BlackRock Inc. is planning its second round of job cuts this year after the world’s largest asset manager splurged on $28 billion of deals to wade deeper into private markets. The firm is set to cut ...

Financial advisors are entering a new phase where technology-driven innovation and regulatory oversight collide—and compliance experts are urging firms to get ahead of both.

Jane Buffett claimed in her suit that the trustee and his firm received $1.7 million in fees from the estate last year.

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his giant tax bill, a person familiar with the ...

Swensen was the face of higher education’s embrace of private equity, illiquid investments held for the long term. His push beyond the traditional stocks and bonds portfolio was a major part of the ...

Vanguard Group, Capital Group and the TCW Group are among the investment giants who have embraced the semi-liquid funds, partnering with the likes of Blackstone Inc., KKR & Co and Apollo Global ...

Global stocks are getting close to triggering a technical “sell” signal after reaching a record this week, warns Bank of America Corp. strategist Michael Hartnett, saying the market is running too hot ...

In the eyes of Jane Edmondson of TMX VettaFi, Vanguard’s new ETF is a strategic move to challenge BlackRock’s dominance in the emerging-markets space. She points to VOO, the firm’s S&P 500 ETF, which ...

With two of those examples stemming from employees, Higgins emphasized that one unskippable step in preventing cyberattacks is having strong HR programs around onboarding employees where everyone is ...

The Wealth Squad The Global High Wealth Industry Group, commonly called the Wealth Squad, is a specialized unit within the IRS. Established in 2009, it was explicitly designed to focus on the tax ...

Trump’s threat strikes at a main source of the billionaire’s wealth. Musk’s Tesla Inc. and Space Exploration Technologies Corp. have benefited from federal contracts and subsidies. Musk and Trump ...

Chicago native Warren Baker started buying and converting apartment buildings into student housing in the city’s Hyde Park neighborhood in 1985. His once-scrappy company went on to forge multi-million ...