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BlackRock CEO Larry Fink Calls Himself a "Major Believer" in Bitcoin Amid Global Uncertainty
BlackRock CEO Larry Fink described Bitcoin as a legitimate instrument, particularly appealing to those with a pessimistic outlook on global affairs.
Charles Schwab Sinks After Vowing to Shrink Bank Over Time
Charles Schwab shares suffered their biggest intraday drop since last year’s regional-bank crisis after warning it will have to shrink itself.
Hedge Fund Segantii Has Returned More Than 90% of Client Money
Segantii Capital Management Ltd. has returned more than 90% of its client capital two months after the firm told investors it would.
Morgan Stanley's Wealth Business Slowdown Overshadows Profit Beat
Morgan Stanley's profit beat Wall Street expectations for the second quarter, but weakness in its key wealth business sent shares nearly 3% lower.