BlackRock is laying off around 3% of its global workforce to best position itself for a "new environment," chief executive Larry Fink and president Rob Kapito announced in a memo sent to staff on January 9.
Citi Securities Services has introduced capabilities to support dual-access exchange-traded funds (ETFs), affording investors the flexibility to access funds via an exchange or unlisted distribution channel.
Impact Economics and Policy lead economist Angela Jackson is set to lead discussions at the Financial Standard Chief Economists Forum 2024, joined by industry stalwart Don Stammer.
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year s top stories largely focused on this space. However, there was one particular executive move that simply couldn t be scrolled past.
While there are good indications that Melissa Caddick s victims will recoup most of their funds, the lawyer spearheading the latest class action believes that SMSF clients should get all their money back.