- Fallout from money manager Kenneth Fisher's remarks tops $1 billion in lost assetsFallout from Kenneth Fisher's alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in... Read more »
- Iowa pension ends $386 million money management contract with Kenneth FisherA $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion in... Read more »
- AT&T, Elliott in talks after activist campaign launched: sourcesAT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar... Read more »
- Goldman wants traders to be more like dealmakers and codersOver the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they... Read more »
- Your Money: U.S. teachers take hands-on approach to financial literacyThere are a lot of hard truths about money, but here is one of the hardest: We are really bad at passing along money smarts. Read more »
- U.S. stock funds see first weekly inflow in a monthU.S. equity funds attracted $4 billion in the week ended Wednesday, the first inflow in four weeks, according to data release by Lipper. Read more »
- Members of Los Angeles pension board ready to drop money manager Ken FisherCommissioners of a $23 billion Los Angeles fire and police pension fund are ready to drop the firm of money manager Kenneth Fisher, who is under fire for allegedly making insensitive remarks about... Read more »
- U.S. boutique banks woo French bankers in Paris advisory push: sourcesSeveral U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms,... Read more »
- Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billionThe City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he... Read more »
- Your Money: Charitable granting soars even as tax changes transform givingDespite tax reforms that changed an important incentive for giving to charities last year, Americans are still giving away record amounts - just from funds they had put aside for donations in... Read more »
- Fidelity criticizes money manager Fisher, who loses Philadelphia as clientFidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher while Philadelphia's board of pensions terminated its business with his firm after he allegedly... Read more »
- Buffett's Berkshire seeks Fed leeway to boost BofA bet: FedWarren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by... Read more »
- Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakupHedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth... Read more »
- Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings declineThe biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's... Read more »
- Italy's Del Vecchio calls on Mediobanca to grow through M&AMediobanca's third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank's strategy. Read more »
- Brexit extension, election still most likely, says UBSUBS Wealth Management said on Friday it still expects the UK government to ask for an extension to the deadline for exiting the European Union and to hold a general election, though it acknowledged... Read more »
- Elliott ranks as busiest activist hedge fund in third quarter, againElliott Management, Paul Singer's $35 billion hedge fund, kept up its blistering pace of pushing for corporate changes during the third quarter, outspending all rivals with campaigns at AT&T and... Read more »
- Fidelity follows rivals in cutting online trading commissions to zeroFidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with... Read more »
- Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumesWells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees... Read more »
- Yields rise on heavy supply at auction and trade hopesU.S. Treasury yields rose on Wednesday, a day that saw a flood of supply and on optimism for progress in U.S.-China trade negotiations that begin in Washington on Thursday. Read more »