Written by: Cindy Hamilton Posted on: April 9, 2021Stifel CEO says life after Covid means return to the office
CEO Ron Kruszewski cited benefits related to training, collaboration and the reinforcement of the firm’s culture in his annual letter to shareholders.
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Written by: Cindy Hamilton Posted on: April 9, 2021Columbia, IBM settle 401(k) lawsuits
Plaintiffs alleged that IBM failed in their fiduciary duty to participants by not protecting them from stock losses that resulted from an unprofitable chip manufacturing unit.
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Written by: Cindy Hamilton Posted on: April 9, 2021Are 60-40 portfolios leading investors over a cliff?
The big increase in the U.S. M1 money supply could lead to inflationary pressures that will increase risks for the fixed-income portion of a 60-40 portfolio allocation.
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Written by: Cindy Hamilton Posted on: April 9, 2021Finra bars ex-Goldman Sachs banker after expense report issues
Goldman had discharged Jared Ailstock in 2019 after he faced allegations of inaccurate business expenses reimbursement reports. Finra barred Ailstock for not appearing to testify in its investigation of the matter, according to the order.
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Written by: Cindy Hamilton Posted on: April 9, 2021Bitcoin specialist NYDIG raises $100 million
Property and casualty insurers join life and annuity investors already backing the company.
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