Fiduciary Trust Co., New York, plans to add four portfolios to its
Mr. Cajigal said the additions would round out Fiduciary's product line.
FTI Funds is managed by Fiduciary International Inc., a subsidiary of
New research from American Banker finds that most are still hashing out plans for crypto and stablecoins, but a handful have already launched projects.
In the third quarter, America's second-largest bank surpassed Wall Street's forecasts for net income, revenue and earnings per share.
The Pittsburgh-based bank's solid third quarter comes weeks after it announced it plans to acquire a Colorado bank for $4.1 billion.
Bridge will join a number of digital asset firms vying for the coveted charter, seizing on the crypto-friendly environment in the second Trump term.
Treasury laid off all of its Community Development Financial Institution Fund staff on Friday, with the reduction in force notices saying that the department plans on abolishing the fund.
After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
