FA News

Grassley Says He's Going To Take Over Senate Finance Committee

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He would oversee three contentious issues: trade, health care and taxes.

NASAA President Wants SEC To Set Higher Standards For Brokers

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He plans to encourage the SEC to add a broker fiduciary-like standard to its controversial Reg Best Interest proposal.

DC Plan Participant Retirement Confidence Reaches All-Time Highs

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Plan participants are more confident in their ability to successfully retire than ever before.

A Fixed-Income Solution For Urban Blight

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BlueHub Capital has poured $1.4 billion into community impact investing projects over the past 30 years.

Wells Fargo Cuts 1,000 Jobs Across The U.S. On Mortgage Woes

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Approximately 900 of the positions will come from the San Francisco-based bank’s home-lending unit.

Most Women Sit In Cash

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A majority of women in a Fidelity study say they they're holding cash outside their retirement accounts.

ING Portfolio Focuses On Financing For Sustainable Economy

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The company is focusing efforts on building a "circular economy," including projects that tackle global warming.

Mercer Advisors Acquires Another Firm, And Here’s Why They’re On A Roll

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Mercer has bought its third RIA firm this month, and is on pace for eight purchases in 2018.

FPA Splits With Financial Coalition Partners On State Regulation

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The FPA isn't opposed to state regulation of advisors, the organization's president said.

First Fraud Case For Initial Coin Offering Set For Guilty Plea

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The case opens the door for the government to go after other cases of fraud in the world of initial coin offerings.

Paul Tudor Jones Says Trump Tax Cut May Cause Debt Bubble To Pop

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“We’re going to stress test our whole corporate credit market for the first time,” he said.

Fed To Review Job-and-Price Goals As Powell Pushes Transparency

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Virtually everything the Fed does in pursuit of its congressionally mandated goals will be on the table.

Harvard's Reinhart Sees Rising Risk Of Big EM Sovereign Defaults

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"Markets are pricing in bad stuff," the economist said.

Vanguard Tumbles In Customer Satisfaction After Digital Snafus

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The mutual fund company's customer satisfaction ratings nosedived, scoring low marks for customer service.

Social Taboos At Root Of Women's Low Retirement Savings, Advisor Says

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Women are still hindered by the social perception that financial matters are the domain of men, she said.

Bitcoin Bulls Wonder Where's The Bottom As Slide Accelerates

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The cryptocurrency has started falling in price again after months of stability.

Ark to Add Fintech Fund To Stable That Has Top Two Performing ETFs

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The ARK Fintech Innovation ETF will invest in companies working to change how the financial sector operates.

T. Rowe Sees Choppy Market, 2.25% GDP Growth In 2019

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The Fed may keep raising rates by 175 basis points over the next few years, the firm's chief economist said.

Human Intuition And Investing A Dangerous Cocktail, Nobel Laureate Says

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What financial professionals see as good gut decisions amount to only guesses, Daniel Kahneman said.

Credit Suisse Weighing Hundreds Of Job Cuts To Reduce Costs

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The dismissals could start as soon as this year and help the bank achieve its 2019 cost targets, sources said.