“This is all about having the flexibility and having multiple options for our investors,” says GSAM’s head of ETF strategy.

Funds advised by Katie Koch, whose firm has about $1.8 trillion under supervision, are beating their benchmarks at an 80% rate in 2020.

The firm sees "light at the end of the tunnel," says Silvia Ardagna, managing director in the investment strategy group within the firm's private wealth management unit.

They're following other firms that are delaying, shortening or going virtual as efforts to slow the crisis leave employees working from home.

Wall Street’s nonstop aggressiveness is clashing with the demands of a deadly pandemic.

The firm had received margin calls from counterparties including BNP Paribas after its trades went awry, people familiar with the matter said.

The bank says it has decided to “effectively eliminate the net leverage” of its MLP Income Opportunities Fund and MLP and Energy Renaissance Fund.

The advisors had generated $20 million in production at Goldman Sachs, according to their new employer.

“We are embracing the bank model,” Chief Financial Officer Stephen Scherr said.

United Capital has a new name, but key challenges remain for its new owner.