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Swiss bank UBS wants to build a digitally scalable advice model for affluent clients in the Americas with up to $2 million to invest, it said on Tuesday as it reported third-quarter earnings.
Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to invest in wind and solar.
Senior Democrats in the U.S. Congress were at odds on Wednesday over a proposal to tax billionaires' assets to help pay for President Joe Biden's social and climate-change agenda, leaving it unclear if the idea had enough support to become law.
Duke Energy Corp is in advanced settlement talks with Elliott Management Corp that could see the U.S. power utility add two directors backed by the activist investment firm to its board, people familiar with the discussions said on Friday.
European shares opened lower on Monday, as surging commodity prices added to fears around a burgeoning energy crisis, while weak data from China kept concerns around slowing economic growth alive.
If regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supply chain bottlenecks that have weighed down the U.S. economic recovery from the pandemic, analysts and investors said.
Goldman Sachs Group Inc reported a surge in third-quarter earnings on Friday, as Wall Street's biggest investment bank rode a record wave of dealmaking activity that has boosted profits at other large U.S. banks too.
Harvard University, already the wealthiest in the world, said on Thursday that its endowment made a 34% gain and swelled to $53.2 billion in the fiscal year that ended in June.