Ask any leader in the wealth management business to name their biggest business problem, and you’ll likely hear the same answer: Recruiting talent. Competition for executives, support staff and especially advisors has been fierce for years. We checked out a few companies that have made good hires recently and asked them this week’s Barron’s Advisor …
Here’s how business advisors find great talent now Read More »
TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a long-standing policy of negative interest rates designed to stimulate the economy. The Bank of Japan’s overnight lending rate from banks was raised to a range of 0 to 0.1 percent from minus 0.1 percent …
Japan: BOJ raises interest rates for first time in 17 years Read More »
An investment advisory firm has touted itself as “the first regulated AI financial advisor.” Another claims it uses collective data “to make our AI smarter so it can predict which companies and trends are going to be big and invest in them before everyone else.” Those claims and others made by Global Predictions and Delphia …
NEW YORK (AP) — It seems like a strange mishmash: A former Trump cabinet official says he wants buy TikTok just days after leading a group that pumped $1 billion in a broken bank. But in fact, it all fits into Steven Mnuchin’s complicated career. The man who served as former President Donald Trump’s Treasury …
A year ago, the world of investment banking suffered its biggest shakeup since the financial crisis with the bailout acquisition of Credit Suisse by UBS. Twelve months on, the long-term impact of the deal is becoming a little clearer – but only a little. Big questions remain, especially for the combined investment banking business. One …
Is Credit Suisse a boost to UBS’s investment banking ambitions? Read More »
Car insurance prices still seem out of control for many consumers as premiums jumped again last month. But there may be some cooling ahead. Core inflation rose 3.2 percent year-on-year in February, according to the latest CPI release on Tuesday. On a monthly basis, it rose by 0.4%, with food prices remaining relatively stable and …
Car insurance rates jumped last month. Why they might peak. Read More »
Stocks or bonds? Choose wisely. You might think I’m exaggerating by suggesting that this major investment decision is worth more than $10 million, but I’m not. I’ll show you the data, although of course I hope you don’t immediately start planning your expenses. Many investors believe that their financial future will be better if they …
Stocks vs. Bonds: A $10 Million+ Investment Decision Read More »
Hello! This week’s ETF Wrap looks at the surge in biotech funds, as well as an “unusual” trend in U.S. small-cap stocks versus small-cap tech stocks. Please send feedback and advice to [email protected] or [email protected]. You can also follow me on X at @cidzelis and found me on LinkedIn. Isabel Wang is on @Isabelxwang. register …
This biotech ETF sees a “breakout” while US small-cap tech stocks lag Read More »
Hello! This week’s ETF Wrap looks at the surge in biotech funds, as well as an “unusual” trend in U.S. small-cap stocks versus small-cap tech stocks. Please send feedback and advice to [email protected] or [email protected]. You can also follow me on X at @cidzelis and found me on LinkedIn. Isabel Wang is on @Isabelxwang. register …
This biotech ETF sees a “breakout” while US small-cap tech stocks lag Read More »
The plan of Truist Financial Corp. to sell its remaining stake in Truist Insurance Holdings for $15.5 billion marks a better-than-expected price for the business, an analyst said Tuesday. Citigroup’s Keith Horowitz reiterated a buy rating on Truist and said that while the sale of Truist Insurance Holdings was not a surprise, he had expected …
The sale price of insurance-brokerage unit Truist is better than expected Read More »
