Long-term mutual fund inflows for the week that ended Dec. 1 totaled $1.04 billion, the Investment Company Institute said. This reverses outflows in the previous two weeks.

Individuals aren't as interested in Roth conversions as many advisers expected. According to a Mercer survey, more than half of employers said that their employees hadn't asked for the option, and 45% said they had no plans to offer it.

Thirteen percent of affluent Americans closed at least one investment account in the last year, more than double the pace in the previous five years, a report says.

Michael Bright co-wrote a paper in 2016 that envisioned making the agency a backstop for the housing finance system, but appeared to distance himself from the proposal at his confirmation hearing.

The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income.

The announcement comes as Fannie Mae promoted David Benson to serve as president of the government-sponsored enterprise.

Long after the pandemic is finally behind us, the many security and financial benefits owners, management companies and fans alike receive from having the technology in place will remain too invaluable to ignore, says Corsight's Rob Watts.

Mainstream attention to crypto and active projects mean it's time to have a strategy for CBDCs, says R3's Todd McDonald.

Accounts payable is one of the most paper-intensive business functions, with lots of room for more environmentally sound processing, Daniel Ball of Medius says.