Banco Popular de Puerto Rico

Investors are placing their bets on value funds after the category posted its worst quarter this century in the wake of the coronavirus pandemic.

Industry veterans have warned that packaging the loans into funds that are easily accessible could pose a risk to retail investors unfamiliar with collateralized loan obligations.

“Everyone is looking ahead to the elections and what tax policy could look like in various administrations," says Ben Huneke, head of investment solutions in the firm's wealth management division.

The pandemic has underscored the need for more socially and environmentally responsible financing.

The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans.

Jane Fraser has led the bank’s response to the coronavirus pandemic in North America, including its plans for returning its workers to offices around the U.S.

As the Fed cuts borrowing rates and supports the investment-grade corporate bond market, some investors are looking for higher returns, an expert says.

Talk about European banking consolidation has been heating up as the coronavirus pandemic adds to challenges such as negative interest rates that have weighed on profitability for years.

Under the proposals, the top 0.1% of earners would be subject to a 43% tax rate on their income.

A rising appetite for achieving specific investment objectives, such as sustainable investing, is the main driver behind the projected rise in their popularity.