Banco Popular de Puerto Rico

The firm, which has faced racial discrimination allegations, is trying an alternative approach suggested by a professor at Harvard.

The firm plans to charge nine basis points for exposure to a basket of large-cap stocks, lower than any other comparable offering.

The industry is generally skeptical of automated advice platform growth projections, which PwC sets at $800 billion over the next five years.

The SEC's June 2016 settlement with Merrill Lynch was one of its biggest cases of the year by dollar amount.

Attorneys are preparing written objections to the settlement, which they may file in the next 15 to 30 days.

The defendants profited more than $3 million by trading before and after mergers and acquisitions were announced, according to U.S. prosecutors.

Once the world’s largest, the mutual fund got its first monthly inflow in more than four years.

Lies about being in contact with clients were the real reason the whisteblower was fired, according to a defendant and key witness for the bank.

The delay was partly prompted by BlackRock’s testimony that policymakers, not index compilers, should set corporate governance standards.

Clients can enjoy their later years without the worries of work, but will also lose the additional earnings.