JPMorgan Chase

The firm is dismissing hundreds of workers after a periodic review of staffing.

Asset managers have felt the pressure as volatility roils global markets and investors continue to demand low-fee funds that require far fewer workers.

One tipster will get $37 million, the third-biggest ever for the agency's whistleblower program.

After expanding into a $7 trillion industry, index funds are facing slower asset growth and declining fee revenue.

Although it undercuts 2,000 existing U.S. products, some analysts say the price still isn’t low enough.

The Fed’s pause on interest rate hikes has been a “net positive” for the category, an expert says.

Negotiations ended in December because the parties couldn’t agree on a price amid a rout in U.S. stocks, according to people familiar with the matter.

They’re going into the season with weaker earnings expectations as they contend with a pileup of share downgrades.

The firm says it was draw to the state’s "booming" economic growth.

The bank is the world’s top stock underwriter.

Wall Street’s main regulator has made ADR sales a focus of its enforcement efforts.

Price moves have become more pronounced among the companies managers expect to rise.

The hiring spree follows the firm’s move earlier this year to become a member of the Broker Protocol.

The cost of acquiring small account customers and pressure from incumbents quickly developing their own digital brands may be weighing on the popular app.

New actively managed municipal bond ETFs from the firm have attracted $50 million in assets since their inception in October.

Both already use the fintech company’s technology to market their products to advisors.

High-fee managed futures, energy limited partnerships and multi-alternatives products topped this list.

Kelly Coffey will succeed Russell Goldsmith as CEO of City National, a Los Angeles-based unit of RBC.

The trading app's move to create its own clearing system signals broader goals.

Indexes typically tracked by the funds are often excessively allocated to Treasurys and mortgage-backed securities.