Financials

Financial regulators are expected to emphasize racial equity as they focus on consumer protection and expanding access to financial services.

Wells Fargo Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 12%, in 2020, a regulatory filing showed on Friday.

Robinhood stopped customers from buying a number of shares on Thursday due to large amounts of trading in those stocks, according to the company's blog post

New York Attorney General Letitia James announced she is looking into recent activity on Robinhood after the trading platform restricted trading of certain securities Thursday, resulting in multiple lawsuits against the company. 

The bank will withhold $174 million in compensation from current & former execs

The world’s 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technology oriented stocks led a dramatic rebound from a pandemic induced sell-off, LCH Investments data show.

86 licenses were aproved n nine of the state's 15 counties under provisions of the marijuana legalization measure

Morgan Stanley Chief Executive James Gorman's annual pay rose by $6 million in 2020, according to a regulatory filing released on Friday. Gorman will receive $33 million for his work last year, compared with $27 million in 2019, the bank said.

President Biden's pick to lead the Energy Department, Jennifer Granholm, has disclosed millions of dollars in stock options across a broad spectrum of businesses.

A state credit union that will provide checking, wire transfers and other banking services for more marijuana companies

Congressional action on a second coronavirus-relief package and the development of vaccines to treat the deadly disease enabled the lender to free $2.9 billion in loan reserves

JPMorgan, Wells Fargo and Citigroup report earnings on Friday.

The number of people intent on purchasing a home rose in the past week by 8%.

Affirm Holdings sold shares in its IPO at $49 apiece, above its target range, to raise $1.2 billion

The startup will be majority-owned by Walmart, with its CEO and CFO on the company's board along with Ribbit Capital's managing partner, Meyer Malka. 

Bitcoin's record run may continue in 2021.

Bank stocks rallied sharply Monday after the Federal Reserve gave financial institutions the greenlight to buy back shares.

The athleisure trend continues to boost sales for these brands during pandemic.

The potential development comes on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.

The Trump administration extending a moratorium that started early in the pandemic but was set to expire at the end of this month.