Although Baltimore has been struggling to attract corporations and a withdrawal by Legg Mason, which employs 1,500, would be a tremendous blow, the city has not yet discussed incentives or tax breaks, said Jay Brodie, president of Baltimore Development Corp. But recently, Legg Mason has posted strong earnings and asset flows. Net revenue was up 38% in the third quarter to nearly $92 million, and assets rose 31% in the quarter to $311 billion.
The city breathed a sign of relief in June when
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.
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.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
