Deutsche Bank has agreed to pay $21.9 million to settle a lawsuit regarding mismanagement of employee 401 (k) funds. The suit alleged that the investment bank added proprietary funds to the company 401 (k) plan. …
Continue reading
Category: Financial
VEREIT Sells Cole Capital Associated with CIM Group
Cole Capital was once part of a company coveted by former real estate investment trust (REIT) czar, Nicholas Schorsch. Cole Capital appears to be changing hands for $120 million in cash and around $80 million …
Continue reading
Wells Fargo Advisors Settles for $35 Million for Non-Traditional ETFs
Recently, Wells Fargo Advisors Clearing Services and Wells Fargo Financial Network agreed to pay $35M to settle US Securities and Exchange Commission (SEC) claims. These claims blame both of these Wells Fargo entities recommended their …
Continue reading
Bank of America Stock Jumps on Buffet Buy News (NYSE: BAC)
Bank of America are traded at a discount of 3.7% to a high 52 weeks of 30 July, strengthening from the beginning of last week. The prospect supports strong quarterly results published by the company …
Continue reading
Bitcoin and Treasures Fall Ahead of FOMC Speech
This week, Bitcoin continued to fall and reached a minimum at 7960.00. Almost all the top 10 alternative cryptocurrencies by market capitalization fell after the collapse of bitcoin prices, which caused the market to slide …
Continue reading