Banco Popular de Puerto Rico

Thanks to differentiated bets on stocks, equity mutual funds beat benchmarks across the board.

Investing in certain uptrends may pay off for clients.

CEO Abigail Johnson's estimated net worth grew to $11.2 billion from $8.6 billion last year.

While investors have been won over by the promise of better returns than plain-vanilla funds, issuers can justify charging more for the additional complexity.

Global banks including UBS and Barclays have been expanding teams that serve some of their richest clients.

Following criticism for its faulty 2016 election algorithms, the firm appointed a new research director to collaborate with its quants and money managers.

The Senator wants to know what the SEC is doing to prevent harassment at banks.

Asset managers already allocated $11 billion to developing new funds to comply with the requirement.

The bank sometimes ignored the advice of its own diligence vendors in packaging and selling loans.

Clients may be in the dark about the regulators new rules for taxing digital currencies.