TD and Schwab shareholders voted in favor of the merger; Schwab expects the deal to close in the second half of this year, with an integration period of 18 to 36 months.
The new legislation will lengthen the amount of time in which businesses can spend the loan, as well as the amount of time in which they have to pay the loan back if it is not forgivable.
In the first five months of 2020, the 29 new active funds, including a wave of new non-transparent ETFs, have put the industry on pace for a total of 70, exceeding 2018 (64) and 2019 (59) levels, according to First Bridge Data.
Now, more than ever, it is critical to meet your clients’ demands for more transparency and personalized information. Join this webinar for a discussion on how wealth managers are evolving to support growing client expectations.
According to FINRA, Merrill Lynch failed to properly supervise its thundering herd so that clients received sales charge waivers and fee rebates, impacting 13,000 accounts.
Nearly one-third of advisors plan to increase their use and recommendation of ESG funds over the next 12 months, up from 19% in 2019, according to a new FPA survey.
Andreessen Horowitz is looking for "entrepreneurs who did not have access to the fast track in life but who have great potential." SoftBank launches $100 million fund for "companies led by founders and entrepreneurs of color."