The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation.
Investors in U.S. funds traded international equities for domestic stocks during the latest week as earnings beat expectations while trade tensions simmered, Lipper data showed on Thursday.
Wells Fargo & Co is exploring a sale of its Eastdil Secured real-estate division, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
A U.S. judge has dismissed five large banks from two antitrust lawsuits by investors alleging multi-year conspiracies to rig prices for hundreds of billions of dollars of transactions in the global silver and gold markets.
Fannie Mae on Thursday issued the first-ever securities based on the Secured Overnight Finance Rate (SOFR), an alternative to the London interbank offered rate (LIBOR) which may cease to exist after 2021.
Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team.
While the typical retirement message usually focuses on how much people should stash away from every paycheck, new research shows that working longer is the key to dramatically increasing retirement money — even if you go just a month longer than you had planned.
British wealth managers Rathbone Brothers and Brewin Dolphin reported rises in their respective total assets on Wednesday, driven by net inflows of new client money.
Bitwise Asset Management Inc took steps to bring a cryptocurrency exchange-traded fund to market on Tuesday, reviving a race to list a bitcoin-linked investment in the United States.
Wall Street rose on Wednesday. Tech stocks soared, and President Donald Trump reportedly secured concessions from the EU on trade. Fred Katayama reports.
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