FA News

Financial Giant With 75 Million Clients Enters Advice Market

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Credit Karma appeals to millennials and is expanding its financial services.

Fed Shock To Emerging Markets May Not Be As Bad As Feared

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The extra yield investors now get from EM bonds could provide a cushion agains Fed rate hikes.

Wal-Mart Proposes Actions To Boost U.S. Manufacturing

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The company seeks ways to overcome various barriers to U.S. manufacturing growth.

Pennsylvania Levies Record-Breaking Fine Against Florida Broker

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Pennsylvania has fined Newbridge Securities for violations within its derivatives business.

Goldman Sachs Retreats From ETF Lead Market Making

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Goldman continues to make issuing its own ETFs through its asset management unit a priority.

Finra Names New Head Of Enforcement

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Susan Schroeder has been the acting head of enforcement since February.

Trump Says He's Considering Both Yellen, Cohn For Fed Chair

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President Trump indicated that two or three other contenders, whom he declined to name, are in the running.

Bitcoin Moves A Step Closer To Acceptance After Options Approved

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The CFTC has granted LedgerX authorization to trade digital currencies.

United Capital Adds Nearly $760 Mil. With 3 Acquisitions

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United Capital announced on Tuesday it has acquired advisory firms in three states.

Fund Managers And Strategists See Bull Market Ending In 2018

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They cite central bank policy as the main risk over the coming year or two.

Activist Hedge Funds Pull Hard On The M&A Lever

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An uptick in activist-driven takeovers has helped boost returns of the dissident investors.

Advisors Focus On Client Experience To Stand Out

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Advisors and investors are placing more emphasis on client experience, a new survey says.

Don’t Get Spooked By Fund Manager Changes

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A Morningstar report found no relationship between management change and future returns at mutual funds.

RIAs On Track For Record M&A Activity, But Decline As Buyers

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Banks and consolidators are increasing their presence within RIA M&A.

World Oil Demand Could Peak In 2024

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Higher vehicle efficiency and other factors could crimp demand, says Goldman Sachs.

Depite Trump, Global Use Of Trade Restrictions Slows

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The WTO reports a decrease in the rate of new trade-restrictive measures.

Morgan Stanley Invests In iCapital Alts Platform

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iCapital Network has completed a round of funding with an investment from Morgan Stanley.

Traders Fear Emerging-Market Hard Landing As Bond ETF Swells

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A quick unwinding of the carry trade could hammer this particular fund—and others.

U.S. Home Resales Ease As Lean Inventory Drives Prices Higher

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A limited number of properties listed for sale remains the biggest hurdle for the market.

IMF Sees U.S. Fading As Growth Engine

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China and others are leading the charge, IMF says.