Banco Popular de Puerto Rico

The fund has returned about 42% since its April 7 launch compared to an 8.9% gain for its benchmark over the same period.

Firms are bracing for tougher times in Washington, where Democrats skeptical of large financial-industry paychecks are ascendant.

Morgan Stanley Chief Executive Officer James Gorman leaped past JPMorgan Chase’s Jamie Dimon as the best-paid CEO of a major U.S. bank.

Investors with an advisor were more than twice as likely to say that they are very confident that they have the best investment strategy, a survey found.

The results underscore the standout performance of the industry's largest firms in equities, a business where Europe’s banks have struggled to keep up in recent years.

Some advisory firms have already started narrowing their lists of funds considered eligible for retirement plans based on Trump’s decision to overhaul ERISA.

The quant manager has been warning for years that investor objectives are going to be increasingly hard to meet amid “soberingly low” gains.

The firm said high volume may have curtailed access to its mobile app and urged clients to use its other platforms.

A hunt for heavily-short stocks has delivered millions of dollars to wealthy executives and investors.

The explosive growth in retail day-trading, powered by platforms like Robinhood and forums like wallstreetbets, has turned the old order on its head.