advisers, says Joan Khoury, head of marketing for Merrill Lynch Wealth Management. New ad campaign also focuses on attracting advisors.

Investors under the age of 46 (“Gen X/Y”) have become more optimistic about investing, but those ages 46 to 64 (“Boomers”) are holding back, according to the latest MFS Investing Sentiment Survey.

The BNY Mellon unit is beefing up its global research offerings for its registered investment advisor, broker-dealer and hedge fund customers.

The National Association for the Self-Employed advised small business owners who have put off doing their tax returns not to panic.

Small business owners reported an increase in hiring, but a decrease in optimism last month, according to a new survey by the National Federation of Independent Business.

March was the third month in a row that retail investors were net buyers of individual municipal bonds, and it also was the fifth consecutive month that mom-and-pop investors sold more shares of muni mutual funds than they purchased, according to the March Transparency Report published by BondDesk Group LLC.

President Obama announced the framework of a plan Wednesday to shrink the deficit $4 trillion over 12 years, and urged House and Senate leaders to appoint teams to negotiate a final bipartisan plan by the end of June.

An analysis of local deposit share reveals which regional banking companies have the strongest positions across the markets in which they operate.