Royal Bank of Canada has agreed to buy the U.K. fixed-income money manager BlueBay Asset Management PLC for about $1.54 billion, in its biggest takeover in three years.

Three breakaway Morgan Stanley Smith Barney advisers — Greg Erwin, King Martin and Alan Rexius — have opened Sapient Private Wealth Management, a fee-based registered investment adviser.

Assets held in exchange-traded funds posted 10.6% growth in September, according to data collected by State Street Global Advisors.

The Auburn Hills, Mich.-based credit union serves 200,000 members with more than $2.3 billion in assets.

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

Mortgage borrowers collectively hold more equity in their homes than at any other time on record, but while some analysis shows they've been slow to borrow against this newfound wealth, credit union home equity lending was up significantly last year.

When managed effectively, certification bodies can coordinate industry-wide solutions to otherwise significant challenges, easing pain points and ultimately driving innovation, says Fime's Reza Rahmani Fard.

With mobile payments and banking apps on the rise, biometric authentication is now increasingly common in consumer finance, says Fingerprints' Michel Roig.

Financial services firms, from traditional banks to fintech payment processors to data companies, need to beef up their compliance teams, raise standards and improve education to ensure teams are ready to tackle the latest types of financial fraud, says ACAMS' Rick McDonell.