#MorganStanley is exploring expanding sales of #Bitcoin #ETFs by allowing its roughly 15,000 brokers to solicit customer purchases, according to two senior executives familiar with the company’s plans. ow.ly/yq9850Rniuk

#BTC #CRYPTO #WALLSTREET

Morgan Stanley awarded Andy Saperstein $41.5m for 2023, including a one-time bonus tied to the company’s CEO succession plan, according to the company’s annual proxy filing. ow.ly/8bhI50RbAi4

#wallstreet #ceo #earnings

BlackRock CEO Larry Fink warned of a looming “retirement crisis” facing the US and called on baby boomers to help younger generations save enough for their own futures. ow.ly/5ust50R3fUs

#wallstreet #invetsing #retirement

Morgan Stanley’s #ETF lineup now holds more than $1 billion thanks to the firm’s first-ever mutual-fund conversions. ow.ly/EY4s50R1e8y

#wallstreet #investing #retirement

Bitcoin has peeled back more than 10% from its all-time high as the appetite for fledgling spot Bitcoin exchange-traded funds moderates. JPMorgan Chase and Co. strategists warned the retreat has room to run. advisorhub.com/bitcoin-set-fo…

#btc #crypto #investing

Former #boa and #merrill #CEO Andy Sieg has earned a spot among his new employer’s most highly-paid executives for 2023, netting $11.3m. ow.ly/uSKe50QXuYJ

#wallstreet #banking

It’s becoming clear just how advantageous the acquiring Credit Suisse has been for UBS. It has pushed its market capitalization past $100 billion to the highest level in almost 16 years. advisorhub.com/ubs-powers-pas…

#banking #wallstreet #ubs

Join us for a great discussion on #ai , hashtag#robotics, and the internet of things with experts from Global X ETFs.

ow.ly/zIth50QUh4M

#wealthmanagement #etfs

Edward Jones Chief Executive Penny Pennington’s pay is back on the upswing as the company awarded her a 17% raise for 2023. advisorhub.com/edward-jones-h…

#wallstreet #investing #stlouis

Fidelity Investments cut about 700 jobs this week, its first headcount reduction in seven years. ow.ly/VEox50QQ8Kt

#wallstreet #investing #fidelity

Morgan Stanley’s wealth management arm is giving its clients a chance to buy and sell coveted shares of private companies before they are available to the wider public. ow.ly/an4C50QL3qU

#investing #wallstreet #privateequity

A former CEO of Godiva Chocolatier Inc. and his wife were ordered to pay almost $1.2 million in damages and fees to Morgan Stanley over an insurance check the couple allegedly improperly deposited in 2020.

ow.ly/7Efe50QJyWw

#wallstreet #investing

Two large Merrill Lynch teams have left to set up independent practices with LPL Financial and Ramyond James Financial Services, according to separate announcements. ow.ly/gWo150QIkhk

#florida #wallstreet #investing

Despite a slowdown in net new assets last year, Jed Finn, who took over as head of #MorganStanley Wealth Management in January, expressed confidence that the firm could hit its goals of $10T in assets and 30% profit margins. ow.ly/uh2q50QHcec

#wallstreet #investing

Goldman Sachs Group Inc. boosted David Solomon’s compensation 24% to $31 million for a year when earnings slumped at the Wall Street giant. ow.ly/I4n950QEapa

#wallstreet #investing

BofA’s Hartnett Says Stock Markets Are Behaving Like Dot-Com Era ow.ly/8Ewa50Qxr4S

#wallstreet #investing #stocks

A former Citigroup broker has pleaded guilty to defrauding three former customers of $1.48m by soliciting them to invest in her movie production business and then using the money for personal expenses. ow.ly/VM3n50QvuRr

#wallstreet #investing

The world’s biggest asset manager just triggered a $5B reshuffle in its lineup of quant-style ETFs as the resilience of the US economy boosts the outlook for value shares. ow.ly/BLCk50QvroS

#wallstreet #etfs #investing

Wells Fargo lifted CEO Charlie Scharf’s pay to $29 million for 2023, a year in which profit grew and the bank’s shares outperformed those of rivals. ow.ly/YCrm50QuSw8

#wallstreet #ceo #investing #banking

A former Morgan Stanley broker in #Texas , has been arrested and charged with stealing almost $3.5m from 10 customers by the #SEC . ow.ly/KefR50QuL9s

#wallstreet #investing