Investment products

JPMorgan Chase creates investment product for Black-owned banks

02/23/21

The product — a special class of shares in JPMorgan's Empower money market fund — will initially be distributed by the Harbor Bank of Maryland, Liberty Bank & Trust, M&F Bank and Unity National Bank, according to a statement.

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Labor Dept. plan to replace fiduciary rule catches flak from all sides

08/12/20

Banks and other financial firms say the proposal to reverse restrictions on investment advisers does not go far enough. Meanwhile, investor advocates say it would loosen necessary protections.

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Bank of America's Merrill Edge goes to zero-dollar trades amid price war

10/21/19

The move follows similar offers from other major brokerages in the last two weeks, as the wealth management industry races to woo clients with the lowest-priced products possible.

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'This is how money should be': Digital asset pioneer Erik Voorhees

08/16/17

In an in-depth Q&A, early bitcoin adopter Erik Voorhees, founder of the crypto exchange ShapeShift, discusses a new acquisition, an experimental investment product and the future of his industry.

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