State Street’s Profit Rises 30% on New Business, Market Gains
State Street ended 2021 with $43.68 billion in assets under custody.
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Browsing Tag
securities
‘The stock market is not going to zero’: How this individual investor with 70 years of
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway
BRK.A,
+0.02%
BRK.B,
-0.36%
comes to mind, of course, but what about Warren Kaplan?…
China cleanup of non-compliant WMP securities ‘basically complete’, official says
The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas PeterRegister now for FREE unlimited access to Reuters.comRegisterBEIJING, Jan 15 (Reuters) - China has made progress in cleaning up non-compliant…
Cathie Wood says stocks have corrected into ‘deep value territory’ and won’t let
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on…
Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG.This week, a major move to cut Tesla from a closely followed environmental, social…
Congressional review of ‘meme stock’ trading frenzy shows Robinhood’s liquidity…
The House Financial Services Committee on Friday issued a long-awaited report on the “meme” stock phenomena, shining new light on pressures faced by retail brokerages, including Robinhood Markets Inc., during the…
Randy Lauer Joins Academy Securities as Managing Director, Head of Business Development
NEW YORK--(BUSINESS WIRE)--Academy Securities, a registered broker-dealer, certified Disabled Veteran Business Enterprise (DVBE), and Minority Business Enterprise (MBE), today announced the addition of Randy Lauer as Managing…
Buy the dip in China markets despite Covid concerns, says Bank of America Securities
Short-term corrections in the Chinese stock markets can be a buying opportunity for investors, says a strategist from Bank of America Securities.Winnie Wu, a China strategist at the investment bank, acknowledged that there's still a…
Stocks Are Slipping After Solid Jobs Report
The stock market was slipping Friday, after the June employment report revealed that the U.S. economy added more jobs than expected, spurring bets of a more hawkish Federal Reserve.
The U.S. added 372,000 jobs for the month of June,…
Biotech rout in 2021 has led to some massive hedge-fund losses
Biotech stocks have fallen to earth with a thud in 2021 after soaring last year amid excitement over the development of COVID-19 vaccines, dealing big losses to some hedge funds. The sector is being buffeted by…