Banco Popular de Puerto Rico

The world’s largest debt market may not be as sleepy as it seems.

“We’ve said no layoffs for this year and we’ll stick by that,” Chief Executive Officer Brian Moynihan said Thursday.

The Managed Funds Association urged the agency to do more analysis before moving forward.

The company plans to expand services to the high-net-worth by doubling the number of its advisors, its wealth management head says.

Angry investors excoriated the companies on Twitter for cutting them off from the markets.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.

An employee who left in 2018 said she experienced a barrage of racial and sexual antagonism while at the firm, such that “it is not possible to list all of the comments and conduct in one document."

It's typically advised to shift income into the future to reduce tax bills for the current year. But experts say that may not be the best approach.

Potential customers include hedge funds, crypto miners and over-the-counter trading desks

The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.