Bill Hwang Arrives In Court For Trial On $36 Billion Archegos Collapse
Archegos Capital Management founder Sung Kook "Bill" Hwang appeared in court to face charges stemming from the 2021 collapse of the $36 billion fund.
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Goldman Envisions Bold Changes for Future
Breaking into this sector is challenging, yet Goldman aspires to achieve a stature akin to Charles Schwab, the leading RIA custodian in the nation.
Lawsuit Filed Against Fidelity Investments By Former Advisor
A former advisor from Fidelity Investments has initiated a lawsuit claiming that he was pressured by advisors and branch managers.
CalPERS Mulls Voting Against Exxon CEO's Re-Election To Board, FT Reports
CalPERS, the biggest public pension plan in the U.S., is considering voting against ExxonMobil CEO Darren Woods' re-election to the board.
Fintech Upstart Says It Received SEC Subpoena on AI Model, Loans
Financial technology lender Upstart Holdings Inc. has been subpoenaed by Wall Street’s main regulator about disclosures, including AI models and loans
Robinhood's Crypto Business Drives Massive Earnings Beat
Online brokerage Robinhood Markets beat estimates for 1st qtr profit, thanks to crypto trading volumes and rate hikes that boosted its net revenue.
JPMorgan Just Gave Itself an $8 Billion Boost
JPMorgan Chase typically out-earns all of its rivals, and the nation’s largest bank just gave itself a shot at doing so yet again in the 2nd quarter.
