UBS Shareholder Calls for Bank to Leave Switzerland
U.S. investor Artisan Partners has urged the bank to part ways with its home country over new capital rules.
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Accenture Stock Climbs as AI Demand Boosts Results
The consulting company posted fourth-quarter profit of $1.99 billion, or $3.29 a share, compared with $1.41 billion, or $2.25 a share, a year earlier.
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Fed's Kashkari Says Inflation Still Too High, Latest Data Didn't Change View
Kashkari said the bigger surprise in the latest batch of inflation data was the revisions to gross domestic product growth that suggested a resilient economy and consumer.
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Financial Services Roundup: Market Talk
Find insight on KBC Group, Julius Baer Gruppe and more in the latest Market Talks covering Financial Services.
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Wall Street's Trading Desks Come Down From a Record High
Bankers expect third-quarter revenue to be better than normal, but not to match the big gains earlier this year
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SEC Moves to Expand Access to Private Markets With Proposed Change to Accredited Investor Rule
The Securities and Exchange Commission proposed a test to determine whether an investor qualifies as accredited, granting access to nonpublic investment opportunities.
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Amex Adds AI, Expense Tracking to Corporate Card to Counter Fintech Rivals
American Express has rolled out an expense-management platform with AI features alongside its new corporate card, as the company's corporate business faces mounting competition from fintechs.
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Robinhood's Next Big Bet: AI Bots That Trade While You Sleep
The brokerage's app made it easy to trade stocks on a smartphone. Now Robinhood sees AI agents in individual investors' future.
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He Was Rejected by Goldman Out of College. Now He's Poised to Run the Bank.
John Waldron has said he didn't do well on the firm's financial modeling test when he applied for a job decades ago.
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Piper Sandler Holds Talks to Buy Perella Weinberg
The deal would join the two Wall Street advisory firms.
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Lazy Customers Are Great for Banks. Could AI Change that?
AI agents could move cash to accounts with higher interest rates, potentially threatening banks' cheap deposits.
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Inside an Alleged $1.2B Ponzi Scheme That Left Investors Holding Crashed Stock
Z Squared began trading on Nasdaq in April, part of a plan to get investors out of a private-equity fund.
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VC Firm Friends & Family Says Founders Want Finance Help, Not More Board Members
Launched by brothers-in-law with an extensive Silicon Valley network, the firm has raised $300 million for fourth fund.