BlackRock Assets Hit Record $10.6 Trillion High On ETF Flows, Bull Market
Assets managed by BlackRock hit a record $10.65 trillion in the 2nd quarter due to rising client asset values and as investors pumped money into ETFs.
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Goldman Sachs Profit Beats Expectation On Robust Debt Underwriting, Fixed-Income Trading
Goldman Sachs' profit more than doubled in the second quarter and beat analysts' estimates on strong debt underwriting and fixed-income trading.
UBS Faces $850,000 Fine for Supervisory Failures
UBS agrees to pay $850,000 to settle allegations of failing to supervise a registered representative who channeled $7.2 million of clients’ money.
JPMorgan's 2Q Profits Surge 25% Thanks To One-Time Gain And Wall Street Revival
Second-quarter profits at JPMorgan Chase (JPM) surged, but a drop in a key revenue source demonstrated the challenges facing even the biggest US bank.
Citi Profit Beats On Surge In Investment Banking, Services Strength
Citigroup beat Wall Street expectations for 2nd-quarter profit boosted by a 60% jump in investment banking revenue and gains in its services division.
Founder Of Collapsed Hedge Fund Archegos Capital Is Convicted In Securities Fraud Scheme
The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities and market manipulation fraud.
Welcome To ‘The Great Detachment’: Workers Are Checked Out—And So Are Their Bosses
Self-reported turnover risk hasn’t been this high since 2015, finds Gallup in newly released survey based on responses from more than 19,800 adults.
