FINRA’s National Fraud and Financial Crimes Detection Programs has sent 50 cases to the SEC involving potential fraud by public companies related to COVID-19. So reports Think Advisor.
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Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.
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Private equity group Reverence Capital Partners is courting suitors for a minority stake in wealth…
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The NFL Players Association has approved UBS to work with current and former players through…
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Sixty percent of Black and Hispanic Americans want an active role in picking the stocks and bonds in their portfolios. That compares to just 46% of white Americans, according to a study from J.P. Morgan Wealth Management. So reports Think Advisor.
The survey included 2,014 adults in the U.S. and was conducted from April 26 to May 9.
The survey also found that 70% of Black Americans and 46% of Hispanic Americans said when investing in a business, it is important to them whether it is owned, started and / or operated by Black, Indigenous and people of color. Meanwhile, just 31% of Asian Americans and 27% of white Americans expressed said the same.
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