 | | | | A worsening customer service crisis at the Social Security Administration has prompted three of its former commissioners to urge the U.S. Congress to fix the annual budgeting process that has starved the agency of the resources it needs to do its job. | | | | | | Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion to housing over the next few years. | | | | | | Famed for eschewing the tech bubble and sticking with tobacco and pharmaceuticals as others sold out, Neil Woodford's cult status among British money managers is on the ropes after some of his investors were unable to recoup their money. | | | | | | With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra Energy seemed to check all the boxes for portfolio manager Todd Ahlsten, who manages more than $18 billion for Parnassus Investments based on each company's environmental, social and governance attributes. | | | | | | Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning. | | | | | | Sweden's AP2, one of the country's five main national pension funds, will no longer invest in tobacco and nuclear weapons-linked stocks, in a move it said on Tuesday deepened its commitment to sustainability. | | | | | | U. S. President Donald Trump's tariffs confrontation with China may force global bond investors to rethink exposure to emerging markets despite robust 2019 gains, according to a Wall Street portfolio manager of $17 billion of emerging markets (EM) fixed-income. | | | | | | Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning. | | | | | |
