Annie Massa

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Robinhood Says SEC Faces High Legal Burden For Changing Broker-App Rules

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Robinhood told the SEC that stronger regulation of online brokerages faces a high legal bar.

Franklin Templeton Buys $6.4 Billion Money Manager O'Shaughnessy

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In addition to factor-based investment strategies, O'Shaughnessy has a custom indexing business called Canvas.

Cathie Wood Would Sell Tesla Next Year If It Reached $3,000

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The electric-vehicle maker's stock is now roughly $750, and $3,000 is Wood's five-year price target.

How Billionaire Steve Cohen Learned To Love Cryptocurrencies

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Cohen has thrown himself into the world of crypto after having initial doubts.

State Street To Buy Brown Brothers' Unit For $3.5 Billion

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The deal includes the unit's custody, accounting, fund-administration, global-markets and technology-services businesses.

BlackRock, Wells Fargo Delay Return To Office On Delta Concerns

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Businesses are grappling with bringing employees back while Covid-19 cases rise.

T. Rowe Names Sharps To Replace Stromberg As Chief Executive

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One of the world's largest fund managers replaced its chief executive officer after just five years.

Robinhood Working On Feature To Let Users Invest Spare Change

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Investing spare change is a key piece of competing apps such as Acorns, Chime and Wealthsimple.

BlackRock's Fink Raises Salaries 8% While He Eyes Inflation

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BlackRock CEO Larry Fink said inflation will bring about “epic change.”

Vanguard Buys Custom Portfolio Maker In Move Beyond Indexing

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Vanguard Group buys direct-indexing specialist Just Invest in its first-ever acquisition.

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