Organization Root Tag

“There is an advantage to funding the debt, especially when interest rates are very low, by issuing long-term debt," Janet Yellen said during her Senate confirmation hearing.

Eaton Vance and E-Trade deals expected to boost the firm’s performance.

The new fund, expected to begin trading next quarter, will carry an expense ratio of less than half the new actively managed offering.

Client acquisition was down compared to 2019, but still higher than in years past.

As Wall Street jumps on the Bitcoin rally like never before, the firm says existential risks could threaten the industry over the long haul.

The pending nominations send a clear signal that the rule-cutting and lax enforcement the industry has grown accustomed to under President Trump are over.

CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.

To streamline the company, CEO Charlie Scharf has been looking to sell certain businesses since taking over in 2019.

Biden's expected nomination for chairman is known for pushing back at banks and corporations in search of greater investor protections.

The 25-year industry veteran of four wealth managers and a trust company faced a charge of unlawful entry on public property.

The Internal Revenue Service’s Criminal Investigation Division issued a warning Thursday about a new wave of COVID-19 scams tied to the latest round of stimulus payments, especially targeting taxpayers in the District of Columbia.

Last month's COVID-19 relief bill has accountants recommending some deductions to clients, and wondering about the applicability of others.

“The sheriff is coming to the preeminent financial regulator in the world,” said Justin Slaughter, a consultant at Mercury Strategies. “It means regulation and enforcement are about to get much tougher.”

The firm’s aggressive hiring streak continues with the onboarding of several wirehouse advisors.

BlackRock’s CEO joins a chorus of corporate voices reconsidering their roles in the political process in the wake of the Jan. 6 unrest.

Even as the numbers improve, Black and Hispanic advisors are still vastly underrepresented within the industry.

Two former FINRA employees are joining the fast-growing brokerage app.

Pressure is mounting for firms to respond to last week’s violence at the Capitol.

A wave of corporations have made changes to their PAC giving since a mob supporting President Donald Trump stormed the Capitol last week.

The new global wealth division, which is being formed by combining the firm’s private bank with a unit that serves substantially less wealthy households, will be led by Citi veteran Jim O’Donnell.