With $20 billion in deals this year, Morgan Stanley pivots further away from risky Wall Street
The moves complete Morgan Stanley’s shift from being a firm dominated by traders and investment bankers to one where money management rules.
The moves complete Morgan Stanley’s shift from being a firm dominated by traders and investment bankers to one where money management rules.
"Main Street may indeed need a stimulus deal, but Wall Street can do just fine without one, and so can your portfolio as long as you focus on the bull markets that don't need no stinking bailout," the "Mad Money" host said.
Stable Road Capital will take space transportation specialist Momentus public through a SPAC deal that values the company at $1.2 billion.
Amazon's two-day shopping event kicks off Oct. 13 but, amid the pandemic, consumers may be less willing to shop.
A look at how Hispanic entrepreneurs in Philadephia -- like so many nationwide -- are working to strengthen their communitiy and the local business ecosystem during the pandemic.
Finextra | Oct 6, 2020 A handful of topical areas were canvassed in the ‘Friction or fiction: compliance in a real-time world’ panel session on day one of Sibos 2020’s virtual event. While there has been significant innovation in domestic and global payments, financial institutions still play a critical role in the global payment process.
The post Sibos 2020: Rethinking compliance for friction-free payments first appeared on National Crowdfunding & Fintech Association of Canada.
CrowdfundInsider | JD Alois | Oct 6, 2020 Earlier today, the European Union approved crowdfunding rules that will apply to all member states thus finally offering a pan-European approach to online capital formation while removing much of the friction in the current ecosystem that suffers from regulatory fragmentation. Industry participants, along with industry associations, have
The post European Union Approves New Crowdfunding Rules that Apply to Member States, Funding Cap Set at €5 Million first appeared on National Crowdfunding & Fintech Association of Canada.
This is Money UK | Camilla Canocchi | Oct 6, 2020 FCA bans sale of derivatives and tracking cryptocurrencies from 6 January It said these financial products are 'ill-suited' for retail investors They can put small investors at risk of 'sudden and unexpected' losses The City watchdog has announced a crackdown on the sale of financial
The post City watchdog bans sale of risky cryptocurrency-linked products to protect retail investors against shock losses first appeared on National Crowdfunding & Fintech Association of Canada.
"If you're just going to look at the president's tweet, you're just going to end up on the wrong side of the trade," CNBC's Jim Cramer said.
The federal government's Payment Protection Program approved more than 5.2 million loans totaling $525 billion in emergency relief funding. Yet, for many small-business owners who received those loans, that money has run out. What you can do.
Less than 11% of people with federal student loans are repaying them during the pandemic. Here's what they're doing instead.
Many major insurance carriers changed their telehealth policies in October, doing away with cost-sharing waivers for virtual visits not related to Covid-19. Here's what you need to know before you Zoom a doctor.
Cointelegraph | Shiraz Jagati | Oct 6, 2020 The CFTC and DOJ actions against BitMEX suggest that the crypto industry still has a lot of work ahead to meet KYC/AML standards. Recent years have seen the crypto industry mature across the global economic landscape, but it still runs into high-profile snags. On Oct. 1, the
The post The case against BitMEX is a compass pointing towards the future of crypto regulation first appeared on National Crowdfunding & Fintech Association of Canada.
The New York Times | Cecilia Kang and David McCabe | Oct 6, 2020 In a report led by Democrats, lawmakers said Apple, Amazon, Google and Facebook needed to be checked and recommended they be restructured and that antitrust laws be reformed. WASHINGTON — House lawmakers who spent the last 16 months investigating the practices
The post House Lawmakers Condemn Big Tech’s ‘Monopoly Power’ and Urge Their Breakups first appeared on National Crowdfunding & Fintech Association of Canada.
Less than 11% of people with federal student loans are repaying them during the pandemic. Here's what they're doing instead.