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The market for newly minted stocks has exploded this year, with U.S. initial public offerings raising more than $80 billion so far.
October 1 -
The agency issued guidelines scaling back a tax break for client entertainment, following through on an element of President Trump’s 2017 tax overhaul.
October 1 -
Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.
September 29
2050 Wealth Partners -
Donald Trump has all but promised to dispute the election outcome if he loses. Wall Street’s taking him at his word.
September 29 -
A majority of wealth managers worry about non-business concerns such as the national debt, immigration, civil unrest and media bias, according to a new survey.
September 25 -
As Wells Fargo CEO Charles Scharf himself admitted, it’s an excuse — and a weak one.
September 25 -
Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.
September 24 -
The company has been experimenting with ways to recruit more women and minorities, including a program to hire professionals who had left banking.
September 24 -
The agency has 90 days to review files and reach decisions.
September 23 -
Charles Scharf has since apologized that his comments in a virtual meeting this summer were "misinterpreted."
September 23 -
While some industry employees are eager for the normalcy of their offices, others are more reluctant as experts predict another rise in virus cases.
September 21 -
The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.
September 17 -
BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.
September 17 -
Chairman Jerome Powell and other officials have stressed that recovery is highly dependent on the nation’s ability to better control the coronavirus.
September 16 -
Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts.
September 15 -
Under the proposals, the top 0.1% of earners would be subject to a 43% tax rate on their income.
September 14 -
The executive order provides "temporary relief for employers" to “pay the employee portion of Social Security payroll taxes,” confirms Republican Rep. Kevin Brady.
September 11 -
The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans.
September 11 -
Threats to the program are multiplying and the coronavirus pandemic is accelerating a reckoning, according to a new analysis.
September 9 -
“Americans are relying on Social Security more than ever during this pandemic,” House Ways and Means Social Security subcommittee chairman John B. Larson wrote.
September 9






![Wells Fargo CEO Charlie Scharf quickly walked back his controversial comments in a lengthy statement to employees Wednesday in which he apologized “for making an insensitive comment reflecting [his] own unconscious bias.”](https://arizent.brightspotcdn.com/dims4/default/b74d84b/2147483647/strip/true/crop/4368x2457+0+227/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2Fd7%2Fc1%2Ffbde9308449b9876620db6137643%2F336351924.jpg)











