Mortgage Bankers Association President and CEO Bob Broeksmit wrote a blog post responding to suggestions that the two might be combined.
3 minute read
If big tech stocks continue on their current path, it isn’t a stretch for them to lead the S&P 500 higher, says DataTrek Research Co-Founder Nicholas Colas.
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Latest inflation data unlikely to derail Fed, Trump pushes to remove Lisa Cook, Paramount Skydance looking at Warner Bros. Discovery bid, and more news to start your day.
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The company aims to transform its customers into a tight-knit community with Robinhood’s social platform as their meeting place to talk shop and share verified trades.
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Fed rate cuts and a positive earnings cycle could power a small-cap rally. The Calamos Timpani Small Cap Growth fund stands to benefit.
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Trump’s approval ratings fall, Klarna, Gemini set to debut, Apple’s product event is coming, and more news to start your day.
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Shares of Charles Schwab, Robinhood, and other financial companies tumbled on concerns about a weakening economy and the direction of interest rates.
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A weakening job market increases the odds that interest rates will be cut soon.
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The agency signals a new approach to enforcement through settlements with financial companies over technical violations.
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Citigroup is streamlining its wealth management business as BlackRock seeks to expand its private asset investments.
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The Texas-based financial services company is restructuring its business and revamping top leadership.
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Trump’s Fed dispute heats up, Broadcom reveals new $10 billion AI customer, Goldman to invest in T. Rowe Price, and more news to start your day.
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Klarna, which replaced Affirm as Walmart’s exclusive buy-now, pay-later partner, looks to raise up to $1.27 billion at a $14 billion valuation in its upcoming IPO.
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The healthcare sector is up 6% since early August, but is still cheap. And it’s got more room to run.
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The two firms plan to launch co-branded model portfolios and target-date strategies that will give investors exposure to private markets.
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Steffens will serve as vice chairman of asset management at Stifel, a newly created role.
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Global bond rout deepens, Trump tariffs are back in limbo, food giants are struggling, and more news to start your day.
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Both firms are striving to drum up more business with independent advisors, one of the fastest-growing segments of the wealth management industry.
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Klarna is targeting a valuation of up to $14 billion, according to a filing with the SEC.
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The regional brokerage firm will rely on Broadridge to overhaul its digital platform for financial advisors.
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Shares of Citizens Financial Group and M&T Bank look particularly interesting.
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Healthcare, financials, industrials, and small-caps are on many shopping lists. But not the Magnificent Seven.
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Griffin’s ambition, strategic vision, and tech savvy have propelled Citadel into Wall Street’s upper echelons. This could be just the start.
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A new analysis of enforcement activity at the SEC this year finds a focus on direct investor harms rather than violations of more arcane agency rules.
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The stock will replace Walgreens Boots Alliance, which is being acquired by Sycamore Partners in a deal expected to be completed soon.
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