Investments

Wealthfront is the first of the tech-powered financial advisers to offer securities-based lending. It will compete with the likes of Wells Fargo and Morgan Stanley.

B of A, JPMorgan and Citi beat trading estimates unlike Goldman Sachs, but the investment bank still doubled its quarterly profits.

On Dec. 31, 2016. Dollars in thousands.

The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals.

A carve-out that shielded billions of dollars in collateralized loan obligations from Dodd-Frank's risk-retention mandate could work against banks and other CLO managers if Dodd-Frank is overhauled.

Access to banking information ensures advisors can perform holistic planning, fintech firms say.

Triumph Bancorp in Texas agreed to sell its CLO management firm just months after new risk retention rules kicked in.

Policymakers speak of expanding consumer choice, but for the vast majority of borrowers and investors, standardizing choices that make the most financial sense has greater merit.

Bankers, directors and other large investors are unloading millions of shares as bank stocks stay close to all-time highs.

U.S. regulators rejected an exchange-traded fund based on bitcoin, wiping out weeks of gains for the digital currency as investors speculated the Securities and Exchange Commission would approve the security.

Merchant banking activities activities amount to more than $30 billion in direct investments, including more than $11 billion in renewable energy investments, a survey found.

The firm built a product to match the current moment, which is political, says CEO Hardeep Walia.

The investment will help BillPro's international expansion ambitions in a cross-border payments market that's expected to expand for technology-driven providers.

A Federal Reserve proposal to set higher capital requirements for certain physical commodities may contravene Congress’ intent by making possession of those assets financially untenable, financial groups claim.

Andy Sieg says the firm's digital wealth and mobile app investments are "a key strategic story."

MarketRiders is the latest digital platform aimed at a specific minority investor community.

As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.

Activists are pressuring banks involved in financing the controversial Dakota Access pipeline to abandon the project. If banks remain committed, they risk alienating customers, but divestment could set a bad precedent.

Some banks are looking to hire advisers or buy firms, while others are looking to get out of the business entirely.

Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University.