Bridgewater CEO's Turnaround Hinges on Wooing Restless Clients
Chief Executive Officer Nir Bar Dea needed to revive a flagship hedge fund that was once the industry’s most profitable but has since lagged rivals.
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Kestra Financial Welcomes $600 Million Borger Financial Services
Kestra Financial, an industry-leading wealth management platform, announced the addition of Borger Financial Services to its community of advisors.
UBS Makes Ermotti Europe's Best-Paid Bank Boss With $16 Million Package
UBS Chief Executive Sergio Ermotti earned 14.4 million Swiss francs ($15.90 million) in 2023, making him the best paid boss among EU banks.
JPMorgan Bets On New Wealth Planning Tool to Draw Investments
JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments by offering a new planning tool.
Morgan Stanley Mandated Payout to Advisors
Morgan Stanley is mandated to disburse over $3 million to a collective of financial advisors who have levied allegations against the firm.
Citigroup To Finish Sweeping Overhaul This Week After 5,000 Layoffs
Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve profits, after shrinking its workforce by 5000 employees.
U.S. Bank at the Forefront of Investor Satisfaction
In the latest assessment of investor satisfaction conducted by J.D. Power in 2024, U.S. Bank ascended to the forefront among investors.
