(Bloomberg) -- Anger is building in the senior ranks at Bank of America Corp. after the company waived an unpopular new bonus policy for top traders and dealmakers while keeping the plan in place for other employees.At issue is a grant of company stock that high earners -- generally those making $1 million or more -- received for the first time as part of their 2020 … [Read more...] about BofA Divided as Bankers Cry Foul Over Special Bonus Treatment
Finanace
Bill Miller’s Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15%
TipRanksThe 5G Revolution Could Send These 3 Stocks HigherWe’ve got a full month of 2021 behind us now, and a few trends are coming clearer. The coronavirus crisis may still be with us, but as vaccination programs expand, the end is in sight. With President Trump out of the picture, and the Democrats holding both Houses of Congress and the White House, politics is looking more … [Read more...] about Bill Miller’s Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15%
Money Pours Into Emerging Markets. What It Means For Investors.
Text size The Chinese yuan has gained against the dollar. Above, a bus in Hong Kong. ANTHONY WALLACE/AFP/Getty Images Investors have recently favored emerging market stocks over the those in the U.S. That is a reflection of their confidence in the global … [Read more...] about Money Pours Into Emerging Markets. What It Means For Investors.
Bitcoin Back Above $40K as Institutions Lead the Way
BloombergMystery Trade Adds Almost $9 Billion to Vanguard S&P 500 ETF(Bloomberg) -- Near the start of December, a mystery over-the-counter trade pulled about $7 billion from Vanguard Group’s S&P 500 exchange-traded fund. It just got it all back and more.The $194 billion Vanguard S&P 500 ETF (ticker VOO) added $8.7 billion on a single day this week, about two months … [Read more...] about Bitcoin Back Above $40K as Institutions Lead the Way
A typical day for Ark Invest’s star stock picker
By any measure, Ark Invest is having a spectacular run. With tens of billions of dollars flowing into her thematic ETFs and returns that easily surpassed 100% last year, Cathie Wood has gone from being a relatively unknown investor to one of the world’s best known money managers. Ark even took the mantle for largest active ETF from JP Morgan last year. But don’t call her … [Read more...] about A typical day for Ark Invest’s star stock picker