Katherine Doherty

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CFA Level II Pass Rate Slips To 40% As Covid Continues To Disrupt Some Tests

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Pandemic-related disruptions led to exam cancellations in five cities.

Rich Millennials Have Lost Confidence In Stock Market, BofA Says

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The young and wealthy instead see more potential in assets like cryptocurrency, real estate and private equity.

Bank Of America Says It's Spending On Talent, Hiring Even With Inflation Pressure

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The bank has invested in digital and other products in recent years to offset some of the rising costs.

BofA Offers Up To Six Weeks Paid Sabbatical For Longtime Workers

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The move is to recognize tenure at the company at certain career milestones, and to attract and retain talent.

Green Stock Exchange Focused On ESG Seeks Path To Wall Street

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The Green Impact Exchange would require public companies to show and stick to their ESG efforts.

Bank Of America Expands Wealth Management Group In Push To Win Rich Clients

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Banks have been competing for wealthy individuals to capture more assets on their balance sheet.

Citadel Securities Warns Against Sub-Penny Trading Across Stocks

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The trading house says lower trading increments would not guarantee better pricing for investors.

Strong Back-to-School Shopping Eases Consumer Worries, BofA Says

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The shopping season has offered some relief amid concerns about consumer resilience.

BofA Expected To Pay $200M Fine For Personal Device Misuse

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The company will pay an amount in line with penalties that have been levied across Wall Street banks.

Morgan Stanley Fined $200M For Staff Misuse Of Personal Devices

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Regulators found the firm's staff skirted regulatory scrutiny by using services such as WhatsApp.

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