A former female employee of Fidelity Investments has sued the company for discrimination and a hostile workplace where women were allegedly disparaged and racially insensitive comments were made, according to a lawsuit.
JPMorgan Chase & Co's expenses in 2021 will likely top $67 billion, slightly more than analysts' estimates, because of company investments CEO Jamie Dimon said on Tuesday at an investor conference.
Robo-adviser Betterment LLC said founder Jon Stein will step down as chief executive officer on Tuesday and will be replaced by former ViacomCBS Inc executive Sarah Levy.
The U.S. securities regulator said on Tuesday that UK-based investment advisor BlueCrest Capital Management Ltd had agreed to pay $170 million to settle charges that it allegedly misled investors over the existence of a proprietary hedge fund created to invest staff capital.
Nearly 50 buyout firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks, a U.S. private equity investor association said on Monday.
(Reuters) -A new investment firm is taking aim at one of corporate America's most iconic brands, pressing energy giant Exxon Mobil Corp to overhaul itself by focusing more on clean energy to improve its financial performance.
U.S. investment bank Morgan Stanley said on Monday it was taking "a few chips off the table" after a thundering rally in emerging markets over the last month.
After a record November, a strong start for world equities this month has triggered some of the "sell" signals monitored by major investment banks, raising chances that the run to record highs is about to pause.
