The fintech firm says use of the loans grew 10% last year among its client base.

The automated investing tool is part of Goldman Sachs's effort to be a full-service digital bank and to help partners like Apple and Stripe offer financial products, according to Stephanie Cohen, global co-head of consumer and wealth management.

The firm that traditionally only served the ultra-wealthy will now manage accounts as small as $1,000.

Financial firms globally have raised about $25.5 billion of sustainable-linked debt this year, according to data compiled by Bloomberg.

With offices in seven other states, Cresset Asset Management seeks to expand its reach to Texas.

The bank is ramping up its consumer business lines, evidenced by the adoption of Joe Duran’s holistic “Money Mind” approach.

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

While many condemned the violence, few firms have cut financial support to elected officials who have backed Trump’s baseless claims of election fraud.

The new additions join a set of big hires at the wirehouse.

The deal underlines the bank’s focus on Folio's clearing and custody capabilities, as well as its 450 RIAs.

The firm has sought to broaden the range of clients it targets with its wealth-advisory services.

The bank also created a new consumer and wealth-management division co-led by Stephanie Cohen, one of the firm’s most-senior female bankers.

The executive who helped guide Goldman Sachs’ embrace of Main Street is giving up his post in a management shuffle at the consumer unit.

While some industry employees are eager for the normalcy of their offices, others are more reluctant as experts predict another rise in virus cases.

Among some 500 large-cap U.S. mutual funds, those with at least one-third of manager positions held by women have beaten those with none, data show.

The move is one of the largest of the year.

Such a scenario could "challenge market assumptions both about cyclicality and about eternally negative rates," according to strategists.

“The primary drawback of fewer hedge fund filings is lack of clarity around crowding risk,” strategists from the firm write.

Billion-dollar teams are voting with their feet. Here’s where they are going.

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.