News Topic: Mutual funds
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Pandemic shows risks posed by nonbanks: Yellen
Shadow lenders poised to get tougher rules in global crackdown
Global regulators are preparing to tighten restrictions on companies believed to have threatened the financial system at the height of pandemic-fueled volatility. ... Read full article
PNC to sell investment management assets for $52 million
The Pittsburgh bank says it is selling the assets to Federated Investors to focus its PNC Capital Advisors unit on providing outsourced services. ... Read full article
'People are overwhelmed by choice': Schwab's Marie Chandoha
The head of Charles Schwab Investment Management is disrupting the asset-management industry by introducing more straightforward ETFs, mutual funds and other investment products. ... Read full article
Jessica Seidlitz: A champion for diversity at Charles Schwab
Working closely with her boss, Marie Chandoha, Seidlitz is on a mission to recruit and retain more female asset managers. ... Read full article
Gender-lens investing is coming into its own
With all the attention around more women running for office, women's marches, and the #MeToo movement, there is growing demand for investment options that support women too, says Veris' Luisamarie Ruiz Carlile. ... Read full article
A look at one bank's anachronistic effort to boost fee income
Bryn Mawr Bank has launched a mutual fund at a time when heightened competition and regulatory oversight are the norm. ... Read full article
Barclays to pay $97 million on claims it overcharged clients
The London-based bank overbilled customers by nearly $50 million through violations including collecting excess mutual fund fees. ... Read full article
