Banco Popular de Puerto Rico

The asset manager is shifting more responsibility to regional leaders.

The bill has bipartisan support in the House and Senate.

Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.

Issuers are creating multi-factor funds that offer exposure to several return-enhancing characteristics.

The bank has considered buying DWS to combine it with its own unit and spin the two off as a separate entity, sources said.

Hedge funds are under pressure to justify their fees as bond indexes extend gains.

The firm’s fixed income and currencies trading unit head is among the high-profile executives to leave, according to people familiar with the matter.

Investors wary of an intensifying trade war have piled into the firm's bond products, boosting net flows to $151 billion, according to the company.

A new offering from the firm aims to allow retail clients the ability to check their portfolios or receive a quote on a security via voice command.

With markets near certain that the Fed will lower rates this month, debate has shifted to the size of the cut and its impact.