Banks

The wealth management company is on track to meet its 90% advisor retention goal for its $2.7 billion planned acquisition of Commonwealth Financial Network, CEO Rich Steinmeier says.

The deal comes just before talks with one of the U.S.’s biggest trade partners are set to begin.

The company’s forecast contracts enable investors to effectively bet on the outcome of events such as Federal Reserve rate moves.

A slowdown isn’t guaranteed. Look at banks, retail, and copper if one doesn’t materialize.

Patricia McCarthy will help oversee UBS’ effort to grow its workplace wealth solutions unit.

Stocks won’t enjoy the strong tailwinds that propelled the S&P 500 to 20%-plus returns in the past two years. Instead, investors should aim for 6% returns.

The company benefited from heightened investor trading activity during the first quarter.

Investors are set to hear more about the company’s strategy for 2025 this week.

Some companies have pulled their guidance because of the aggressive U.S. trade strategy, while others see little effect.

Morgan Stanley’s Mike Wilson put out a shopping list. The names are already reflecting close to the worst in the economy.

The executive order signed Tuesday specifically addresses items that might otherwise be subject to multiple tariffs.

The SBA is reviving rules dropped in the Biden era by the agency, which created $400 million in negative cash flow last year.

A restriction on growth imposed in 2018 by the Federal Reserve remains in place.

Nicole Nunag’s remit includes providing investment services, philanthropy strategy, family office solutions, art services, credit solutions, and wealth planning services.

Analyst Alexander Blostein cites Schwab’s improving balance sheet and strong growth.

Ameriprise said unadjusted net income fell 41% year over year and that its asset-management unit had net outflows of $18.3 billion.

Shares of banks including JPMorgan Chase and Citigroup have lately shown signs of life, but the data say that now isn’t the time to buy the rally.

CEO Paul Shoukry said the company’s investment banking pipeline remains robust, but the timing of deals has been hurt by macroeconomic uncertainty.

Top Goldman executives won approval for their pay packages, but with far fewer votes than a year ago.

Tesla stock rises ahead of the electric-vehicle company’s first-quarter earnings, Boeing is selling certain digital aviation solutions assets in a $10.55 billion deal, GE Aerospace’s profit tops analysts’ estimates, and more customers than expected cancel Verizon contracts.

Tesla slides ahead of quarterly earnings scheduled for Tuesday, and Nvidia tumbles with the chip maker a victim of the U.S.-China trade war.

Shares were climbing after regulators approved a merger between two of the biggest U.S. credit-card issuers.

John B. Hess bought a large block of shares of Goldman Sachs, which he serves as a director.

Combined, the two companies create the sixth-largest U.S. bank.

Big trading hauls at Morgan Stanley and its rivals are a core theme for investors this earnings season, powering better-than-expected results.