Investments

The Abu Dhabi sovereign wealth fund-backed AI investment company initiated the largest investment ever paid in crypto.

Advisors were right not to recommend the decentralized cryptocurrency in the past. They can be right again by recommending it today.

As home to the world's biggest financial center, New York state is in a uniquely powerful position to hold banks to the climate pledges they now seem prepared to break.

The largest independent digital investment advisor in the U.S. is buying the automated investing arm of the woman-focused company.

The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote in his annual letter to shareholders.

The Federal Reserve appears to be on hold, waiting for clarity on inflation and fiscal policy. The March 19th Federal Open Market Committee meeting, with a new Summary of Economic Projections will illuminate members' revised thoughts on interest rates. Join us March 20 at 12:00 pm as Mike Goosay, Chief Investment Officer of Global Fixed Income at Principal Asset Management, breaks down the meeting, Chair Powell's press conference and the SEP.

Small lenders beset by the fallout from high interest rates took losses in the fourth quarter when they unloaded underperforming securities and loans. But they are reinvesting the proceeds into higher-yielding assets.

The devastation of communities across Southern California will, inevitably, cause tremendous stress on the banks that serve them. This should be a wake-up call for regulators to take climate risk more seriously.

The enhanced fintech partnership would build merchant scale, and selling U.K. and U.S. portfolios would free up cash.

Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.