Banco Popular de Puerto Rico

Strong 2020 returns have given a boost to the Swiss bank's new CEO, Ralph Hamers, whose start has been overshadowed by a Dutch probe into his role in a money laundering scandal at his former employer.

The central bank’s policy-making body repeated it would maintain its bond-buying program until “substantial further progress” toward its employment and inflation goals has been made.

The looming threat for Biden’s SEC pick is that the good times could end on his watch, triggering a crash that hits retail investors who’ve contributed to the boom.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

The skewed allocations “may significantly change fund performance and use case suitability until rebalance dates,” analysts say.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter.

The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a company spokesperson said in a statement.

“This looks like pockets of frothiness, some irrationality undoubtedly, some nonsense undoubtedly," said BlackRock Vice Chairman Philipp Hildebrand.

The margin requirements apply to Merrill Lynch wealth management clients and individual traders using the Merrill Edge platform.