Wealth

The white-hot wealth management market is set for a year of merger mania. Meet 7 firms that are on the hunt

Summary List Placement After a record year for wealth management combinations, with acquirers scooping up more small wealth managers than in any year past, more deals are...
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The S&P 500 could gain 5% by the spring if US states boost vaccination rates, says the world's largest wealth manager

1 hour ago | Business Insider

Summary List Placement UBS says the pace of COVID-19 vaccinations will be a key driver of stocks in 2021. The firm estimates the S&P 500 could gain 5% by the spring if the...
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10 huge hits to Trump's business from the pandemic that may be permanent

1 hour ago | Business Insider

Summary List Placement America's billionaires got richer during the pandemic, with their collective wealth soaring to $4 trillion since March. Former President Donald Trump is...
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Cryptocurrencies won't work as actual currencies since people have 'absolutely no certainty' of what they can buy with them tomorrow, a UBS chief economist says

2 hours ago | Business Insider

Summary List Placement Cryptocurrencies can't work as real currencies as they don't provide stable stores of value, UBS' chief economist said. People have "absolutely no...
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Goldman Sachs just revealed a new strategy team to help grow its consumer and wealth business - and the 2 leaders who will be hunting for acquisitions and partnerships

2 hours ago | Business Insider

Summary List Placement Goldman Sachs is adding some serious firepower to its efforts to beef up its consumer and wealth management division. The Wall Street bank on Friday...
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South Africa's Widening Budget Gap May Drive Up Tax Targets

3 hours ago | Bloomberg

South Africa may be forced to revise its tax increase targets as its budget shortfall is set to breach wartime levels for a second consecutive year.
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With Democrats in Control, Investors Are High on Cannabis

3 hours ago | Bloomberg

Weed businesses are counting on the political shift to help them win access to financial markets and perhaps even national legalization of pot.
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Biden's pick for US Treasury leaves door open to wealth tax hike

10 hours ago | Al Jazeera

Janet Yellen also sees no immediate lifting of China tariffs, adds that polluters should pay for carbon emissions.
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Biden poised to break with Brown, progressives in picking top bank cop

14 hours ago | Politico

President Joe Biden's expected nomination of a former Obama Treasury Department official to regulate national banks is triggering fierce opposition from progressive activists...
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What a financial planner tells his clients when they ask what to do with money they didn't expect to save

18 hours ago | Business Insider

Summary List Placement If you managed to save a lot of money in 2020, there are a few ways you can put it to work in 2021 to build wealth. A financial planner recommends paying...
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NFL to allow 22,000 fans at Super Bowl LV, including 7,500 vaccinated health...

The 7,500 vaccinated health care workers will get free tickets. Read more ...

McConnell seeks to push Trump impeachment trial to February

McConnell on Thursday proposed delaying the trial until February to give the former president time to prepare and review his case. Read more ...

National Guard allowed back into Capitol complex after lawmakers erupt at...

The change comes after thousands of National Guardsmen were moved to a parking garage after they were told they could no longer use space within the U.S. Capitol Complex. Read more ...

Lloyd Austin wins Senate confirmation as 1st Black Pentagon chief

WASHINGTON - Lloyd J. Austin, a West Point graduate who rose to the Army's elite ranks and marched through racial barriers in a 41-year career, won Senate confirmation Friday... Read more ...

The House will transmit the article of impeachment charging Trump with...

Summary List Placement The House will transmit the article of impeachment charging former President Donald Trump with incitement of an insurrection on the US Capitol to the US... Read more ...

Austin wins Senate confirmation as 1st Black Pentagon chief

Lloyd J. Austin, the West Point graduate who rose to the Army's elite ranks and marched through racial barriers in a 41-year career, has won Senate confirmation to become the... Read more ...

Reports: Baseball legend Hank Aaron dies at 86

Hank Aaron, the one time MLB home run king and one of baseball's greatest players, has died, according to reports. Read more ...

7 Democratic senators call for ethics probe into Cruz and Hawley to...

Summary List Placement Seven Democratic senators have called for an ethics probe into Republican Sens. Josh Hawley and Ted Cruz over their objections to the Electoral College... Read more ...

Braves legend Hank Aaron dies at age 86, reports say

NBC Sports is reporting that Hall of Famer Hank Aaron has died. Read more ...

Reports: Baseball legend Hank Aaron dies at 86

Hank Aaron, the one time MLB home run king and one of baseball's greatest players, has died, according to reports. Read more ...