Wealth Management

Morgan Stanley exploring move to Manhattan`s West Side: WSJ

Morgan Stanley exploring move to Manhattan`s West Side: WSJ

Published 10/02/2017

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in the Manhattan borough of New York City, January 20, 2015. REUTERS/Mike Segar

Morgan Stanley (MS.N) is exploring a move to Hudson Yards, the vast development site on Manhattan's West Side, The Wall Street Journal reported, citing people familiar with the matter.

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LPL Financial fourth-quarter profit surges despite regulatory uncertainty

LPL Financial fourth-quarter profit surges despite regulatory uncertainty

Published 10/02/2017

Independent brokerage LPL Financial Holdings Inc posted a fourth-quarter profit that surged 56 percent as an increase in advisory assets helped soften the costs of an uncertain regulatory environment.

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U.S.-based bond fund sales soar in latest week: Lipper

U.S.-based bond fund sales soar in latest week: Lipper

Published 10/02/2017

Investors showed an insatiable demand for fixed income during the latest week, handing over the most cash in about seven months to managers of U.S.-based taxable-bond funds, Lipper data showed on Thursday.

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Republican plan would ease Wall Street rules, as party embraces deregulation

Republican plan would ease Wall Street rules, as party embraces deregulation

Published 10/02/2017

U.S. Representative Jeb Hensarling (R-TX) speaks to members of the media after meeting with U.S. President Elect Donald Trump at Trump Tower in the Manhattan borough of New York City, U.S., November 17, 2016. REUTERS/Mike Segar

The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 financial crisis, a step that will largely define the financial deregulation debate in the Trump era.

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Exclusive: Labor Department to delay, revisit fiduciary rule – sources

Exclusive: Labor Department to delay, revisit fiduciary rule – sources

Published 10/02/2017

The U.S. Labor Department is preparing to delay its controversial Obama-era fiduciary rule on financial advice for 180 days and seek public comment on the rule.

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U.S. investors more willing to place wagers on uncertain Europe

U.S. investors more willing to place wagers on uncertain Europe

Published 09/02/2017

A spate of elections this year that threaten to change Europe's course and rattle the continent's largest political bloc and currency is normally the sort of uncertainty that scares away international investors.

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Why go back to junk food diet for retirement investors?

Why go back to junk food diet for retirement investors?

Published 09/02/2017

Let’s hear it for unhealthy retirement advice!

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U.S. court upholds Obama-era retirement advice rule

U.S. court upholds Obama-era retirement advice rule

Published 09/02/2017

A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald Trump's efforts to scale back government regulation.

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Fund staff may be there to impress, not outperform: James Saft

Fund staff may be there to impress, not outperform: James Saft

Published 08/02/2017

The scads of analysts and fund managers at some money management firms may just be there as window dressing.

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Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Published 08/02/2017

Tim Sloan, Chief Executive Officer of Wells Fargo & Company, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson

Wells Fargo & Co's board is likely to eliminate 2016 bonuses for the bank's top executives following the bogus account scandal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

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