WSJ News Exclusive | Wall Street Firm Oversees Billions of Dollars Backing Tether

[ad_1] Cantor Fitzgerald helps oversee a $39 billion Treasury portfolio that makes up the lion’s share of the stablecoin’s reserves. [ad_2] Source link

Robinhood Needs More Arrows to Fire

[ad_1] The online broker is shrinking its share count and slashing core expenses, but finding new revenue sources is still critical. [ad_2] Source link

The Atlanta Billionaire Behind Goldman’s Latest Consumer-Lending Push

[ad_1] Listen to article (2 minutes) A billionaire entrepreneur who owns more of Goldman Sachs Group Inc. than Chief Executive David Solomon is leading an effort to refresh the Wall…

Robinhood Will Try to Buy Back Sam Bankman-Fried’s Shares

[ad_1] The company’s stock jumped in after- hours trading following the announcement of its plans in its quarterly earnings report. [ad_2] Source link

Robinhood Hits Back at SEC, Warns of Threat to Zero-Commission Trading

[ad_1] This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or…

Carlyle to Name Banking Veteran Harvey Schwartz as CEO

[ad_1] Carlyle Group Inc. plans to name investment-banking veteran Harvey Schwartz its new chief executive, as the private-equity firm’s founders seek a fresh start after a botched succession plan. [ad_2]…

Some Investors Are Missing Out on Higher Yields—and Don’t Know It

[ad_1] With “cash sweeps,” brokerage firms automatically put uninvested client assets into a low-yielding bank-deposit program. [ad_2] Source link

WSJ News Exclusive | J.P. Morgan Asset Management Adds $500 Million of Southern Timberland

[ad_1] The deal is Wall Street’s latest wager that forests will be valued for more than just wood products. [ad_2] Source link

The Money Move That Has People Ditching Their Bank Accounts

[ad_1] Markets Personal Finance More people are banking with companies that hold their 401(k)s [ad_2] Source link

Goldman Sachs Cut CEO David Solomon’s Pay to $25 Million in 2022

[ad_1] The Wall Street firm’s chief executive took a nearly 30% pay cut. [ad_2] Source link