The elimination of "reputational risk" from federal banking supervision signals a fundamental shift in regulatory practices, impacting how banks and regulators approach risk management. This move, undertaken by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance
In an evolving financial advisory landscape, Savvy Wealth, a prominent wealth management firm and Registered Investment Advisor (RIA), is strategically positioning itself to attract advisors from the Commonwealth Financial Network. By leveraging its strategic partnership with Fidelity, Savvy Wealth
In response to heightened market volatility and increasing global financial uncertainty, Italy's first-pillar pension funds, known collectively as Casse di Previdenza, have been reevaluating and adapting their asset allocation strategies. Managing a substantial total of €115 billion in assets,
Financial advisors face a rapidly changing landscape, with new strategies and tools continuously emerging to help better serve clients. Among these emerging strategies, direct indexing has gained substantial attention in the wealth management industry over recent years. Despite its potential
Recent changes in interest rates by the Reserve Bank of Australia (RBA) have significantly reduced mortgage stress among Australian homeowners. A study by Roy Morgan Research indicates a notable decline in the percentage of mortgage holders classified as 'At Risk' due to the RBA's strategic
On April 17th, Bank of America Corp (NYSE: BAC) experienced a rather unpredictable trading session, displaying both gains and dips throughout the day before ultimately closing with a modest increase. BAC ended the day up by +0.21%, finishing at $37.41, which was a slight improvement from the
