To realize better synergies between people in its personal and workplace investing divisions,
People will be moved around in Merrimack, N.H., but 950 people will be removed from Marlborough, Mass., and there will be 500 additional workers in both Boston and Smithfield, R.I.
Fidelity, which employs 11,000 people in Massachusetts, said it was making the changes to ensure that groups with share accountabilities and natural synergies are located near each other.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
Turns out clients are as mistaken about tax preparers as they are about taxes.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
