The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.

FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary software, according to its lawyer Marc Kasowitz.

The duo have been active in the venture capital space since departing the social media giant.

The industry is embracing new technology, big data and alternative investment strategies as clients demand more from funds.

The next big institution is going after fintech, but there’s still a long road ahead.

CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.

If approved, the actively managed product will hold anywhere from 60 to 100 equities across sectors and will have no position holding over 5%.

The agency wants to hire a reputation management expert to burnish its image as it faces social media attacks.

The IBD network joins asset managers and other companies developing new methods to display how the products integrate into client portfolios.