Coronavirus

Do-it-yourself-minded investors have never had more places to put their savings, writes Bloomberg’s Nir Kaissar.

The industry has long talked about embracing digital technology — but the time for talk may be over.

This year’s list of the 150 largest firms represents an industry that will emerge from a post-COVID world deeply altered.

More than 40% of Black and Hispanic adults say they have used money from a savings or retirement account to pay their bills since the outbreak began, a survey finds.

In the first half of the year, fewer than a third of U.S. domestic equity fund managers delivered annualized returns that outpaced the S&P Composite 1500.

The majority of planners intend to work remotely at least one day per week through 2021.

The agency has 90 days to review files and reach decisions.

While some big Wall Street firms are seeking to get staff back to the office, there are already signs of how challenging that could be.

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

That decision was “heavily debated” and so far the company has found that its operations have fared well with remote work, Jose Minaya said at a conference.