Banco Popular de Puerto Rico

A State Street fund avoiding crude holdings has beaten the S&P 500 by 3.6 percentage points since its inception, generating an annual return of 12.9%.

“It’s not just a shiny object, it’s really about content,” the firm’s head of ETFs and indexed strategies said.

Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.

More than 40% of Black and Hispanic adults say they have used money from a savings or retirement account to pay their bills since the outbreak began, a survey finds.

Fortunes in the tech and health care sectors jumped by 43% and 50%, respectively.

Days after completing the purchase of E-Trade, CEO James Gorman’s second major transaction of the year aims to bulk up the firm’s asset management arm.

Flows into U.S. fixed-income products this year have already surpassed the total for all of last year.

The additions are expected to include financial advisors and customer service agents, and represent a 15% increase in associates who focus on clients.

The firm determined that the staffers defrauded the SBA “by making false representations in applying for coronavirus relief funds for themselves.”

The fintech plans to build out cash, checking, insurance and mortgage products.